Green Shoots
The bottom is in; that is our prediction. The course of recovery depends upon how expeditiously we contain the coronavirus epidemic in this country and to a lesser extent, around the [...]
Do’s and Don’ts of a Financial Panic
Financial panics are not new. There are many causes, but there are commonalities among them and some cumulative wisdom as how to handle them. Our Federal Reserve, Congress and state [...]
A Little Balance
Amid all the bad news being reported on our coronavirus outbreak are also some heartening good points. Journalism typically seizes upon bad news, the dramatic, and even sometimes promotes [...]
Buying Time
Last week, the Bull sent out a blog explaining how our authorities were and are taking draconian actions to buy time to stretch out the impact of the coronavirus epidemic. This is to better [...]
Crescendo!
Yesterday was a massive liquidation event. Leveraged strategies were being unwound, either voluntarily or involuntarily: margin calls and liquidation. The selling momentum created [...]
Buying Time
Draconian measures are being announced every day, both here in the U.S. and elsewhere, to deal with the spreading coronavirus epidemic. Unfortunately, many of these are damaging economic [...]
Oil Price War
It seemed remote that OPEC and Russia would engage in an oil price war. It is contrary to their self-interests but nevertheless that is what has happened. In last week’s blog [...]
Where are We?
Columbus, arriving in the New World, thought he knew where he was going, but he didn’t know where he was. In the stock market, we have embarked upon a correction, but we don’t [...]