The S & P 500 reversed course erasing a drop of more than 1% on speculation that Greece’s crisis would be contained.  At one time, this marquee index violated the pivotal 200 day moving average, a level that has only been broached once since 2012....

08 July, 2015

The headlines are ugly.  The Greek economy teeters on the brink of collapse with a possible exit from the EU/Euro.  Puerto Rico may delay some debt payments.  China’s stock market has suffered the greatest drop since at least 1992, imploding over 25% in about three...

07 July, 2015

Equites came under moderate pressure Friday amid concern Greece will run out time for reaching a deal to stave off default.  European officials are preparing for the worst as Greece’s prime minister’s brinkmanship is pushing its country’s finances to the limit....

15 June, 2015

Last week has come and gone. Greece surprised all requesting a delay for Friday’s payment and instead desiring to pay all amounts required this month in one lump payment on June 30.  As widely expected OPEC did not cut production and there was little public...

08 June, 2015

Yields on the US Treasury spiked to seven month highs early yesterday, the result of the absolute drubbing of European debt.  Treasuries rallied later in the day to post modest gains following IMF comments that the US should not increase rates until 2016....

05 June, 2015