A sense of calm appeared to settle over the stock market today – one day after the Dow’s worst of the year. The Dow was up nearly 90 points near the close Friday.
Gold prices, pushed below $1,300 an ounce Thursday, its lowest level in some two-and-a-half years, also bounced back Friday.
JPMorgan Names Bacon Deputy Risk Chief After $2 Billion LossBloombergJPMorgan Chase & Co. (JPM) named Ashley Bacon deputy chief risk officer as the firm overhauls risk management following a $2 billion trading loss in its chief investment office. B…
The following is the executive summary of the Wall Street Examiner Professional Edition Housing Update. The complete report with illustrative charts and analysis is available…
Earlier I posted this piece on the facts that we know about the big withdrawal from the Fed last week and the atypical Fed actions…
With liquidity flat, one market can rally only at the expense of another. Last week it was again the stock market’s turn. Click here to…
Unless foreign central banks step back up to the plate, either the Treasury market will collapse, or the stock market rally will fizzle, or both.
In recent days the trial balloons have been floating up fast and furious as various Fedheads talk about the benefits of or the need for…
The market was knocked down last week by the contagion that flowed from the silver margin increases. But as that was going on, POMO and…
Hussman’s “Things I Believe.” He lists his insights on a dozen things. Here’s the first one, followed by the link…
1) Investors dangerously underestimate the risk of an abrupt and possibly severe equity market plunge
Look back over history at…
