There was a time when an announcement of further easing from the Federal Reserve would have sent the markets soaring. This week the Fed promised more monetary stimulation and the markets finished flat to down. Even more puzzling was gold’s reaction to the announcement. The Fed is planning to purchase $85 billion/month in mortgage-backed [...]

Our stock market has gone nowhere since Thanksgiving week but it would be a mistake to believe that all markets have been on hold since that time. You just may be missing an opportunity elsewhere while politicians fiddle here at home. After gaining back about half of the 8% decline it suffered after the election, [...]

  It was a week of tension. Markets rose and fell on every word uttered by party leaders, who jockeyed for position and the national spotlight around the Fiscal Cliff.  It was Washington at its worst. Get used to it because this deal is going to go down to the wire.

One would think that the world is ending. The markets are in free fall. The media is in a feeding frenzy. Most people I talk to are convinced we are all going over the Fiscal Cliff.

After a year of uncertainty, we now know who will be governing the nation over the next four years. Unfortunately, it is not the guy that Wall Street was hoping would win. Investors took out their disappointment by selling. That is a mistake.

  Election Day approaches. Investors are jumpy as if the fate of the markets depends on which candidate is elected. Here’s my take—it doesn’t matter who wins. The markets are going up after the elections, no matter who wins.

Recent evidence seems to indicate that stock market investors are not as enamored with Mitt Romney and the GOP as one would believe. The averages have now fallen below last month’s “QE Infinity” announcement and risk falling further. This is why.

This week’s announcement of a third quantitative easing program goes beyond anything the Fed has done in the past. It is open-ended, extremely positive for equities and will continue even after the economy begins to pick up its pace. The bears are dead.

Are Markets Predicting Obama as winner in November?             Stock markets are said to discount the future. If one studies the election cycle and its impact on market performance, the stock market is telling us that there is a high probability that Barack Obama will enjoy a second term. Readers may recall that I have [...]