Archive for June, 2012

Reading the recent news pieces, you’d think the world economies and stock markets are plummeting with no hope in sight. Even Bernanke and the Federal Reserve are issuing “dire” (AKA low growth) forecasts. Yesterday came this piece: “We Are Living in a ‘Modern Day Depression.'” This bearish interpretation is not supported by the data.... »

Last week’s market sell-off, particularly Friday’s 2.5% drop, was ugly. What happened to that for-sure bull market widely discussed earlier this year? Is it still there, so this a dip to buy? Or are we now in a bear market? I expect that this messy market is offering opportunities and that we will see... »