equities

The following is the weekly commentary from Comstock Partners, which makes the point that housing has not turned the corner decisively and this is at odds with even the recent S&P bottom of 1040. While the market has been focused on…

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). Two significant changes are pushing markets towards a shakeout. First,…

I know the S&P is now through both the 50-day and 200-day moving average but it did break out to the upside last time it broke down below the 50-day.    The 200-day breakdown is a bit more serious though, of course. You…

This fairly well sums up my view: hen our policy makers insist on defending reckless lenders with public resources, we have to recognize that this is not free money. When the government issues a paper liability for real value, that real…

By David Galland, Managing Director, Casey Research Digging through the entrails of the fundamentals associated with the global economy and markets, it increasingly strikes me that there is really only one investment I’d now consider a…

Courtesy of FinViz.com, these heat maps give you an idea of stock and asset allocation performance yesterday.   Here are the same heat maps for the year-to-date:  

By Chris Wood of Casey Research “We want to kick off 2010 with a truly revolutionary and magical product.” That was Steve Jobs, preaching to a packed house at the Yerba Buena Center for the Arts in San Francisco back on January 27, as…

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). Investing in stocks is marketed as believing in America. Imbedded is the…

US corporate profit margins reached a half-century peak with the housing bubble. As in most recessions, margins fell. But, this time they fell precipitously, only to snap back to near that 50-year peak. The chart above from David…

The following is the weekly commentary from Comstock Partners, which makes the point that debt deleveraging is a multi-year event and that we are in the early stages of this deleveraging cycle. ...market reactions are widely out of…