[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a sea of red numbers crashing on world equities as Wall Street notched a third straight day of losses with the Dow plunging 358 points. When the markets closed today, the Dow sat below 17,000 for the first time since Oct. 29 last year. Fear is still percolating throughout the …
One Man’s Opinion: Are Europe, Asia And Emerging Market Equity Prices Relatively Cheap?
Economic or earnings growth has mostly remained insulated from the ongoing global unrest and as such, should have little significance for the global economy, according to Russ Koesterich, chief investment strategist at BlackRock Inc. There are a number of reasons why investors chose to ignore geopolitical risks. First, central bank policies kept volatilities really low. Second, people have been conditioned …
Equities Back On Track As U.S. Data Remains Strong
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. equities climbed today, with the S&P 500 bouncing from its worst weekly drop in the past seven, as concerns eased over the situation in Crimea, while economic data indicated the economy was improving after a winter slowdown. The geopolitical tension had weighed on equities last week, with the S&P 500 falling …
Not A ‘Fed Minute’ Too Soon
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The ‘Fed Minutes’ were perhaps the biggest headline and market mover today. Recent economic data has been disappointing, particularly in the job and housing markets, which has raised questions about the Fed’s future tapering plans. Some of the sluggishness appears to be due to the snowy weather across the country, but despite …
ETF/No Load Fund Tracker Newsletter For Friday, January 24, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01232014/ ———————————————————— Market Commentary Friday, January 24, 2014 STOCKS TAKE A BEATING THIS WEEK [Chart courtesy of MarketWatch.com] 1. Moving The Markets Well, it was a poor end to a mediocre week in the U.S. stock market. U.S. stocks experienced their largest daily drop of …
One Man’s Opinion: Have The Markets Turned Complacent?
Equities have rallied 27 percent this year and that’s the cost of being bearish, though it is quite high, quipped Dean Curnutt, President and CEO of Macro Risk Advisors, when asked to comment on the distinctive feature of 2013 and the sudden market calm witnessed as of late. To be relevant and to manage money these days, it’s hard not …