December Monthly Newsletter

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 …

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October Monthly Newsletter

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. …

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