US Markets

January 2013 Stock Market Report and Economic Update

By Greg Naylor January was an eventful month, as the federal government extended most of the Bush tax cuts and delayed sequestration for two months.  In addition, data shows that the flows of money from stocks to bonds have reversed for the first time in several years.  Here is a re-cap…

December Stock Market Report and Economic Update

By Greg Naylor December was an uneventful month, as markets anxiously awaited resolution of the ‘fiscal cliff.’  The last week of December saw markets end the year on an up note, with the S&P 500 posting a year of double-digit gains despite many headwinds. Looking ahead into 2013, attention has already…

A Roadmap for Responsible Government Spending

By Max Moore I recently started reading Santayana’s Curse by Sean Corrigan (of Diapason Commodities). In a few words, the book recounts various monetary pursuits over a long period of economic history and highlights how our ignorance of these instructive parallels has lead to the seemingly incurable laxity in public finance…

Special Interests and Political MisAdventures of the 21st Century

By Andrew Nyquist Let’s just come out and state the obvious: it’s nearly impossible to trust that the current political system has the conviction necessary to effect positive change for our nation and its future: our children. It seems like most of our politicians are more interested in expending energy entertaining…

November Financial Market Report and Economic Update

By Greg Naylor November was an eventful month, as the U.S. elections upheld the status quo in the House, the Senate, and the Presidency.  Markets initially dipped, then recovered.  Looking ahead into December, attention has turned to negotiations over the so-called “fiscal cliff.”  Here is a re-cap of November by…

Minyan Magic: Scenes from Festivus 2012

By Andrew Nyquist This year was finally my time! You see, for the past three years, I have longed to make the trek to New York City for Todd Harrison and Minyanville Media’s big “Festivus” party. But 3 kids in 3 years seemed to complicate things… but, not this year! Last…

October Market Report and Economic Update

By Greg Naylor October was an uneventful month for major economic news, although Superstorm Sandy closed the NYSE for two days.  This was the first closure since 9/11.  A mildly-disappointing earnings season, combined with uncertainty before the November elections, caused the overall U.S. stock market to pull back somewhat.  By…

September Market Report and Economic Update

By Greg Naylor September was an eventful month, as the Federal Reserve and Ben Bernanke announced another round of quantitative easing, commonly referred to as QE3, or simply ‘printing more money.’ In addition, the European Central Bank announced it would begin purchasing sovereign bonds to aid Spain and Italy. Not…

5 Thoughts: The Reality of Intervention, Politics, and Propaganda

By Alex Salomon It’s been a busy week for global news and financial media, covering rising fanaticism and related tragedies abroad, as well as the vastly important Central Bank interventions occurring around the world. Stay tuned, as I plan on writing a longer blog entry about “Interventionism vs. Free Markets.” Well, at…

August Market Report and Economic Update

By Greg Naylor August was an uneventful month, as many market participants traditionally take vacation at the end of summer before school starts.  Although volume was light, as it usually is this time of year, many markets continued to move higher as Bernanke keeps the door open to further stimulus.  By…