We decided to give Steve McDonald a break from slapping faces. Today, we thought you’d enjoy reading his fantastic article on income plays. We initially published it in April. Hope you enjoy it! According to a new Swiss Re report, the
October 30, 2015
The S&P 500 ended the session with a modest -0.48% decline and was up only 0.20% for the week. However, its monthly gain of 8.30% was the biggest one-month gain since its 10.77% four years ago in October 2011. In
Video Length: 00:03:31 You’re 29 years old, staring 30 dead in the face. You graduated with a degree in Communications, Political Science or Criminology, and you’re working part-time at two different bars barely making enough money to pay your student
Stocks were weak throughout the session, and the futures started sliding a bit into the close. This looked quite a bit like the effort to mark an ‘end of month print’ after a sharp rally higher that looks increasingly shaky.
Brad Delong has written a piece in Project Syndicate that I find to be unfairly critical of Ben Bernanke. Specifically, Delong writes: “In 2000, Bernanke had argued that a central bank with sufficient will could “always,” in the medium term at least, restore full
NZD/USD acting well USD/JPY sideways until February? USD/CAD topping process? EUR/USD Weekly Click on image to enlarge Chart Prepared by Jamie Saettele, CMT For months, FX Technical weekly has been steadfast in that “support is estimated in the mid-1.0800s. Resistance is estimated in the
The Bureau of Economic Analysis announced yesterday that U.S. real GDP grew at a 1.5% annual rate in the third quarter. Although the headline number sounds disappointing, the underlying fundamentals look solid. It was encouraging that housing, nonresidential investment, and the government
Over half of companies in the S&P 500 have now reported earnings and we’re observing a familiar theme. For the fourth consecutive quarter, earnings have declined on a year-over-basis. On the revenue front, growth has turned negative for the third
As of October 23, the Dow Jones Industrial Average has a solid quarter-to-date gain of 8.4%, which lowers the year-to-date decline to just 1% and pulls the average to just 3.8% below its all-time intraday high of 18,351.36 set on
Quotable “Because here’s something else that’s weird but true: in the day-to day trenches of adult life, there is actually no such thing as atheism. There is no such thing as not worshipping. Everybody worships. The only choice we get
