New Market Highs Suggest a Classic ‘Blow-off Top’ May Be Underway After months of steep drops and cautious rallies, the stock market enjoyed fairly steady growth in November, with the Dow Jones Industrial Average, S&P 500 and Nasdaq all hitting multiple new record highs. Investor optimism was fueled mainly by the possibility that a partial …

December Monthly Newsletter Read More »

Bond-Based Strategies Can ‘Soften’ the Impact of Uncertainty in Many Ways In a year that has seen the stock market hit new record highs and experience record short-term drops, the rollercoaster ride continued this past month. The Dow Jones Industrial Average opened October with a 900-point dip over two days, then ended the month with …

November Monthly Newsletter Read More »

Is the Banking System’s Recent Liquidity Crunch a Potential ‘Iceberg’? For the most part, September was another month of nervous stability for the financial markets— until the very end. As September gave way to October, the stock market took another big dip, with the Dow Jones Industrial Average falling around 900 points in two days. …

October Monthly Newsletter Read More »

With the Yield Curve Fully Inverted, Is the Clock Ticking Toward Recession? After hitting new record highs in late July, each of the major stock market indexes started August with a drop. The market regained some of those losses only to drop again the following week, then repeated the cycle as the month ended. While …

September Monthly Newsletter Read More »

More than Ever, Signs Point to Low Interest Rates as ‘The New Normal’ August kicked off with a flurry of market activity that included Wall Street’s worst day of the year. After sliding downward to start the month, the stock market took a precipitous drop on August 5th. By the end, the S&P 500 had …

August Monthly Newsletter Read More »