Stock Market

Trumpymoon

December 14, 2016

Shocking as it may be, Barrack Obama is still the President of the United States. Don’t feel bad if you’re shocked; President Obama may have been caught wondering [...]

Big Year for Oil

December 14, 2016

A more than 40-percent jump in price in less than 12 months would constitute a spectacular year for any asset. That’s exactly what oil did, rising from a low of $36 a [...]

Turbulent Bonds

November 29, 2016

Current market dynamics reveal the difficulties in predicting market outcomes. As of this writing, the Dow Jones Industrial Average stands at a record high and, [...]

Bank Relief

November 23, 2016

The election of Donald Trump has coincided with a sharp rise in interest rates in the US.  In fact, the yield on the 10-year Treasury bond has risen from 1.86% on election [...]

Like It or Not

November 16, 2016

CNBC called at 12:30am and asked that I come on air between 2 and 3 am for comment.  Dow futures were down almost 800 points, and returns in Pennsylvania and Michigan were [...]

Revisiting Housing

May 25, 2016

We received some welcome data yesterday on the housing front. New home sales for April rose 24% YOY, coming in at a seasonally adjusted annual pace of 619,000. This tally was [...]

The Waiting Game

April 27, 2016

I read an interesting bit of trivia in a Barron’s article over the weekend. The article said that this Thursday “marks the day when the bull market that began in [...]