Spill Bill on the Hill
7/29/2010 By Fisher Investments Editorial Staff
Is there enough political will to pass a contentious energy bill?
Lowering the Economic Bar
7/22/2010 By Fisher Investments Editorial Staff
Fed Chief Ben Bernanke’s testimony revealed a weaker outlook for growth—but also expectations for a continued recovery.
Economic Relativity
7/7/2010 By Fisher Investments Editorial Staff
As the economic recovery matures, it’s important to separate a declining rate of growth from an absolute decline.
The Paper Companies’ Big Win
6/28/2010 By Fisher Investments Editorial Staff
Congress celebrated reconciliation of financial reform on Friday—but there’s a lot more paper than substantive reform targeting major factors driving 2008’s financial panic.
Housing Tax-Credit Hangover
6/24/2010 By Fisher Investments Editorial Staff
New and existing home sales data for May disappointed—but the expiring housing tax credit likely played a role.
Cashlandia
6/14/2010 By Fisher Investments Editorial Staff
While some fear ailing US consumers, businesses are showing resounding balance sheet vitality—a likely forerunner to bullish business spending.
Debunking Debt Concerns
6/10/2010 By Fisher Investments Editorial Staff
We're big enough to handle our debt—and more.
Hungary for News
6/7/2010 By Fisher Investments Editorial Staff
Global stocks shed mid-week gains on Friday, tied to one story that was positive but not positive enough, and gamesmanship from a new Hungarian politician.
PIIGS and Chips
6/1/2010 By Fisher Investments Editorial Staff
Spain’s credit was downgraded on Friday, but that shouldn’t overshadow positive developments elsewhere, like US manufacturing.
America, Still Popular
5/18/2010 By Fisher Investments Editorial Staff
Recent data show it takes more than badmouthing to strip US assets of their popularity.
The Fundamental Focus
5/17/2010 By Fisher Investments Editorial Staff
As stocks waver on euro-worries, global economic fundamentals continue their strong showing.
“Short”-comings
5/4/2010 By Fisher Investments Editorial Staff
Hedge funds betting against the market get hurt—sometimes in a big way—when stock prices rise.
Third Time’s Also a Charm
5/3/2010 By Fisher Investments Editorial Staff
The US economy expanded for the third consecutive quarter.
May Day!
4/30/2010 By Fisher Investments Editorial Staff
It’s the time of year for a classic rhyming myth to return from winter—but it doesn’t pass muster when tested.
A (Non) Moving Target
4/29/2010 By Fisher Investments Editorial Staff
The Fed maintained its target rate Tuesday—but it’s only natural to worry about what happens when higher rates do come. (Hint: Fine things historically.)
Rocky Earnings
4/27/2010 By Fisher Investments Editorial Staff
S&P 500 companies reporting earnings thus far are beating analysts’ expectations—by a wide margin.
To Burn or to Stone…
4/23/2010 By Fisher Investments Editorial Staff
Bankers deserve their share of the blame for 2008, but why solely them?
Uncle Sam’s Payday
4/15/2010 By Fisher Investments Editorial Staff
There’s much talk about raising taxes, but whether or not taxes go higher likely has little effect on the bull market.
Wonka Wonka Wonka
4/13/2010 By Fisher Investments Editorial Staff
The wonks at NBER are delaying declaring the recession’s end—but investors needn’t care about an “official” declaration.
Extra-Special Bulletproof
4/12/2010 By Fisher Investments Editorial Staff
Are credit ratings agencies really all that different from other forms of financial analysis? Nope.
Going Once…Going Twice…
4/9/2010 By Fisher Investments Editorial Staff
A great deal of ink has been spilled over the world’s growing disdain for US Debt, but two recent Treasury auctions tell a different tale.
No Kidding
4/5/2010 By Fisher Investments Editorial Staff
Stocks got off to a good start in the second quarter, with gains likely fueled by positive manufacturing data from countries large and small.
Adventure’s Out There
3/31/2010 By Fisher Investments Editorial Staff
Though the housing market continues stabilizing, the pace of recovery remains slow—in stark contrast to stocks and the broader economy.
Short-Changed
3/30/2010 By Fisher Investments Editorial Staff
Banks have received little credit for repaying bailout loans.
Feelings and Other Tragedies
3/29/2010 By Fisher Investments Editorial Staff
Most Americans feel like their portfolios haven’t grown over the last year. But feelings are often completely wrong.
March On
3/19/2010 By Fisher Investments Editorial Staff
Wednesday’s tame consumer price index reading is welcome confirmation inflation remains a distant threat.
Meaningless Marker
3/18/2010 By Fisher Investments Editorial Staff
Major stock market indexes hit 18-month highs Wednesday—spurring some folks to fear stocks may be due for a drop.
Not in the Mood
3/16/2010 By Fisher Investments Editorial Staff
Moody signaled its displeasure with US debt levels by announcing the country was closer to a rating downgrade.
Logorama
3/12/2010 By Fisher Investments Editorial Staff
A resurging corporate debt market is yet another sign companies are strong and ready to spend, which spells growth for the broader economy.
Long Live the King?
3/10/2010 By Fisher Investments Editorial Staff
Cash is corporate king currently, and that bodes well for stocks looking forward.
Packing a Punch?
3/5/2010 By Fisher Investments Editorial Staff
Many fear commercial real estate losses present a potential blow to economic recovery.
In Memoriam
3/3/2010 By Fisher Investments Editorial Staff
This month memorializes the 2000 market peak a decade on. Looking back, we find few revolutionary investing lessons, but many essential reminders.
Underdogs Victorious
3/1/2010 By Fisher Investments Editorial Staff
The US and most Emerging Markets beating Q4 GDP expectations signals the global economy is alive and well.
A False Prophet
2/24/2010 By Fisher Investments Editorial Staff
February’s falling consumer confidence doesn’t tell us much and should little worry investors.
A Fed Surprise
2/22/2010 By Fisher Investments Editorial Staff
The Fed raised the discount rate Friday—a baby step toward normalizing monetary policy.
Whoop, There It Is
2/19/2010 By Fisher Investments Editorial Staff
There’s much to whoop and cheer about in the US manufacturing sector.
PIIGS Go to Market
2/18/2010 By Fisher Investments Editorial Staff
Recent PIIGS countries bond auctions were oversubscribed.
The Plan That’s Just a Plan
2/11/2010 By Fisher Investments Editorial Staff
Fed head Bernanke released a statement Wednesday detailing stimulus exit options—but indicated monetary policy will remain accommodative for a while yet.
Here Comes . . . a Little Sun
2/10/2010 By Fisher Investments Editorial Staff
Falling inventories, little talked about, signal continued economic improvement and could help stocks rise over time.
Simmer Down Over Corporate Bonds
2/9/2010 By Fisher Investments Editorial Staff
Sentiment may be shaking the corporate bond market right now, but companies' prospects are largely robust.
A Tale of Two Surveys
2/8/2010 By Fisher Investments Editorial Staff
Friday’s employment report might seem a mixed bag, but it shows progress overall.
Melancholy Over Manufacturing?
2/4/2010 By Fisher Investments Editorial Staff
US manufacturing expanded in January at the fastest pace in five years, but naysayers fear the sector’s continuing decline.
