The Costly Craving for Explanations

Everyone following markets wants to see order, even if the data present only chaos.  Humans reject random data, imposing explanations instead.  They see patterns that reflect normal probabilities.  They look at zillions of cases and celebrate a single instance that confirms a preconception. Because behavioral economics has been so widely celebrated, Nobel Prizes awarded, and […]

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Weighing the Week Ahead: Is the Correction Over?

Stocks once again made a sharp turnaround late in Wednesday’s session. The “mystery” rebound took the S&P 500 up 3.5% in about two days of trading. Despite the important economic releases and heavy earnings calendar next week, expect the punditry to be asking: Is the correction over? Prior Theme Recap In my last WTWA I […]

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Weighing the Week Ahead: A Dovish Tilt from the Fed?

Stocks managed a mid-day rebound from a 566-point decline in the DJIA. Among the suggested reasons was more help from central bankers. With a light economic calendar, I expect Fed speculation to compete with earnings in the week ahead. Everyone will be wondering: Will the Fed signal a dovish tilt? Prior Theme Recap In my […]

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Weighing the Week Ahead: Can Earnings Season Provide a Floor for Stocks?

Stocks continued the worst start in history. With little sign of dip-buying and the start of earnings season, everyone will be wondering: Can earnings reports provide a floor for stocks? Prior Theme Recap In my last WTWA I predicted that everyone would be wondering whether it was time to buy the dip – a strategy […]

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2015 in Review: Hot or Not

For the last two years, we’ve taken the time to pause and reflect on changing themes in business and current events. In addition to looking at what got the most “buzz,” we want to mull over the stories that would give you the most edge moving into 2016. In this illustrated review of the year, the “Hot” […]

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