We did’nt start the fire…

Since early October, Pacific Gas & Electric stock has lost more than 85% of its value. And now, it has filed for bankruptcy. Following PG&E bankruptcy filing, S&P Global Ratings slashed credit grades almost to junk status for California’s two other big...

The Fed, my friends, is on our side

At a time of unpredictable and unpresidential behavior at the White House, we have the Fed, whose behavior has now become predictable. Going into the FOMC meeting last week, financial markets demanded that Federal Reserve Chairman Jerome Powell ease up on tightening...

Looking for direction as the Fed meeting awaits

Earlier in the week, Dow members – United Technologies and Procter & Gamble both rose more than 4.8 percent after reporting better than expected earnings. IBM, another Dow component, jumped 8.5 percent in its best session since Oct. 18, 2017. But then, later...

Forget the predictions, things are going to get worse

All the major indices finished 2018 down for the year, with the steepest declines recorded in the fourth quarter. And, just when investors were coming out of their New Year celebrations, Apple’s announcement of disappointing sales in China on Wednesday, gave the...

And its – Lights out?

Stocks ended sharply lower Friday after weaker than expected data in China and Europe exacerbated concerns of a global economic slowdown. The Dow lost 496 points, falling to its lowest level since early May. For the year, the Dow is now down 2.5 percent. The S&P...

Time to yield?

Time to yield?   If there is one thing the last few months in the stock market has taught us – it is time to look ahead to what else could be coming to derail the market even further. Here is what we know – juiced by President Donald Trump’s tax cuts,...
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