This. Is. Good. News.
2/1/2010 By Fisher Investments Editorial Staff
As US GDP grew at its fastest pace in six years, the pessimism of disbelief finds reason to doubt.
One Step at a Time
1/28/2010 By Fisher Investments Editorial Staff
The FOMC’s Wednesday meeting contained no surprises—but showed the Fed's willing to maintain accommodative policies until the recovery is on surer footing.
So Long, Sixty
1/21/2010 By Fisher Investments Editorial Staff
Tuesday’s election surprise likely spells doom for health care reform.
Another Brick in the Wall
1/11/2010 By Fisher Investments Editorial Staff
December’s job losses may discourage, but they’re just another brick in the bull market’s wall of worry.
See You Next January
1/6/2010 By Fisher Investments Editorial Staff
So goes January, so goes the year—so long? Not so fast.
Bonds in Red
1/5/2010 By Fisher Investments Editorial Staff
Bonds can lose value too. 2009 was an example.
Onward
12/29/2009 By Fisher Investments Editorial Staff
What are the experts saying about 2010? And what should investors do about it?
Data Drawbacks
12/24/2009 By Fisher Investments Editorial Staff
Economic data—what’s in those numbers?
Cash Rich
12/17/2009 By Fisher Investments Editorial Staff
US companies have plenty of cash on hand ready to be deployed at a moment’s notice.
Yields Signs
12/15/2009 By Fisher Investments Editorial Staff
The US yield curve steepened to its biggest spread in decades last week—bullish for economic growth.
TARP Controversy
12/10/2009 By Fisher Investments Editorial Staff
TARP’s extension Wednesday was largely irrelevant—along with other emergency programs, it’s already prevented the worst-case scenario.
Skip the Double-Dip
12/8/2009 By Fisher Investments Editorial Staff
The future's never certain, but a double-dip recession seems unlikely.
Jobs Report, Sarbox, and Japan Post
12/7/2009 By Fisher Investments Editorial Staff
The world is full of rotating characters, and some acts have more power to move markets than others.
The Ol’ Pension Blues
12/2/2009 By Fisher Investments Editorial Staff
The ol’ pension blues are back—but they needn’t rob investors of holiday cheer.
Thanks Aplenty
11/26/2009 By Fisher Investments Editorial Staff
Folks generally aren’t as happy this holiday as usual, but there’s plenty to be thankful for.
Is the Price Right?
11/23/2009 By Fisher Investments Editorial Staff
Short-term US Treasury yields dipped into negative territory this week. Investors needn’t panic—it’s not December 2008 all over again.
Channeling Chips
11/20/2009 By Fisher Investments Editorial Staff
The semiconductor industry was rattled Thursday by analysts’ downgrade.
The Show Will Go On
11/18/2009 By Fisher Investments Editorial Staff
A single piece of news virtually never accounts for daily market movement.
Back to Business
11/16/2009 By Fisher Investments Editorial Staff
Investors need not believe in the US economy to believe in global stocks.
Downgraded
11/13/2009 By Fisher Investments Editorial Staff
Credit ratings agencies are on the ropes lately. But are they down and out for good?
Battle of the Buck
11/11/2009 By Fisher Investments Editorial Staff
Don’t fret a weakening dollar.
Paying for the Bailouts
11/10/2009 By Fisher Investments Editorial Staff
The financial crisis appears to be over, but thanks to onerous regulations and political scrutiny, Financials’ woes aren’t.
Unemployment’s Jab No Knockout
11/9/2009 By Fisher Investments Editorial Staff
US October unemployment rose, but shouldn’t hold back economic and stock market recovery.
Hungry for More
11/6/2009 By Fisher Investments Editorial Staff
Q3 US worker productivity increased the most since 2003—good news for corporate profits and stocks.
Ignoring the Itch
11/4/2009 By Fisher Investments Editorial Staff
Jittery markets make for itchy trigger fingers.
Bedtime Stories to Scare Investors
11/3/2009 By Fisher Investments Editorial Staff
CIT’s bankruptcy filing is a story reminiscent of last year’s financial horrors—one with less power to move markets.
Treats, Please
10/30/2009 By Fisher Investments Editorial Staff
The US economy returned to growth mode in Q3, with consumer spending leading the way.
Monetary Mantras
10/29/2009 By Fisher Investments Editorial Staff
Though some central banks are raising interest rates, stimulative global monetary policy remains en vogue.
Not Just Debt Weight
10/27/2009 By Fisher Investments Editorial Staff
Worried about today’s high government debt? History shows we’re still well within manageable levels.
Picture This
10/23/2009 By Fisher Investments Editorial Staff
Leading economic indicators are up for the sixth consecutive month. Investors who wait for the whole picture will likely be left behind as the bull market continues to rise.
Other Shoe Blues
10/22/2009 By Fisher Investments Editorial Staff
Bull market skeptics believe commercial real estate woes may be the much- awaited “other shoe” drop-kicking markets. We doubt it.
Taming of the Shrill
10/20/2009 By Fisher Investments Editorial Staff
Cries proclaiming imminent rampant inflation have little economic support.
D10K Doubters
10/16/2009 By Fisher Investments Editorial Staff
Amid some celebration, Dow doubters hailed 10,000 as the ceiling for stocks. The milestone means little, but the bother’s bullish.
Change Ain’t Easy in DC
10/15/2009 By Fisher Investments Editorial Staff
Some Democrats want to expand the current stimulus—but investors needn’t fear, it’s unlikely any sweeping new stimulus measures will get approved anytime soon.
Don’t Mess With Taxes
10/14/2009 By Fisher Investments Editorial Staff
Concerns about higher taxes abound, but stock investors likely needn’t fear the effects.
Even Steven
10/12/2009 By Fisher Investments Editorial Staff
Investors shouldn’t abandon their long-term investment strategies just because stocks are recovering.
The Dollar’s Doom Looms?
10/8/2009 By Fisher Investments Editorial Staff
Rumors are flying that a few countries want to stop pricing oil in US dollars, raising fears about the dollar as the world’s dominant currency.
Unemployment, Underemployment and Zombies
10/5/2009 By Fisher Investments Editorial Staff
Unemployment and underemployment may continue rising, but history tells us they won’t hold back stocks.
Spooked?
10/2/2009 By Fisher Investments Editorial Staff
Fears natural disasters or geopolitical unrest could trigger the next bear market are nothing new.
A Sign of Better Days to Come
10/1/2009 By Fisher Investments Editorial Staff
US Q2 GDP was revised higher—but fears about the economy and consumer spending continue to weigh on many folks’ minds.
Shaken, Not Stirred
9/28/2009 By Fisher Investments Editorial Staff
The stock market recovery has been steady so far, but don’t forget pullbacks are normal during a bull market.
Lofty Promises, Little Action
9/25/2009 By Fisher Investments Editorial Staff
World leaders descended on the US this week for a couple high-profile summits. Policy decisions, major or minor, are unlikely.
Stimulus U-Turn
9/24/2009 By Fisher Investments Editorial Staff
The DPJ, Japan’s new ruling party, announced its decision to postpone parts of the $165 billion economic stimulus package passed earlier this year—possibly hindering Japan’s economic recovery relative to the rest of the world.
