The Standard & Poor's 500 is a stock market index based on the common stock prices of the biggest 500 publicly traded American companies. The index, which is up 13.67% for the year, looks ready to retreat to the 1390 level, and maybe further down to 1375-1380 level after a slight rebound following Bernanke's Jackson Hole speech. The S&P 500 [...]
By Brian Cronin Before starting off on another trip around Europe, let me remind regular readers that about a month ago in my essay on Spain, “The Impossible Dream” (which you will find in Alhambra’s archives if you didn’t keep it), that Spain has 17 semi-autonomous regions who run their own finances, and for some of them, none too well. [...]
A trend or perhaps out-performance can sometimes be deceiving. You've heard me say it before, you must be wary of time horizon. Know what you are analyzing and then look from a different perspective, discern the necessary details. We tend to like visual analysis and it will often paint a very vivid picture. Take, for instance the performance of a [...]
After last week's Jackson Hole speech, expect to see Ben Bernanke sporting a sling the next time you see him. There is simply no way he could spend that long patting himself on the back and not suffer at least a sprain. The monetary yoga master asserted that the Fed's non traditional monetary policies were responsible for creating 2 million [...]
Stay In Touch