More stimuli equal higher markets

  We can thank Mario Draghi, the head of the European Central Bank, for snapping the stock market out of its month-long lethargy. This week, the ECB launched a trillion dollar program of monetary stimulus that gave investors worldwide a shot in the arm. The...

The European Central bank delivers

Today Mario Draghi, the head of Europe’s Central Bank, announced new steps in an effort to lift the EU from economic malaise. Investors wonder if it will be enough. That’s not unusual. There were many doubting Thomases in this country when the Fed first launched its...

The tail that wagged the dog

Rarely do we see a single financial asset, in this case oil, have the ability to sway the prices of trillions of dollars worth of investments on a daily basis over such a prolonged period of time. Oil has been in a multi-month tailspin. Its decline was supposed to be...

What will the New Year bring?

It was a good year for the stock market. The S&P 500 Index was up in excess of 12.5% with the other averages putting in a good performance as well. Naturally, investors are hoping for another year of stellar returns. Is that a reasonable expectation? At the...

What’s happening to the movies?

Have you noticed that American movies seem to be long on bullets and increasingly short on words? That despite flop after flop at the box office, the same movies are coming out with sequels? Get used to it because, increasingly, American viewers are a distinct...