Bare Bottom
9/22/2009 By Fisher Investments Editorial Staff
As the global economy recovers, bare-bones inventories need to rise to keep shelves from becoming equally bare.
Bye-Bye, Recession?
9/17/2009 By Fisher Investments Editorial Staff
Recent talk of the end of the global recession isn’t new news to investors.
Minor in the Key of Kerfuffle
9/16/2009 By Fisher Investments Editorial Staff
Scaled historically, today’s trade kerfuffles are minor—but we like that so many are paying attention.
Separation Anxiety
9/15/2009 By Fisher Investments Editorial Staff
Though Treasury and White House speak of “exit strategy,” financial regulation proposals could mean continued government involvement in the financial sector.
One Year Later
9/11/2009 By Fisher Investments Editorial Staff
One year after a fateful week on Wall Street ignited a panic, we evaluate where things stand today.
Of Mop-Tops and Monetary Union
9/9/2009 By Fisher Investments Editorial Staff
The United Nations recently proposed establishing a global central bank and currency to solve the world’s woes—but don’t expect action anytime soon.
Less Bad Is Good
9/7/2009 By Fisher Investments Editorial Staff
Economic data has been exceeding dour expectations, but skeptics are quick to note “less bad" data still isn’t good.
Location, Location, Location
8/31/2009 By Fisher Investments Editorial Staff
Signs of improvement in the housing market are welcome but not necessary for the stock market rally to continue.
Stay in September
8/28/2009 By Fisher Investments Editorial Staff
Despite investing myths to the contrary, September isn’t a cursed month for investors.
Buckle Up
8/21/2009 By Fisher Investments Editorial Staff
Investors needn’t fear China’s stock market correction.
Alphabet Soup Recovery
8/20/2009 By Fisher Investments Editorial Staff
Contrary to popular belief, the stock market and the economy don’t move in lockstep. Markets can recover in a V—even while the economy L’s, W’s, or Q’s for a bit.
Pulling Weeds
8/18/2009 By Fisher Investments Editorial Staff
Colonial BancGroup’s failure is typical of recessions’ tendency to weed out weaker firms.
The Report of the Consumer’s Death is an Exaggeration
8/17/2009 By Fisher Investments Editorial Staff
The cards might seem stacked against a rebound in consumption, but consumers are much more resilient than most think.
Out of the Gates
8/14/2009 By Fisher Investments Editorial Staff
France and Germany announced positive Q2 GDP numbers Thursday, adding to signs a global economic recovery is well underway.
Brainlessly Buoyant?
8/13/2009 By Fisher Investments Editorial Staff
Stocks’ fast pace has some fretting bubbles.
The Day the Twitter Died
8/10/2009 By Fisher Investments Editorial Staff
Bottom news stories are often the ones behind surging stocks.
Training Wheels
8/7/2009 By Fisher Investments Editorial Staff
Central banks worldwide are maintaining flexible monetary policies as the global financial system continues its recovery.
Don’t Call It a Comeback
8/3/2009 By Fisher Investments Editorial Staff
The US economy could be on the verge of renewed growth, but extremely cautious optimism pervades.
Musical Chairs
7/31/2009 By Fisher Investments Editorial Staff
Employment numbers are in the spotlight again, but don’t count on them to perfectly reflect the employment picture or tell you where markets are headed.
The Dog Days
7/30/2009 By Fisher Investments Editorial Staff
With Congress in recess and much of the financial industry on vacation, the news cycle should be mellow until after Labor Day.
Statutory Sunshine
7/29/2009 By Fisher Investments Editorial Staff
The financial regulation debate is raging again.
The Long Summer
7/27/2009 By Fisher Investments Editorial Staff
Major new legislative proposals have stalled in the Beltway—that just might be a good thing for stocks.
Take a Hike
7/23/2009 By Fisher Investments Editorial Staff
The federal minimum wage increases this Friday. Despite arguments to the contrary, it’s likely the economic impact will be negligible.
CIT’s Private Reprieve
7/21/2009 By Fisher Investments Editorial Staff
CIT may have secured a reprieve from bankruptcy court—for now—but the bigger news is its rescue is being backed by private financing rather than the government.
Back to Basics
7/20/2009 By Fisher Investments Editorial Staff
Earnings show banks’ traditional capabilities are intact.
The Year of the Ox
7/17/2009 By Fisher Investments Editorial Staff
China’s stimulus plans are coming to fruition faster than most developed nations, and the country will probably lead the global economic recovery.
The Tin State
7/16/2009 By Fisher Investments Editorial Staff
State budget woes have received significant media coverage, but they tell us little about future stock prices.
Oil! (Again)
7/10/2009 By Fisher Investments Editorial Staff
Commodities regulators are debating the role speculators play in prices—yet again.
CDO Remix
7/9/2009 By Fisher Investments Editorial Staff
Budding CDO activity is a sign an important source of lending isn’t permanently gone.
Numeric Follies
7/6/2009 By Fisher Investments Editorial Staff
Sometimes the government’s economic projections simply don’t add up.
Goldilocks and the Inflation Bugaboo
7/2/2009 By Fisher Investments Editorial Staff
Investors should differentiate budget deficits from inflation.
The Program That Wasn’t There
6/30/2009 By Fisher Investments Editorial Staff
Banks are less interested in the government’s help these days. That’s a good thing.
Trifling Transformers
6/26/2009 By Fisher Investments Editorial Staff
President Obama signed off on the “cash for clunkers” program Wednesday. Don’t hold your breath on this one folks.
Witching Hour
6/22/2009 By Fisher Investments Editorial Staff
A seemingly ghoulish event known as quadruple witching took place this week, but long-term investors shouldn’t fear its spells.
Voting and Weighing
6/19/2009 By Fisher Investments Editorial Staff
Short-term market volatility has never inhibited long-term value recognition or positive returns.
Regulator Rubik’s Cube
6/18/2009 By Fisher Investments Editorial Staff
Today’s announced financial regulatory proposals are moderate but highlight why investors should beware US Financials for now.
The Earliest Bird
6/17/2009 By Fisher Investments Editorial Staff
Economically sensitive sectors should lead the recovery—especially Materials, the earliest bird.
Yesterday’s Breaking News
6/15/2009 By Fisher Investments Editorial Staff
Fed reports showed US household wealth dropped in Q1, but this is hardly new news!
A Fire Sale Four
6/12/2009 By Fisher Investments Editorial Staff
Rising US Treasury yields—alarming or alluring?
Not a Bair Market
6/11/2009 By Fisher Investments Editorial Staff
Recent government feuding over Citigroup’s stock conversion highlights political risk within the slowly healing financial sector.
Baby, You Can Drive My Volvo
6/10/2009 By Fisher Investments Editorial Staff
America’s auto industry is as American as strudel, sushi, and bangers and mash.
One War at a Time
6/5/2009 By Fisher Investments Editorial Staff
Fed Chairman Ben Bernanke called for deficit reduction this week—what gives?
Banks and the Temple of Doom
6/4/2009 By Fisher Investments Editorial Staff
Big banks are eagerly trying to escape TARP, but it isn’t easy.
