Hurry up and Wait
Soldiers understand this sentiment well. Movements have urgency interspersed with long periods of waiting. Today’s stock market exhibits the same characteristics. A particular [...]
Tectonic Movements
In a healthy vital economy, change is the norm. The process of replacing obsolete businesses and endeavors with new ones has been referred to as creative destruction. Our economy is now [...]
Higher and Higher
It’s not just a feeling; it is real money. Last week, all three major domestic stock indices hit new record highs. We keep referring to the strong internal action of the market and [...]
Shooting the Pipe
Danger above, behind, from the side and yet here we go; what a ride! Week after week, the stock market is making new highs. The economy keeps chugging along, companies’ earnings are [...]