The markets were so oversold by Friday that even a hint of positive news was enough to send stocks higher. The trigger was the revision downward of the nation’s gross domestic product to 1.6% for the second quarter. The initial GDP reading had been 2.4%.

The Japanese yen’s recent run-up against most other currencies has investors perplexed. After all, Japan’s interest rates are close to zero and have been at that level for a long time. The Nikkei, Japan’s stock market, has been leading world markets lower this year and is now officially in bear territory. What is so attractive [...]

I’ve got a lot of respect for the bond market. After all, it’s much bigger than the stock market with a lot more money riding on making the right call on the markets. It is truly the Big Dog while we in the equity markets are the tail. Recently, bond prices have shot up while [...]

Global markets are exhibiting a high degree of correlation, above 80% and that trend is expected to continue for several years into the future. As a result, the way most investors had invested in the past simply won’t work in the future. Here are the tools you will need to navigate the new normal in [...]

Back in the Range

Bulls gave it their best shot last week but it wasn’t good enough. No matter how much they tried, they just couldn’t break that 1,130 level on the S&P 500 Index. And like jilted lovers, all the averages retreated in frustration. The question is how long will this range-bound market continue?

“There is no difference,” you might say and you would be wrong. The answer, unfortunately, is that we are dealing with a stock market. Today and possibly for years into the future, this important distinction will require an entirely new mindset for most investors who want to preserve wealth and, at the same time, grow [...]

Up on the Roof

“Right smack dab in the middle of town I’ve found a paradise that’s trouble proof (up on the roof) And if this world starts getting you down There’s room enough for two Up on the roof” By Gerry Goffin and Carole King Green roofs are nothing new. They’ve been around since biblical times. Here in [...]