Consumer Sentiment at More Than 4-Year High blared the headlines. Here’s what you really need to know about that.
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The Fed’s Con Appears To Be Working But The Curtain Is Rising On The Third Act
by Lee Adler • • 1 Comment
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 said at last month’s FOMC confab. The market was shocked! SHOCKED! that most of the members saw no need for additional QE, unless things got worse. I had concluded that…
Bears Chat, Best of the Forums
ES 1197.75 +8.00 +0.67% futures spike on europe rally
by Bears Chat at The Wall Street Examiner • • 0 Comments
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…
Bears Chat, Best of the Forums
Why Should Anyone Own Stocks for the Next Two Years?
by Bears Chat at The Wall Street Examiner • • 0 Comments
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…