The logic behind Wall Street’s recession fears
To the logical investor, and to most economists, Wall Street’s fear of a U.S. recession appears irrational. Is it? While there is no current evidence that the U.S. has entered a recession, or even that one is approaching, there have been two instances in modern history where the financial markets have precipitated a recession; 1929 […]
OPEC’s lunacy behind market’s volatility
Market volatility was present throughout January with no calming so far in February. We saw a 565-point intraday slide on the Dow on Jan. 20; then a few days later, the market closed up nearly 400 points! As February began, the Dow gave back most of that 400-point gain only to regain nearly half of […]
Stock Market Showdown: Facebook Stock Vs. Apple Stock
Here’s the bottom line, so far as many market mavens are concerned: Facebook (ticker: FB) continues to prove its social net worth, while Apple (APPL) is a victim of its own success. The stock picture emerges crisper than a retina display in the light of last week’s quarterly earnings reports for the end of 2015. […]