Increasing Market Volatility
Why It’s The Fed’s Fault Equity markets ended Q1/22 (Thursday, March 31) with the first quarterly loss in two years (since Q1/2020, i.e., when the pandemic began). Of interest was the rush to sell in the last hour of trading, as if mutual funds and equity ETFs did not want to show too many equity […]
The Trump Rally
For the third time in six months, markets reacted opposite to expectations. First, it was Brexit. Markets swooned after the unexpected vote. That lasted for two days before markets shook off the surprise and headed higher. Last month, when Trump won, the swoon lasted a whole 9 hours, and the tantrum ended just prior to […]
Post-election market drama
Last Tuesday evening, while dining with family and business associates, I had one eye on the elections and the other on the Dow Jones Futures Index, a proxy for the Dow Jones Industrials (DJIA) in the non-trading hours. At one point, the futures were down 900 points, and I was drooling over the prospect of […]