Full steam ahead

  The major averages made all-time highs again this week, except the Nasdaq. It is just a matter of time before that tech-heavy index joins the party. But what happens after that? The short answer is that we go higher, maybe not right away, but soon. January, you...

It’s still all about Greece

It was just one of those weeks. Greece remained in the spotlight while U.S. macroeconomic data gave conflicting signals on the health of the economy. Despite that, some stock indexes made new highs, before falling back on some Friday profit-taking. The Nasdaq...

A race to the bottom

Faced with slowing economies and sluggish employment, more and more countries throughout the world are devaluing their currencies, slashing interest rates and stimulating growth wherever they can. That should be a recipe for further global growth in the years to come....

The labor market is on fire

Non-farm payroll employment increased by 257,000 jobs in January and the gains for the preceding two months were revised upward as well. Even better news was hourly wages that jumped 0.5% in January to $24.75 after declining in December. That’s the biggest gain in six...

January tests investors’ resolve

Thank goodness this month is over. As January draws to a close, many are ready to throw in the towel as volatility skyrockets and bad news abounds. Don’t be in such a hurry. Day to day movements in share prices is getting larger and intraday swings in the indexes are...

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...