Don’t Bow to Dow
6/2/2009 By Fisher Investments Editorial Staff
It’s time investors stopped bowing to the Dow—it’s a poorly constructed index.
Out With a Thud
5/28/2009 By Fisher Investments Editorial Staff
Bankruptcy looks inevitable for GM.
Political Pavement
5/21/2009 By Fisher Investments Editorial Staff
Congress recently passed a slew of new credit card regulations—and already the “law of unintended consequences” is hard at work.
Don’t Sweat the Small Stuff
5/20/2009 By Fisher Investments Editorial Staff
You can sweat the small stuff—or look at the bigger picture.
Tarnished by Taxes
5/19/2009 By Fisher Investments Editorial Staff
Tough economic conditions and budget woes in some big states won’t derail economic recovery.
Separating Shoots From Stocks
5/18/2009 By Fisher Investments Editorial Staff
Sluggish economic recovery won’t prevent a V-shaped stock market bounce if worst-case fears subside.
Regulatory Redux
5/15/2009 By Fisher Investments Editorial Staff
Downturns bring increased federal scrutiny. But not all regulation is bad regulation.
Throwback to High-Waters
5/13/2009 By Fisher Investments Editorial Staff
With stocks down considerably from their high-water mark, it’s hard not to wonder how long it’ll take to get back there.
A Medium Rare Market
5/11/2009 By Fisher Investments Editorial Staff
The stock market has been rising in the face of negative economic news, as it’s supposed to.
Fashionably Flaky
5/8/2009 By Fisher Investments Editorial Staff
Adding to already massive global monetary stimulus, the European Central Bank and Bank of England announced more stimulus Thursday.
Don’t Stress the Tests
5/7/2009 By Fisher Investments Editorial Staff
Fears about bank stress tests are overblown, and markets have so far cheered the results.
The Incredible Shrinking Mortgage Problem
5/1/2009 By Fisher Investments Editorial Staff
Time is healing the US mortgage market.
It’s Just the Opposite
4/24/2009 By Fisher Investments Editorial Staff
In bad times, stocks are commonly shunned as permanently damaged goods—history shows no such thing.
Political Appeal
4/21/2009 By Fisher Investments Editorial Staff
When Democratic presidents learn to appeal to voters beyond their party base, history shows markets do very well in their inaugural years.
Walk the Line
4/17/2009 By Fisher Investments Editorial Staff
Regulators told investors Thursday they will detail bank stress-test methodology well before the results are released to the public.
The Government’s Learning Curve
4/16/2009 By Fisher Investments Editorial Staff
How the government handles stress tests for banks will indicate the administration’s ability to learn from past mistakes.
A Stimulative Spark
4/15/2009 By Fisher Investments Editorial Staff
Recent prices demonstrate neither alarming growth nor precipitous declines—making a case for today’s aggressive monetary policy.
An Unexpected Tenner
4/13/2009 By Fisher Investments Editorial Staff
Wells Fargo and other big banks will likely report stronger-than-expected first quarter earnings. But banks still face plenty of risks.
Uptick Rule, Plus Frills
4/9/2009 By Fisher Investments Editorial Staff
The SEC is considering limits on short selling, including reinstating the recently shelved uptick rule.
De-U.S.ification
4/6/2009 By Fisher Investments Editorial Staff
The relative size of the US in the global economy is shrinking.
Free of FASB’s Fust
4/3/2009 By Fisher Investments Editorial Staff
A move in the right direction, the Financial Accounting Standards Board voted to soften FAS 157 Thursday.
Fool’s Errand
4/2/2009 By Fisher Investments Editorial Staff
Focusing on today’s negative data to gauge economic progress is a fool’s errand.
Tick Tock, Autos
3/31/2009 By Fisher Investments Editorial Staff
Time is running out for General Motors and Chrysler, and filing for bankruptcy is looking likely.
Banking Man
3/30/2009 By Fisher Investments Editorial Staff
Bank executives visited the White House today to discuss the state of the economy and the financial system with President Obama.
Yogic Wisdom
3/27/2009 By Fisher Investments Editorial Staff
Treasury Secretary Geithner’s been on fire all week—but do his words doom stocks? Probably not.
Climate Control
3/26/2009 By Fisher Investments Editorial Staff
Ambitious cap-and-trade legislation won’t get through Congress easily. That’s good news for the economy.
Public-Private Teamwork
3/24/2009 By Fisher Investments Editorial Staff
Treasury finally released details of the Public-Private Investment Program, but proposed modifications to FAS 157 could be more important to investors.
TALF Talk
3/23/2009 By Fisher Investments Editorial Staff
The Fed’s new Term Asset-Backed Loan Facility (TALF) kicked off this week to somewhat tepid demand.
A Fed to Be Reckoned With
3/19/2009 By Fisher Investments Editorial Staff
The Fed proved it’s a force to be reckoned with, unveiling three additional strategies injecting up to an additional $1.15 trillion into capital markets.
Debt-jà Vu
3/18/2009 By Fisher Investments Editorial Staff
Concerns foreigners will cease to finance the US’s growing debt are nothing new.
The Inscrutable Federal Mind
3/17/2009 By Fisher Investments Editorial Staff
Markets continue to discount uncertainty, not risk, as the rules of the game remain inscrutable as ever.
Fool’s Gold?
3/16/2009 By Fisher Investments Editorial Staff
Economic and banking news largely beat dour expectations last week—and stock markets rose in response. But it’s too soon to say if a new bull has arrived.
Savvy Cities
3/13/2009 By Fisher Investments Editorial Staff
Free markets increase efficiency—even in hulking government bureaucracies.
Digesting Clouds
3/12/2009 By Fisher Investments Editorial Staff
Markets have a lot to digest, but few things are concrete yet.
Washington Waffles
3/4/2009 By Fisher Investments Editorial Staff
Washington’s waffling is only prolonging the pain.
More Aid for AIG
3/3/2009 By Fisher Investments Editorial Staff
Battered AIG received more aid, but there’s no definitive end in sight to their problems.
A One-Two Punch
3/2/2009 By Fisher Investments Editorial Staff
Stock prices dropped today on dour news from the banking and economic fronts.
Our Beltway Buddies
2/27/2009 By Fisher Investments Editorial Staff
The White House submitted a blockbuster budget blueprint Thursday.
Parental Advisory
2/25/2009 By Fisher Investments Editorial Staff
More inconsistent federal messaging roiled markets Monday and Tuesday.
Cheering Inflation
2/23/2009 By Fisher Investments Editorial Staff
Today’s CPI data indicates the economy isn’t slipping into deflation as many fear.
Bad News Banks
2/20/2009 By Fisher Investments Editorial Staff
Political rhetoric continues to focus on banks—this time touching on the idea of nationalization.
A Calculator, and Bananas
2/19/2009 By Fisher Investments Editorial Staff
The 3.5 million jobs promised by the stimulus package is based on fuzzy math, but it doesn’t matter much for investors.
Pent Up on Pins and Needles
2/18/2009 By Fisher Investments Editorial Staff
A pent-up deluge of dreadful news was unleashed Tuesday sending markets sharply lower.
