“If the U.S. economy is doing fine, why has the Federal Reserve pared back plans for interest rate hikes this year?” That’s the question Columbia Business School Dean Glenn Hubbard asked Fed Chief Janet Yellen after her speech to the Economic Club of New York Tuesday. Has the Fed’s economic outlook changed? Or if not,
In my series to provide you with insights from some of the great investor, here are James Montier’s 7 Immutable Laws Of Investing: Always insist on a margin of safety This time is never different Be patient and wait for the fat pitch Be contrarian Risk is the permanent loss of capital, never a number
Ready… Buy at the Close THEN Sell at the Open! That is according to Bespoke Research. Since the January 1993 inception of the ‘SPY’ ETF that tracks the S&P 500, buying the index at the end of business and selling the next morning has seen a $100 investment rise more than 480%. Buying the open
Well at least the primary one: Jim Cramer. While I have nothing personal against Mr. Cramer, I feel he does a disservice to his audience. While he has some good calls and bad calls, like us all, the admission of making a mistake is not always forthcoming. Plus you NEED TO WATCH the show everyday
…To Just “Overbought” According to Bespoke Research: Last week at this time, equities across the globe had pushed well into extreme overbought territory. Generally, when extreme overbought levels are reached, it’s a sign that a rally is probably going to run out of steam in the very near term. Typically you see either a pause