Fasten your seat belts! We are about to see something really new — the release of the monthly jobs report on a day when the market is not trading. Some think this is wrong. Jim Cramer, with an assist from Larry Kudlow, tried to turn this into a religious crusade. Somehow the decision to release […]
Many current economic and policy questions share a common theme: Jobs! Employment is a crucial indicator of the current economic situation, but future consumer spending also depends on jobs growth. Corporate profits and stock prices are similarly linked. And finally, we can depend on politicians to keep the issue in focus, especially in an election […]
I hate static price targets! Hate them! Most of the research we read or see on TV is a bureaucratized and sanitized version of analysis. The firm determines something, and that is the official version for public consumption. Those who pay no attention to changing conditions add no value for investors. Did you notice that […]
Here is the dirty secret about market timing: Claims of success are exaggerated — big time! Every investor wants to buy the bottom, and (especially) to sell the tops. This is so deeply craved that investors want to believe it is possible. In the wonderful world of financial news, this defines the opportunity. The best […]
Get ready for saturation coverage of inflation this week! While this has been a regular topic for many, the following factors combine to make inflation the focus for the coming week: The continuing rise in gasoline prices Increased attention to Iran and policy reactions Official data on PPI and CPI The FOMC meeting I'll offer […]