2016 has been the worst start to a year on record for global equities. The triggers for this upheaval are familiar: China, oil, rising US interest rates and their combined impact on global growth. These factors affected markets at different times last year but they all hit at once in January. This led to panic […]
As a blogger, I read a lot of blogs. One of the better blogs I read is www.crossingwallstreet.com, written by Eddie Elfenbein. He is a self proclaimed lover of the stock market because it is one of the greatest inventions of all time. In either case, every other week or so he posts a “stat […]
Recent bull/bear debates following the 50 basis point cut in rates have stirred even further debates on inflation readings and the chances of a recession. Although the dialogue has been split between those who believe the cut will fend off a recession and those that believe inflation will spike as a result, we would like […]
Recently, I was reading an article that was began discussing the record levels of margin debt on brokerage accounts. It made a deft point that record levels of margin debt “is a red flag that the market is over-inflated by speculation”. This is a bold statement; however, it is on the right path. Let’s take […]
