The markets greeted the first trading day of the New Year with a sharp sell off, which picked up even more steam towards the end of the week caused by yesterday’s chilling jobs report. With all major indexes (Dow Industrials, S&P; 500, Nasdaq, Wilshire 5000, Dow Transportation), including our own international Trend Tracking Index (TTI), now positioned below their long …
No Load Fund/ETF Tracker updated through 1/3/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe bears beat the bulls by a wide margin this week with all major indexes ending sharply lower. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved to +2.79% above its long-term trend line (red) as the chart below shows: The international index dropped to -5.46% below its own trend …
U.S. vs. The Rest Of The World
Reader Tom submitted the following chart which shows the economic output from all U.S. states compared to the rest of the world. While I can’t vouch for the accuracy it nevertheless still confirms that the U.S. is still the big dog on the block; it’s an interesting way to look at the globe (click on graph to enlarge): “In the …
Looking Beyond Subprime
Reader Nitin submitted an article from the NYT written by Floyd Norris titled “Credit Crisis? Just Wait for a Replay.” It tries to look beyond the Subprime debacle by trying to answer the question “What if it’s not just Subprime?” It’s an interesting read and makes you look at other potential problem areas. This is not meant to dwell on …