With the volatility in the markets lately, you might not realize that we are currently experiencing an outrageous investment mania. Stocks of companies that are involved in artificial intelligence have
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New Lows, New Rally The S&P 500 hit a new low for the year when it sank to an intraday price of $3,491 on October 13. This didn’t stop the
Stocks took a sharp turn lower in September with the S&P 500 falling more than 9%. This setback deflated the bulls who had been energized by a strong rally that
The last market update mentioned that in a mid-term election year, stocks have often rallied in the second half of the year after weakness in the first half. July certainly
As expected, neither stocks nor bonds reacted very well in the first half of the year to a rise in inflation which hit an annual rate of over 8% in
One of the best analogies for the financial markets is a voting machine. A machine bound by the competing expectations of investors. Optimists versus pessimists. Realists versus idealists. Many would
By now you know that the U.S. is experiencing a fairly dramatic inflation rate. The Consumer Price Index rose 7.9% last year, and prices this year are surging as well.
In recent years, investors have grown accustomed to market downturns that have been short-lived. We’ve seen sharp declines followed by fast recoveries. We saw this in the last quarter of
Major indices reached all-time highs to start November. The S&P 500 closed at an all-time high on November 8 for its eighth consecutive positive day. That is the longest streak