Record highs again

Over the last twenty years or so, the three days prior to thanksgiving have always been positive for the markets as has the day after. This year they were accompanied by record highs. (more…)

Stocks need a break

This week the S&P 500 Index touched 1,800 before pulling back a bit. Hitting round numbers in the averages usually creates some profit taking among investors. A number of indicators are also hinting that a minor correction could happen at any time. (more…)

More and more scientists, sociologists and economists are predicting a world food crisis in this century.  Meeting that challenge will require another Green Revolution, but how we accomplish that is the subject of a great deal of controversy. (more…)

 

For those who have yet to commit to equity, it is time to reassess. We have entered a new phase in stock markets worldwide. It is called a secular bull market and could last for many years.  Don’t let this opportunity slip by. (more…)

 

The fine art of guessing monthly employment data is a big business on Wall Street.  Economists fine tune their forecasts every month and rarely miss the actual number by more than a few thousand jobs. Not this time. (more…)

Recently, a leaked report from a United Nations scientific panel had some bad news for the world and consumers in particular. The scientists are predicting that climate change, coupled with an increase in demand, have set food prices on an upward trajectory for decades to come. (more…)

This week the art world is abuzz by the revelation that a $1.3 billion cache of 1,500 stolen artworks has surfaced in Munich. European investigators are hunting for yet a second treasure trove right now. It could be just the tip of the iceberg given the extent of Nazi looting during World War II.  (more…)

 

Sellers are having a hard time lately. The markets were up almost 4% in October, and 2.5% in September. So far all the bears have managed to do is slow the advance. The markets were down by less than one percent this week and the bears are on the ropes. (more…)

 

Problems began on day one. Since then the controversy has escalated until just about everyone has something negative to say about the Affordable Care Act. Aside from the litany of computer glitches and misinformation that has greeted the uninsured millions who have attempted to access HealthCare.gov, there are now new questions arising over benefits and costs. (more…)

 

Here we are just a week away from surviving October, notoriously the worst month of the year. It’s been an up month so far and I’m increasingly optimistic. (more…)