Consumer Sentiment at More Than 4-Year High blared the headlines. Here’s what you really need to know about that.
In today’s conomic news, the mainstream media focused on the disappointment surrounding the FOMC Minutes, the massaged and sanitized fairy tale about what the participants…
US futures ES 1197.75 +8.00 +0.67% had been down overnight due to poor earnings from Alcoa, downgrades of Spanish banks, and news that Slovakia had failed to pass bailout plan.
European markets opened down, and then about an hour into trading, stag…
Here’s the case for dumping stocks and not touching them for at least two years.
The case for “buying and holding” stocks boils down to four words: don’t fight the Fed. Forget moral hazard and all the fancy stuff; the reason to load the truck wit…