Apr 10, 2014 | Uncategorized
In 2013 a consistent trend of bad macroeconomic news causing stocks to rise and good news causing them to fall could be seen marketwide throughout most of the year. The reason for this was simple: bad news led short-term traders to assume the Federal Reserve would...
Apr 4, 2014 | Uncategorized
This morning, the Bureau of Labor Statistics released its monthly payroll data, which has caused stocks and bond yields to fall. The disappointment was not limited to the headline number (192,000 added jobs versus 200,000 expected), but that number itself was a...
Apr 1, 2014 | Uncategorized
The U.S. economy depends on the consumer. This has been the case for nearly a century now, as post-WWII development in the country relied on a middle class nuclear family to purchase consumer goods that would build companies and profits. This system was extremely...
