A parade can be a public procession celebrating a special day or event, or it also can describe a boastful, ostentatious display of aggrandizement.
Thanks to our representatives in Washington, we face a future of higher interest rates, a falling dollar and falling stock prices.
Breadth indicators measure how many stocks are participating in a price move. They aren’t as popular as momentum indicators, but they are more useful.
After a sharp sell-off, the Dow was down more than 10%. Declines of 10% in less than two weeks are fairly common. Yet the most recent one stands out as unique.
Fear is employed constantly by the government to gain public support for the massive U.S. police state surveillance system now in place.
Bond king Jeffrey Gundlach said that if the 10-year yield rises above 2.63%, it could start to hurt equities. On Friday, the rate was at 2.64%.
Tariffs give a country time to develop a capability or to protect a critical industry. However, China showed there could be a better way to fight a trade war.
At least for now, traders don’t agree with the Fed. In the futures markets, traders are betting with real money that interest rates are going to decline.