Mark Levy’s Economic Update – Friday, September 05, 2014 The big global news this week is the decision yesterday by Europe’s Central Bank (ECB) to lower its main lending interest rate by 0.10 percentage point to 0.05%. It also cut a separate rate on bank deposits deeper into negative territory, to – 0.2% from -0.1%. […]
Mark Levy’s Economic Update – Thursday, August 07, 2014 The Dow 30 Industrial Average is down 75 points this afternoon and closed at 16,368. That is 745 points below the closing high of 17,113 posted July 22nd. This drop represents a decline of approximately 4.35 % from the high and if you have been reading […]
I apologize about the tardiness of this quarterly report. I have been amazed at the lacking rationality I have been seeing in the news, markets and media. Up until today, August 5, 2014 I have not been able to grasp any words that would have much relevant meaning to my clients. I have been struggling […]
Mark Levy’s Economic Update – Wednesday, July 9, 2014 This week marks the beginning of the 2014 2nd quarter earnings releases with Alcoa Aluminum being the first. The news was good – Alcoa maintained its forecasts for global aluminum (7% growth in 2014) and left all of its end market forecasts unchanged except for one […]
“The World Cup and Equity Markets” There is no doubt that the World Cup captures huge attention and generates a massive amount of passion – but does it affect stock markets? Apparently so. According to Goldman Sachs, there is a clear pattern of outperformance by the (country) winning team in the weeks after the World […]
Weekly Economic Commentary, Disconnect
LPL Financial Research’s Mid-Year Outlook 2014
Weekly Economic Commentary – Disappointing GDP, but No Early Warnings of Recession on Horizon
Weekly Market Commentary – Investor’s Almanac Field Notes
“Fish see the bait, but not the hook; men see the profit, but not the peril.” (Chinese Proverb) The key to successful investing is not seeing the future with some kind of mythical vision — it is seeing the present with clarity. I think this is as true today as ever, in a world recovering […]
Mark Levy’s Economic Update – Tuesday, June 03, 2014 Considering that summer will be imminently upon us and the prospect of driving trips many of us may be embarking on, gas pump prices seemed an appropriate subject to begin this letter with. According to the U.S. Department of Energy, the average national gas price is […]
Weekly Economic Commentary – Better Gauges of Global Growth Ahead
Weekly Market Commentary – No Debate – Stock and Bond Markets Agree
Weekly Economic Commentary – Capital Spending Check-up