It Was No Grilled Cheese
2/13/2009 By Fisher Investments Editorial Staff
Members of Congress grilled top bank executives Wednesday on why their institutions haven’t been lending.
Seeing Past the Trees
2/12/2009 By Fisher Investments Editorial Staff
Treasury Secretary Geithner’s financial rescue strategy may lack details, but one thing’s for certain—it’s massive.
Strong Currents Stirring
2/11/2009 By Fisher Investments Editorial Staff
Erratic equities declined Tuesday, yet credit markets continue to thaw.
A Silver Lining
2/9/2009 By Fisher Investments Editorial Staff
The economy lost more jobs in January—an unfortunate statistic for jobseekers, but not necessarily investors.
On Borrowed Dime
2/5/2009 By Fisher Investments Editorial Staff
The government can go a long way on borrowed dime.
Skip the Scratch
2/4/2009 By Fisher Investments Editorial Staff
Amid today’s negative economic news, we note already low inventories could signify a particularly sharp but abbreviated downturn.
Orange-Hued Sticks?
2/3/2009 By Fisher Investments Editorial Staff
Government capital infusions to help banks lend appear to be sticks disguised as carrots.
Building the Wall of Worry
2/2/2009 By Fisher Investments Editorial Staff
GDP dropped 3.8% for Q4 2008—a dismal end to the year. Economic news will likely get worse in 2009, but expect the market to improve before the economy.
A CDS Witch Hunt
1/30/2009 By Fisher Investments Editorial Staff
The Credit Default Swap market has been maligned as a source of financial instability, but inhibiting this important market would do more harm than good.
So Bad, It’s Good?
1/29/2009 By Fisher Investments Editorial Staff
Plans for a government-run “bad bank” stoked financial shares today, but the targeted assets aren’t nearly as bad as people think.
Proceeding Aggressively With Caution
1/27/2009 By Fisher Investments Editorial Staff
Fed policy makers will likely exhibit both force and caution in their scheduled meetings this week.
Housing Wobble
1/26/2009 By Fisher Investments Editorial Staff
The heavy emphasis on the latest housing data belies its light GDP weight.
Meet Mr. Geithner?
1/23/2009 By Fisher Investments Editorial Staff
Treasury secretary nominee Timothy Geithner won the Senate Finance Committee’s approval Thursday—but we still know relatively little about him.
Strings Attached
1/22/2009 By Fisher Investments Editorial Staff
TARP’s strings are tightening around the banking sector.
German Debt Drama
1/12/2009 By Fisher Investments Editorial Staff
Though little noticed in the US, a failed German bond auction has some worried abroad.
Reverse Logic
1/9/2009 By Fisher Investments Editorial Staff
More weak unemployment data made the news today—but don’t bet it depresses stocks long term.
Sunk by Saving?
1/7/2009 By Fisher Investments Editorial Staff
Consumer health has been at the tip of everyone’s tongue—now some worry more saving will make things even worse.
Layer Cake Regulation
1/6/2009 By Fisher Investments Editorial Staff
The SEC’s long-awaited report on FAS 157 only complicates things.
Globalization’s Sequel Is Safe
12/24/2008 By Fisher Investments Editorial Staff
Central banks worldwide have acted quickly, aggressively, and more or less together all year.
Toxic Mortgages: Act II?
12/23/2008 By Fisher Investments Editorial Staff
Looming rate resets on various adjustable rate mortgages are causing some to fear another subprime-like fallout.
The Ghost of Bailouts to Come
12/22/2008 By Fisher Investments Editorial Staff
The US government is spreading holiday cheer from Detroit to Main Street.
America’s Lost Decade?
12/19/2008 By Fisher Investments Editorial Staff
The Fed’s recent rate cut and announced policy of quantitative easing is causing some to compare the US now to Japan in the 1990s—we’re not so sure.
Still Fighting the Good Fight
12/17/2008 By Fisher Investments Editorial Staff
US markets were up today as the Fed announced it would again cut rates and continue aggressively deploying its many other policy tools.
To Err Is…
12/16/2008 By Fisher Investments Editorial Staff
The Madoff scandal is an unfortunate demonstration of Wall Street hucksterism, but red flags were aplenty.
Fresh Air’s Fleeting
12/15/2008 By Fisher Investments Editorial Staff
Thursday night and Friday morning witnessed some surprisingly sane action from the Beltway—and predictably, the opposite too.
Simplify, Simplify
12/12/2008 By Fisher Investments Editorial Staff
The muddled US financial regulatory system exacerbated this fall’s crisis—maybe it’s time to simplify its structure.
Seasonal Shoppers
12/11/2008 By Fisher Investments Editorial Staff
Consumer spending will be subdued this holiday season, but there is some good news amid the coal lumps.
A Gradual Cure
12/8/2008 By Fisher Investments Editorial Staff
US financial and economic health recovery will take place in steps, not in a single climactic moment.
Deep Into the Playbook
12/5/2008 By Fisher Investments Editorial Staff
In yet another attempt to address housing market concerns, the feds announced a plan hoping to aid new homebuyers and support housing prices.
The Usual Suspects
12/4/2008 By Fisher Investments Editorial Staff
President-elect Obama’s economic Cabinet picks are experienced economic and political veterans—the usual suspects.
The Egghead Economy
12/3/2008 By Fisher Investments Editorial Staff
On Monday, the National Bureau of Economic Research (NBER) officially labeled this past year a recession.
Help Wanted
12/1/2008 By Fisher Investments Editorial Staff
Banks are learning the hard way TARP is no overnight solution.
Our Erratic Queen
11/28/2008 By Fisher Investments Editorial Staff
Rapidly falling prices have many worried about deflation.
Take Two
11/26/2008 By Fisher Investments Editorial Staff
The Fed’s willing to innovate and innovate again to succeed.
Citi Won’t Sink Yet
11/25/2008 By Fisher Investments Editorial Staff
As expected, the federal government stepped in over the weekend with an aid package for ailing mega-bank, Citigroup.
Fear Strikes Financials, Again
11/24/2008 By Fisher Investments Editorial Staff
Fear strikes Financials—again!
Little Meaning in the Muck
11/21/2008 By Fisher Investments Editorial Staff
Today’s volatility is sometimes hard to fathom—but some of it is surely due to existing non-fundamental pressures.
Presto Change-O
11/20/2008 By Fisher Investments Editorial Staff
Some insurance companies are turning themselves into savings-and-loan holding companies to qualify for government funding.
Invest for the Future, Not the Present
11/17/2008 By Fisher Investments Editorial Staff
During economic downturns, many wait for signs of recovery before investing. But investment decisions based on today’s news only puts investors behind.
Plan B
11/14/2008 By Fisher Investments Editorial Staff
The government has switched to “Plan B” on various rescue programs.
And Justice For All…
11/13/2008 By Fisher Investments Editorial Staff
Some have argued the government’s financial crisis cure-all has been one-sided—but a new plan seems to indicate that will soon be remedied.
A Motor City Mess
11/11/2008 By Fisher Investments Editorial Staff
Can a government save an industry? Detroit’s Big Three are hoping so.
Down to One
11/5/2008 By Fisher Investments Editorial Staff
The US elected a new president Tuesday night, removing one key uncertainty.
