It’s all about oil

Just three weeks to go before the end of the year, and stock markets should be celebrating. Instead, equity markets have been down as traders become increasingly spooked by the decline in oil prices. Granted, financial markets sometimes get it wrong, but the present...

The biggest Black Friday sale of all

This year while shoppers scroll through the Internet, jockey for position at the sales counter, or wait in line hoping to be one of the first 100 through the door, the really big sale is staring us in the face. And this one requires no money down. As I write this...

A virtuous circle

This week the stock market made a series of minor new highs. But China’s surprise move to lower interest rates caused global markets to surge on Friday. November and December are typically the best months of the year for stocks and it appears 2014 will not disappoint....

Markets are in half time.

Stocks have had a wonderful run since mid-October’s swoon. The S&P 500 Index is now up over 10% from its bottom. As we approach another record high, expect some backing and filling before moving higher. I wish I could say the same about the price of oil. The price...

There’s no place like home

Sure, we have problems, lots of them, but right now America and its financial markets are the only game in town. Here’s why. Let’s start with the mid-term elections. It didn’t take a rocket scientist to figure out that the GOP would sweep both houses of congress. Now...

From one Fed to another

  What a week it was! The U.S. central bank marked the end of its quantitative easing, while promising to keep interest rates low. On the other side of the world, the Japanese central bank did the opposite. Their Fed increased the amount of stimulus it will add...