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6/1/15… It’s more complicated than you think The jury’s still out on how history will treat the Federal Reserve’s unprecedented stimulus program. After the central bank pushed its main policy rate to zero in December 2008, it started buying hundreds of billions of government debt and mortgage-backed securities to keep longer-term interest rates low. That became known as…
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Good: Initial jobless claims plunged to 255k, easily beating estimates for 279k and hit the lowest level in decades Leading Indicators rose by +0.6% in June, beating estimates for +0.2% gain The Manufacturing PMI Flash index rose to 53.8, beating estimates for 53.7 The Chicago Fed National Activity Index rose to 0.08, beating estimates for…
LOOKING FOR LEADING STOCKS? TRY FINDLEADINGSTOCKS.COM? Facts Matter: The accompanying annotated 3-month daily chart of the S&P 500 illustrates how strong the bulls are right now. After all is said and done- the market is up less than 1% for the year, less than 1% below its all time high (hit two weeks ago on…
NYSE CEO on Reform
Looking For Leading Stocks? Take A FREE 2-week Today The Greatest Investor Of All-Time Many people overlook their mistakes and only look at their strengths. The problem is doing this invariably leads to more mistakes (repeating the same mistakes over and over again). Many people look at Warren Buffett, the most successful investor in history,…