equities

This is the Golden Age of Fed Watching. And we’ve done our fair share. On a day when we have speeches from 5 Fed presidents and 1 governor, what more is there to say that hasn’t already been said? Faith in the Fed is high, and capital…

The Fed’s intent is not to create consumer inflation, but rather asset inflation — primarily in the equity market.  By pulling longer-term bond yields lower, the Fed hopes that this will alter how investors value equities relative…

Despite the small pullback in equities today the momentum is higher on the US stock market, golden cross and all. Below is a chart that Andy Lees of UBS put up in his morning note today. It shows that we are now back above "the Lehmans…

A well-regarded US-based equity analyst had this to say about the preceding chart: Here’s a surprising tidbit: if the S&P 500 Index were to finish lower today, it would mark the 10th negative performance in the last 16 sessions.…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession  (McGraw-Hill, 2009). The Honorable Scott Brown United States Senate 317 Russell…

The US dollar is little changed against the major foreign currencies as the consolidation seen at the end of last week continue.  Holidays in Japan, Canada and the United States contributes to the subdued tone.  The euro made a…

Jim Bianco was on Bloomberg TV on "Taking Stock" talking about the US dollar. Bianco also discussed Federal Reserve monetary policy, US stocks and corporate earnings.  Bianco makes a few points on monetary policy that I made,…

In David Rosenberg's latest daily market commentary, he showed some concern about the rally in gold and suggested near-tern caution. Rosenberg writes: I LOVE GOLD, BUT.... ....The recent surge is the same chart as in March 2008,…

David Tice, chief portfolio strategist for bear markets at Federated Investors, talks to Bloomberg about the outlook for the U.S. economy and stock market.  He is expecting to see signs of a `Double Dip' Recession.  He also…

By Annaly Capital Management A common phrase often overheard on your favorite financial news channels goes something like this: “Stocks are cheap relative to bonds.” After all, the dividend yield on the Dow Jones Industrial Average is now…