The Ultimate Leading Economic Indicator
11/4/2008 By Fisher Investments Editorial Staff
The stock market is a leading economic indicator, not the other way around.
Months Like Years
11/3/2008 By Fisher Investments Editorial Staff
The last day of October finished higher—but the month was tough for stock investors.
Nothing’s Shocking
10/31/2008 By Fisher Investments Editorial Staff
Thursday brought further global liquidity support and weak (though expected) preliminary third quarter GDP data.
Tooling Around
10/30/2008 By Fisher Investments Editorial Staff
Cutting the federal funds rate is just one monetary policy tool of many.
Signs of Life
10/29/2008 By Fisher Investments Editorial Staff
Taken together, recent government and private sector actions are easing financial uncertainty.
Banking on the Government
10/28/2008 By Fisher Investments Editorial Staff
What will banks participating in the Treasury’s recapitalization program do with the extra funds?
There Are Positive Earnings
10/23/2008 By Fisher Investments Editorial Staff
Despite the gloomy headlines, there are plenty of companies reporting positive earnings.
More Fed First Aid
10/22/2008 By Fisher Investments Editorial Staff
Recently, the Fed announced more help for ailing money market mutual funds.
Easing Goes It
10/17/2008 By Fisher Investments Editorial Staff
Tight credit conditions have eased lately—a little-noticed fact.
Follow the Leader
10/15/2008 By Fisher Investments Editorial Staff
After Monday’s round of announced European government capital injections, the US countered with a plan of its own Tuesday.
The Paper’s Piling Up
10/10/2008 By Fisher Investments Editorial Staff
In addition to an interest rate cut, the Federal Reserve this week opened a new lending facility aimed at jumpstarting the commercial paper market.
The Benefit of Bad Memories
10/8/2008 By Fisher Investments Editorial Staff
Though today’s financial panic may seem Great Depression-like, the real economic consequences don’t have to be.
Build a Man a Fire…
10/6/2008 By Fisher Investments Editorial Staff
The Treasury’s $700 billion financial rescue plan won’t solve anything quickly—at least not in the way most folks think it will.
From Liquid to Antiques Roadshow
10/2/2008 By Fisher Investments Editorial Staff
We examine the controversial topic of mark-to-market accounting—for those who forgot the details (or never knew to begin with)!
Monday’s Markets
9/30/2008 By Fisher Investments Editorial Staff
After one of the largest down days in years, some new information came to light while other issues remained unresolved.
Politicizing the Rescue Plan
9/29/2008 By Fisher Investments Editorial Staff
In the hands of politicians, the financial rescue plan has become…politicized!
Merely Bailout Opines, Not Call to Action
9/26/2008 By Fisher Investments Editorial Staff
Many smart folks are weighing in on the government’s bailout plan. Instead of hasty action, use this time to become as informed as you can.
Dollars for Assets
9/25/2008 By Fisher Investments Editorial Staff
As Congress debates the Treasury and Fed’s financial system bailout, many are concerned over its “price tag.”
Certainly Uncertain
9/23/2008 By Fisher Investments Editorial Staff
The weekend and Monday delivered more news of material importance to financial markets.
Wall Street’s Wild Spirits
9/22/2008 By Fisher Investments Editorial Staff
After a wild week on the Street, markets ended just about where they started.
A Shot in the Dark
9/19/2008 By Fisher Investments Editorial Staff
Curtailing short selling is at best a regulatory shot in the dark.
Concerning AIG
9/18/2008 By Fisher Investments Editorial Staff
The government rescue of insurance giant AIG is concerning but has its bright spots.
Weekend at Lehman’s
9/15/2008 By Fisher Investments Editorial Staff
On one of the worst single days in stock market history, capital markets revealed as much about their strength as their weakness.
Today, Resolve Trumps Timing
9/12/2008 By Fisher Investments Editorial Staff
The last ten months have tested investors, but history and fundamentals say a bottom is likely near. When stocks hit bottom they’ll bounce high.
New Rules for M&A
9/11/2008 By Fisher Investments Editorial Staff
New M&A accounting and reporting standards mark a positive step toward creating seamless global markets, but pose problems for today’s would-be sellers and buyers of companies.
Fate Accompli
9/9/2008 By Fisher Investments Editorial Staff
For months, the fates of Fannie and Freddie seemed uncertain. Now, the federal takeover is a fait accompli.
Looking Forward to the Back End
9/5/2008 By Fisher Investments Editorial Staff
Major indexes have declined 20% or more from their highs, indicating a bear market. With the US presidential election at hand, investors face a critical juncture.
It Could Happen to You
9/4/2008 By Fisher Investments Editorial Staff
“Could” and “might” aren’t news. Investors should be wary of opinions masquerading as journalism.
Survey Says
8/26/2008 By Fisher Investments Editorial Staff
Sentiment-based surveys almost never capture the complete picture.
Everything in Its Right Place
8/25/2008 By Fisher Investments Editorial Staff
Many assign undue weight to the successes or failures of international organizations. But sovereign nations will do as they please, and failure to reach wide consensus doesn’t mean globalization’s end.
Too Big to Fail
8/19/2008 By Fisher Investments Editorial Staff
Will the Fed’s expansion of powers prove to be a terrible precedent or a pertinent innovation?
Don’t Demonize the Deficit
8/18/2008 By Fisher Investments Editorial Staff
Earlier this week we noticed the re-emergence of a classic investing myth. Folks hailed the trade deficit shrinking on growing exports as good news.
The Dollar and You
8/15/2008 By Fisher Investments Editorial Staff
There’s lots of hubbub surrounding the US dollar’s recent rally against other major currencies. What should investors know when it comes to currency movement?
California Dreamin’
8/12/2008 By Fisher Investments Editorial Staff
Is California’s once-golden economy now tarnished by years of anti-competitive regulation and taxes?
Cost Consumed
8/5/2008 By Fisher Investments Editorial Staff
Higher production costs aren't necessarily directly passed on to the consumer.
Recessionism
8/1/2008 By MarketMinder editorial staff
As second quarter 2008 GDP came in stronger than expected, headlines still find reason to be gloomy.
Long Train Runnin’
7/31/2008 By MarketMinder editorial staff
Investors looking for anecdotal evidence miss some hard data, like transports, which remain strong--unlikely to happen during recession.
Get Your Kicks on Route 66
7/30/2008 By MarketMinder editorial staff
Some folks fret lower oil and gas prices are a bad sign for Energy and the economy, but fundamentals still look nice.
Earnings Expectations
7/29/2008 By MarketMinder editorial staff
Earnings season is proving to be a bumpy ride, but good news exists.
Time to Go to the Bull Pen?
7/28/2008 By MarketMinder editorial staff
Sector weightings are one of the key drivers of portfolio performance. Knowing when to make adjustments is vital to performance over time.
Your Mother Was a Hamster
7/21/2008 By MarketMinder editorial staff
With all the talk of economic woe and calls for accountability, a harsh regulatory response could become a risk.
Pessimistic Prognosticators Aplenty
7/18/2008 By MarketMinder editorial staff
Those in the financial industry are overwhelmingly bearish. Is there legitimate reason for their pessimism, or do the current troubles within their industry skew their views?
