Earnings Season

There has been an interesting trend over the last two years.  The naysayers about the US and global economies, including many who must be viewed as "perma-bears" have predicted that earnings will move lower. Each quarter the earnings growth begins with a very high forecast by historic standards.  The actual earnings exceed that forecast.  The […]

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Fed Predictions

If we did not have money at stake, the various predictions about the Fed would be amusing.  Every day the parade of the pundits on CNBC includes those who talk about what the Fed should do and what the Fed will do. With a very vew exceptions, most of those offering opinions about what they […]

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