Get used to heightened market volatility
The sentiment surveys indicate that the economy continues to perform well. The underlying data say otherwise. People take their cue from the stock market when it comes to assessing economic health. And, as long as the stock market is near dizzying heights, the sentiment surveys will say the economy is doing well. The hard data […]
Is This Correction Over Yet?
Originally published in Reno Gazette Journal http://www.rgj.com/story/money/economy/2014/10/19/correction-yet/17494021/ I’ve never seen a market correction that wasn’t scary. And this one is no exception, especially since computer-based trading has significantly increased volatility. But, if we include the volatility, which means using intraday highs and lows, the intraday low on Wednesday was 9.8 percent lower than the intraday […]
Should you buy this market correction?
It appears that the summer has not been kind to the equity markets, and that we have actually been in a “stealth” correction for about 3 months. What should investors do? Is this a correction to flee? Is it already too late? Part of the reason for the acceleration in the heretofore “stealth” correction to […]