CPI : Rotten to the Core
7/17/2008 By MarketMinder editorial staff
While CPI has ticked up of late, rekindling inflation fears, global long-term interest rates, a better indication for the market’s expectation of inflation, remain benign.
About Fannie and Freddie…
7/14/2008 By MarketMinder editorial staff
Markets were volatile again on Friday as fears over the health of Fannie Mae and Freddie Mac resurfaced.
Care to Dance?
7/10/2008 By MarketMinder editorial staff
Initial public offerings (IPOs) have dried up lately. Many view this as a bearish sign. But a dearth of IPOs means less stock supply—bullish for prices.
The Paradox of Pursuit
7/3/2008 By MarketMinder editorial staff
For this year’s celebration of independence, it’s time to ask why we feel so bad while the world keeps getting better.
Oxymoronic Growth
7/1/2008 By Fisher Investments Editorial Staff
That so many want to classify the economy today as being in recession is probably more a function of dour sentiment than economic reality.
A Classic French Fold
6/30/2008 By MarketMinder editorial staff
Many touting economic stimulus checks as the economy’s saving grace are talking out of both sides of their mouths.
Don’t Fear the Fed
6/26/2008 By MarketMinder editorial staff
The Federal Reserve left rates unchanged yesterday, but hinted at a potential shift in policy in the months ahead. Regardless, incremental rate changes don’t matter much to long-term investors.
Hanging Tough…Over and Out!
6/24/2008 By MarketMinder editorial staff
Many worry today’s market volatility is because the world’s more perilous than ever. Truth is, there’s never a dull moment. Hang tough!
What Wealth Effect?
6/6/2008 By MarketMinder editorial staff
Folks fearing the weak housing market will dampen consumer spending shouldn’t worry—consumer spending tracks disposable income, not home equity.
Bellwether Blues
4/10/2008 By MarketMinder editorial staff
Folks tend to base broad economic views on local circumstances and solitary storylines. This earnings season, be wary of assigning too much weight to the performance of a small set of traditional economic bellwethers—there’s a wider world out there.
The Good, the Bad, and the Not So Bad
4/3/2008 By MarketMinder editorial staff
Ben Bernanke’s congressional testimony on Wednesday seemingly supports calls for recession in 2008. Scaling the problems reveals slower growth, but a recession remains unlikely.
New Rules for the Street?
4/1/2008 By MarketMinder editorial staff
Treasury Secretary Henry Paulson announced an “overhaul” plan for U.S. financial markets. But the plan, if it survives, will likely look very different.
Trial by Fire
3/14/2008 By MarketMinder editorial staff
Treasury Secretary Paulson’s new policy recommendations intended to strengthen financial markets could prove to be more bane than boon.
Pawning Stocks
3/12/2008 By MarketMinder editorial staff
Stocks have been sold in the short-term to pay off debt. Said otherwise—certain financial institutions have been de-leveraging. It’s kind of like pawning your guitar to pay the rent.
Going Once, Going Twice
3/10/2008 By MarketMinder editorial staff
The Fed’s latest fix has markets in a huff. But just what is a Term Auction Facility anyway?
The Trouble with Carlyle
3/7/2008 By MarketMinder editorial staff
Investors fear Carlyle Capital’s troubles signal larger problems surrounding agency mortgage securities, but Carlyle’s woes aren’t systemic.
Not in Our House!
2/27/2008 By MarketMinder editorial staff
Reported January foreclosure rates are up 57% from last year—a closer look at the data shows the accompanying fears are overblown.
Open for Business
2/25/2008 By MarketMinder editorial staff
Behind the turmoil, markets continue to function normally.
Municipal Bondage
2/15/2008 By MarketMinder editorial staff
Recent failed muni bond auctions have sparked new fears Wall Street’s in credit bondage. But a closer look reveals just another overhyped worry of the liquidity crisis.
Pass the Banjo
2/13/2008 By MarketMinder editorial staff
The US consumer isn’t dead yet! January sales growth beat expectations and is tempering fears of an impending recession.
Emotional Rescue
2/12/2008 By MarketMinder editorial staff
Is the Sage of Omaha really trying to bail out bond insurers, or merely conducting business as usual?
Credit Zombies
2/8/2008 By MarketMinder editorial staff
Do higher credit card delinquency rates mean American consumers are finally dead? No—in fact, delinquency rates are still below average. But even higher rates haven’t spelled doomed historically
Can We Get Some Service Here?
2/5/2008 By MarketMinder editorial staff
Market reaction to today’s ISM service industry report is overwrought and near hysterical—not an uncommon reaction to economic news of late.
More Mergers!
2/1/2008 By MarketMinder editorial staff
Acquisition and share buyback activity march onward amid the tumult—an indication economic and market fundamentals are much stronger than today’s pervasively dour outlook.
Just Four Things
1/31/2008 By MarketMinder editorial staff
Ignore short-term market swings and investor fears and focus on what the market’s likeliest to do going forward—only one of four possible scenarios.
Still Growing
1/30/2008 By MarketMinder editorial staff
While some are swooning over the “worst economy in five years,” a sober analysis of preliminary US GDP figures released today shows an economy still on strong footing.
Housing Humdrum
1/29/2008 By MarketMinder editorial staff
Though bad news from the residential housing sector continues making headlines, it won’t have the long-term economic or market impact investors fear.
Empty Calories
1/24/2008 By MarketMinder editorial staff
Today’s announced “stimulus” package from the beltway is little more than empty calories for the economy.
Debt Disbelief
1/23/2008 By MarketMinder editorial staff
A US bank liquidity crisis never materialized in 2007…and we’ve got the data to prove it!
Fear and the Fed
1/22/2008 By MarketMinder editorial staff
Market action today isn’t warning you to sell—rather, now is the time to remain disciplined and ride out market turbulence.
The Circle of Life
1/18/2008 By MarketMinder editorial staff
Bond insurers are struggling to keep their heads above water as ratings agencies evaluate credit ratings. But new companies are entering the market and increased competition promises an improved industry over the coming years.
Inflation - It's Prices, not Price
1/17/2008 By MarketMinder editorial staff
Investors are worried about plenty today, but inflation shouldn’t be on their short list.
America for Sale
1/16/2008 By MarketMinder editorial staff
Fears surrounding foreign governments’ investments in US firms is unwarranted. Capital is capital—the freer it flows the better.
Nothing New
1/15/2008 By MarketMinder editorial staff
Stocks took a walloping today on widely expected news tied to Financials’ health and mortgage-related asset write-downs.
The Fed’s Show and Tell
1/14/2008 By MarketMinder editorial staff
The Fed plans on communicating more regularly with the American public, which is nice, but we believe won’t ease volatility or make forecasting markets any less difficult.
Lenders on the Block
1/11/2008 By MarketMinder editorial staff
As two troubled Financials firms prepare to go on the auction block, note they are getting bought out by other Financials firms. The sector isn’t as imperiled as it may appear.
Market Noir
1/10/2008 By MarketMinder editorial staff
It’s no wonder market volatility is high lately. Today’s headlines reveal a lot of market misperceptions. More than ever, folks seem to be choosing an overly dour view in place of reality.
