Monthly Archives: July 2018

Goldilocks and the 74 Hot Dogs

Last Week: Goldilocks is still alive and well, as evidenced by the Bureau of Labor Statistics initial report on the labor situation in June, which was neither too hot nor too cold. While the unemployment rate increased slightly from 3.8% to 4.0%, the entire increase was due to an estimated approximately 600,000 people entering the workforce in search of work; such an estimated increase typically is taken as a sign of [...]

2018-07-09T10:08:46+00:00July 9th, 2018|

TINA has Left The House

Last Week: “TINA”, which stands for there is no alternative (to equities), has been the battle cry for the bulls during this nine- plus year rally in the market. The gamble by the Federal Reserve that pushing short-term risk-free interest rates down to zero percent would stimulate investment in riskier assets paid off handsomely. Most of the money flowed into the S&P 500, being the most liquid equity basket, which helped [...]

2018-07-02T10:24:26+00:00July 2nd, 2018|