It has been a bit of a bumpy ride for stocks as we kick off the New Year, however, it hasn't been a real disaster either. Of course, you wouldn't know that by the hand wringing and whining going on with mainstream analysts and portfolio managers.
As the world slowly transitions away from energy based on burning hydrocarbons, from coal and oil to natural gas, the main problem after start-up costs that have hobbled a further acceptance of renewable energy sources has been...
For the last 10 trading days (two calendar weeks) the Dow Industrials have been trapped in a tight trading range. In Dow Theory parlance this is called a “line”. The longer this line progresses the more technically significant the breakout trend will be for savvy traders to exploit.
China's policymakers have been working to shift their economic model towards consumption, and away from excess investment spending. An explosion in lending is beginning to saddle China with the same problems that have plagued other debt-ridden nations.
Is central banking and our modern monetary system one giant confidence game? Former St. Louis Fed President William Poole says yes. Also, is the U.S. really experiencing a housing recovery? Brian Pretti of Contrary Investor offers his thoughts.
In the aftermath of the 2008 crisis, it has become clear that markets are locked in a battle with policymakers. In an unhampered free market the crisis would have been followed by a sizable deflation of uncovered money substitutes.
With 98% of states expected to show growth over the next six months, the risk of a coming recession remains remote. In looking at the U.S. collectively, the present backdrop is clearly bullish and does not offer any impending doom to the current economic expansion.