Junk Bonds and Green Skies
1/9/2008 By MarketMinder editorial staff
Predictions about rising bond default rates seem too dour and highly unlikely.
Employment Drizzle
1/4/2008 By MarketMinder editorial staff
In light of today’s dour employment news, we’re rerunning a past story detailing the imperfect nature of employment data.
What Dollar Story?
12/26/2007 By MarketMinder editorial staff
2007 was a year of hand-wringing about the dollar’s demise. With just a few days left in the year, it turns out the dollar wasn’t so weak after all.
Recession Confusion
12/24/2007 By MarketMinder editorial staff
Headlines, polls, feelings—none of these are good indicators of a coming recession. Instead, you must look at the hard data to know if we’re in recession.
The Willie Loman Effect
12/13/2007 By MarketMinder editorial staff
The newest rationale to be bearish is possibly the silliest yet: A vicious cycle-induced recession.
Feel the Flow
12/11/2007 By MarketMinder editorial staff
Investors dread decreasing home prices will translate to lower net worth and slower consumer spending. But the Federal Reserve’s latest report on the US household reveals the largely unappreciated strength and vigor of the American consumer.
MarketMinder’s Letter to Santa
12/10/2007 By MarketMinder editorial staff
As 2007 draws to a close, we consider just a few of the market conditions that could help fuel a continued global equity bull market.
Resilience
12/7/2007 By MarketMinder editorial staff
Pearl Harbor reminds us of the resiliency, strength, and versatility of the United States and its citizens. By comparison, today’s perceived economic problems are mere trifles.
Recession Quiz
12/6/2007 By MarketMinder editorial staff
Folks seem to believe the US is headed for a recession. We’d bet most of those folks would fail our quiz.
A Million a Minute
12/4/2007 By MarketMinder editorial staff
Investors commonly fear the US government is over-indebted, particularly to foreigners, and this poses an economic threat. However, our government is largely indebted to Americans, and currently, our debt load isn’t worrisome.
Six Degrees of Tax Policy
11/19/2007 By MarketMinder editorial staff
Contrary to popular opinion, a Democrat President and Congress doesn’t guarantee a tax hike. Rather, it’s conceivable the Democrats maintain the tax cuts for political leverage.
The Secret Testimony of Big Ben
11/8/2007 By MarketMinder editorial staff
Bernanke’s testimony to Congress today depicted a resilient economy with plenty of capital markets-based mechanisms to ballast the soft housing market. Too bad many chose to hear a different message.
Earnings Breather Not a Bear Harbinger
10/24/2007 By MarketMinder editorial staff
Reported US corporate earnings are weak so far in the third quarter, but a close look at the numbers and proper perspective reveals this doesn’t signal a new bear market.
Mind the Gap
9/28/2007 By MarketMinder editorial staff
Politicians have it backwards. Debt is not a societal negative. It’s a vital economic driver, and having access to credit makes society wealthier overall.
Vector Investing
9/27/2007 By MarketMinder editorial staff
Large and diverse economies (such as the US) require huge dislocations to impede economic growth—most concerns like subprime and new housing supply simply aren’t big enough to matter.
Ben to the Fake Rescue!
9/19/2007 By MarketMinder editorial staff
Yesterday’s Fed action won’t have much impact, which is good news, since our healthy economy requires no rescuing.
Belaboring Labor
9/7/2007 By MarketMinder editorial staff
Today’s jobs report was indeed negative, but when the hype is cleared away it doesn’t amount to much.
Our Callous Economy
9/6/2007 By MarketMinder editorial staff
News about increasing foreclosures may not be as bad as you think because weakness in the housing sector isn’t enough to materially hamper America’s economy.
Partners in Debt
8/29/2007 By MarketMinder editorial staff
Think the US or UK has too much debt? Think again.
Best Credit Crunch Ever!
8/23/2007 By MarketMinder editorial staff
Catcalls for a world economy in crisis on fears of the supposed credit crunch are getting sillier by the day as hard evidence of stability and strength piles on.
Corrective Measures
8/3/2007 By MarketMinder editorial staff
Our daddies told us there'd be days like this. The S&P 500 took a whooping today, capping what's been a tumultuous couple weeks in the market. But don't let a few days' frightening downside volatility scare you away from stocks just yet.
In the Meantime
7/31/2007 By MarketMinder editorial staff
As the stock markets work through jitters about a credit crunch and subprime, recent aggregate economic news has been very encouraging.
Good Data, Bad Information
6/1/2007 By MarketMinder editorial staff
Corporate profits are beating expectations.
Productive Ignorance
5/3/2007 By MarketMinder editorial staff
U.
Dying of Old Age
3/29/2007 By MarketMinder editorial staff
Economies aren’t like people.
OMG! Big Telecom Returns
3/15/2007 By MarketMinder editorial staff
Editor’s Note: Today’s commentary is written in half English, half Texting language.
No Canary in the Coal Mine
3/13/2007 By MarketMinder editorial staff
Markets were pounded today in what could be the beginning of the second down leg of the correction.
Death and Taxes…and Economic Growth
3/9/2007 By MarketMinder editorial staff
Ben Franklin said: "Certainty? In this world nothing is certain but death and taxes.
Idle Thoughts
3/8/2007 By MarketMinder editorial staff
Our minds are wandering.
Whoop Whoop Whoop
3/7/2007 By MarketMinder editorial staff
The incompetence of government-run systems cannot be overstated, and we cannot belabor that point enough.
If CEOs Don't, Investors Will Do It For Them
2/23/2007 By MarketMinder editorial staff
Stocks are cheap and they need to get more expensive.
Don't Go Blind from the Subprime
2/20/2007 By MarketMinder editorial staff
If you picked up a newspaper in the past few weeks, you probably saw at least one article detailing the downward spiral of the subprime mortgage market.
Still In Flight
1/31/2007 By MarketMinder editorial staff
Back in November, we provided a list of worries keeping overall sentiment cautious about the economy (see our past commentary "Skyscraper of Worry" for the full list).
Ben's Doomsday Prediction
1/18/2007 By MarketMinder editorial staff
Dominating headlines today is our bearded buddy Bernanke’s Congressional testimony about the dangers of a retiring baby boomer generation.
Casual Correlations
1/16/2007 By MarketMinder editorial staff
We’ve done a very bad thing.
Inflating Wages
11/18/2006 By MarketMinder editorial staff
One of our favorite pastimes is delivering bad news to the bears in times we believe it’s a bull market (like now).
Too Busy Working
11/10/2006 By MarketMinder editorial staff
United States unemployment stands today at a 5-year low of 4.
The Savings Rate Myth
11/2/2006 By MarketMinder editorial staff
We’re a bit tired of hearing of the over-extended consumer.
Stocks Don't Look Back to the Future
10/27/2006 By MarketMinder editorial staff
It’s official: US GDP growth slowed in the third quarter.
Guess What? The US is Bigger than Ever.
10/5/2006 By MarketMinder editorial staff
Hopefully you said "That’s Great!" after reading the above.
I'm OK, You're OK (and We're Both US Consumers)
9/29/2006 By MarketMinder editorial staff
Psychologist Thomas Harris wrote a book called I’m OK, You’re OK in 1976 explaining his theory on how we perceive ourselves and others.