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Technology companies comprise a record 23% of the S & P 500. However, a strong argument can be made that tech comprises over 50% of this marquee average if the descriptive nomenclature is ...

13 May, 2020

Approximately 17 million jobs have been lost via the government mandated shutdown of the economy and society. There is a distinct probability by Thursday more jobs would be lost in the last four weeks than created since 2001. 

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13 April, 2020

We are living in historical times.  The S & P 500 has moved a record 4% or more in eight consecutive sessions.  The previous record of six days was set in 1929.  Moreover, yesterday the markets stopped trading twice because of declines.

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19 March, 2020

At the time of this writing, S & P 500 futures hit limit down for the second time in a week. Last night’s mega sized neutron Federal Reserve bombing of the markets had little impact. All are attempting to digest the ceaseless ...

16 March, 2020

According to Bloomberg, for the first time since the 30-year Treasury came into existence in the 1970s, 30-year Treasury yields are now below the dividend yield for the S & P 500. For the 10-year, yields are one percentage point below the ...

06 March, 2020

Bloomberg writes the almost impossible has occurred. The weighting of the energy sector in the S & P 500 fell below that of the utilities sector for the first time in history. Bloomberg further writes the PE of the utilities at almost...

27 February, 2020

The S & P has experienced its biggest four-day slump since December 2018. The 10- and 30-year Treasury yields have plunged to the lowest levels on record. As widely discussed, the coronavirus is blamed for the current rout. ...

26 February, 2020

I think there is little disagreement that three of the four mega capitalized technology companies that posted profits last week exceeded expectation. One pundit sounded like Ross Perot when he exclaimed “there is a giant sucking sound” ...

03 February, 2020

Reading yesterday’s headlines one can make a conclusion that an end of an era could be at hand. One major headline read “We Missed the Exit: Banks step up Call to End Negative Interest Rates.” A group of money center European banks are asking the...

24 January, 2020