Here in the northeast, the weather has been fantastic. We have been enjoying our Indian summer and, as the major indices continue to rally in the fourth-quarter, so too have the markets. We did; however, see a minor retreat on the very positive “Jobs Report” in the Friday session. The reports highlights the expansion of […]
Here we go off into Christmas help hiring season in anticipation of consumers rushing into brick and mortar store to purchase their holiday gifts….News Flash!!!! Many consumers will likely make purchases on-line, trying to find the best bargains without dealing with sales people, crowds or parking problems. That said, we expect to see lighter traffic […]
We’re back! We apologize to our readers for the great deal of time that has passed since putting out our last letter but are happy to say that we are back in action. If you look at the daily chart of the S&P 500 futures continuation, you will see a large “W” formation. We closed […]
There are two labor problems on the west coast, the Canadian Pacific Railway Engineer and the Dock Workers in California. At the this time in California, cargo vessels are anchored off shore, at last count 14 container ships sit in the harbor waiting to unload their cargo. The waiting time in the harbor is up […]
Chairwoman Yellen would like to see the average wage earner receive a benefit from the FOMCs accommodative stance. Very nice, and we would love to see that as well, however; zero interest rates feeds not the average wage earner but rather the upper income earner, corporations and banks. Where does the average wage earner stand? […]
When money gets tight people start reinventing themselves thinking of new ways to create cash flow. Old vintage clothing is a good source of cash and a great way to clean up closets. Not all clothing is desired so it does take investigation to discover which items can be sold. Another way people are saving […]
The business press attributed the nervousness seen in market prices this past week to the various global conflicts grabbing the headlines. The media always has to have an actual reason for market retreats when in actuality, the markets took a breather and gave back all of the previous week’s gains. Markets go up and they […]
Has anybody noticed that today we can not only go to a pawn shop to hock stuff for quick cash but there is a web-site called Borro.com. Just turn on the television and watch their ads. They accept luxury handbags, wines, antiques, cars, watches, jewelry and precious metals for a quickie loan. Oh, they don’t […]
The recent data release from the bureau of Labor statistics (BLS) on Friday shows that there was no wage growth in the April reporting month. The actual facts are that there has been no upward movement in wages for years, when considering inflation yada yada. Will a minimum wage hike help; we seriously doubt that […]
The bull market in US equities continues. While many pundits are calling for a top, and we agree that there are ominous signs in this aging bull market to support that opinion, we must remind our readers that markets tend to move directionally and generally resist change. A bull or bear market can continue longer […]
