Featured Articles
Danger Is Around Every Corner
Tim McPartland | May 5, 2015
We have finally concluded that the stock and bond markets are at a point that is the most dangerous they have been in years.Let's look at some of the recent data. 3 weeks ago we got a surprisingly soft employment report--horrendously bad. Then we followed that up last week with a GDP report of plus .2%--what a disaster!! At the…
You Can’t Keep This Market Down
Tim McPartland | May 4, 2015
This stock market just continues to hang in there--no matter the news good or bad. The S&P 500 is less than 1% from an all time high--even with interest rates creeping higher. Corporate earnings are not sensational as the strong dollar contributed to a stagnation in sales and earnings. Oh well, guess it doesn't matter.The 10 year treasury has moved…
REIT and Utility Smackdown Continues
Tim McPartland | April 30, 2015
The smackdown in the REITs and Utilities continues--in a savage manner today as average issues fell 1.5 to 2%. The REITs have been weak as hell for months now and the movement in share prices is strikening similar to the way the MLP massacre occurred last year. REITs tumble hard on big down days and barely respond to the upside…
GDP Lays an Egg. Interest Rates Higher
Tim McPartland | April 29, 2015
The release of the 1st quarter GDP numbers were softer than anticipated at a measly +.2%. Of course it was the weather (or maybe it wasn't), but as always there are at least 5 excuses--one of these days the reason will be simply that the economy is generally just pretty lousy (at least for the 'have nots').Interest rates have shot…
Waiting for GDP and the FOMC
Tim McPartland | April 27, 2015
With stocks trading right at all time highs we are waiting for the next bit of news that will smack stocks down or drive them higher. Certainly we are in a week which has the potential to set a new tone--for better or worse.Tomorrow the FOMC meeting starts and wraps up midday Wednesday. Of course the only thing to watch…
