The rise in the stock indices today may signal time for relief to some investors but there is a serious warning being sounded in the bond market.
Late last year, I published a couple of posts (here and here) noting that some pundits were calling for the 10-year Treasury note to come down to 2.5% or [...]
I don’t follow technical analysis too much but like most people, I am more than happy to click on any link that confirms my view of the world
Michael Kahn’s technical analysis article from Barron’s is interesting. I don’t know about all that fancy mumbo-jumbo about double bottoms and whatnot but I do agree [...]
Today’s market action is a bit of a head-scratcher.
Many of the major world indices (FTSE, Nikkei, All-Ords, TSX, etc.) are down at least 2 - 3%. Even the NASDAQ & S&P 500 are down around 2% but the Dow is holding ground at a slight loss. Energy sector getting sold off hard today. [...]
As always, you can view the complete portfolio here:
Enlightened-American Portfolio
Last August during the first major credit dislocation, my portfolio took a bigger hit than the broader market which really disturbed me. During that time, the gold and energy stocks sold off really hard (and bounced back even harder) and while I expect volatility in [...]
A few peculiarities I’ve noticed about mainstream financial media:
* Seemingly everyone is a contrarian. It doesn’t matter which argument, bull or bear, is being made, it is usually prefaced by “I’m a contrarian by nature” or some variation thereof. Obviously people don’t really know what that word means.
* No one is ever called [...]
The Fed blows it…again.
Before I could even get back from the gym, the Fed announced a 3/4 rate cut. While financial players worldwide were calling for them to do something, this is the wrong move. I’ll flesh it out in more detail in a later post but the short summary:
In life, timing is [...]
