Mark Levy’s Economic Update – December 05, 2011 At the time of this writing, The Dow 30 Industrial Average is at 12,157, up 140 points on the day. This follows a big up week last week – one of the biggest in history. Let’s be honest though, this good performance is after an equally negative […]
Read MorePosted in |
Mark Levy’s Economic Update – October 31, 2011 Happy Halloween! I say “happy” because October is proving to be the “bear – killer” month of the equity markets once again with an approximate monthly gain of 13 percent. Corporate earning reports seem to be the main driver of this impressive rally. Earnings and revenues are […]
Read MorePosted in |
Late September 2011 – Economic Update Why do we have volatile markets? One reason is due to large buy and sell programs initiated by computers and unfortunately, these electronic manipulations cause more movement than the markets deserve at times. There is talk of limiting these entities from trading in this fashion, but so far, little […]
Read MorePosted in |
Mark Levy’s Economic Update – September 1, 2011 As of today, the Dow Industrial Average has recovered half of the decline we saw in late July/early August. My two letters in August addressed the “why” of the decline and the need to “hold” as probabilities appeared to suggest this was a correction and not the […]
Read MorePosted in |
Mark Levy’s Economic Update – August 11, 2011 Wow, what a couple of weeks! The original challenge was due to the problem of the debt limit and our government’s addiction to deficit spending. At the 11th hour, a new debt limit ceiling was passed and very soon after Standard and Poor’s, for the first time, […]
Read MorePosted in |
Mark Levy’s Economic Update – Late July, 2011 With the heightened fears today of debt limit questions and deficit concerns, it seemed a good idea to send out a special economic update letter. After yesterday’s 200 point decline in the Dow, today’s market is up 62 points (at the time of this writing) with a […]
Read MorePosted in |
Economic Update July 2011 The equity markets are up for a 3rd day in a row as the Greek Parliament passed a $40 billion dollar austerity package. A second vote on implementing the package is set for tomorrow and ongoing protests in Athens could change the political calculus. But the expectation now is Greece will […]
Read MorePosted in |