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Three Uncertainties Are Driving the Markets

The financial markets have been focused on three uncertainties: the strong and rising value of the dollar vis a vis other currencies, weakening U.S. economic indicators, and the timing and magnitude of Fed policy actions.  All this with a background of the ongoing Greek tragedy and continued political strife and terrorism worries. Volatility has resulted.  To show the market’s uncertainty, in the month of March, of the 19 trading days …Read More

A look at fourth-quarter earnings

Earnings season is just getting underway and it looks like the stock market could use some good news. As I write this, the S&P 500 is down just over 2 percent year to date. Aluminum maker Alcoa traditionally kicks off the quarterly earnings season, and it reported better than expected earnings and revenue last Monday after the market closed to get the earnings season going. Earnings reporting will begin in …Read More