Tag Archives: stock market

What’s Holding Up the Market?

What’s holding up the U.S. stock market? The facile answer is the Federal Reserve (“the Fed has our back,” “don’t fight the Fed,” etc.) but this doesn’t actually describe the mechanisms in play or the consequences of a market that levitates … Continue reading

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A Wobbling Stock Market

Consider this chart of the SPX (S&P 500) over the past two years: take a look at the relative steepness of each of the red lines (rallies), the duration of each rally (purple lines), the blue boxes (volatile spots of bother) … Continue reading

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Could Stocks Rally Even as Parts of the Economy Are Recessionary?

We contrarians can’t help it: when the herd is bullish, we start looking for a reversal. When the herd turns bearish, we also start looking for a reversal. So now that the herd is skittishly bearish, anticipating a recession, contrarians start … Continue reading

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Americans’ Self-Contradictory Views of Socialized Healthcare

Majorities want single-payer, but not from the government. Eric Zuesse On December 3rd, Gallup bannered “Government Favored to Ensure Healthcare, but Not Deliver It” and reported that 57% of Americans say “It is government’s responsibility to see that all have … Continue reading

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What’s the Real Meaning of the Stock Market Swoon?

There’s no shortage of explanations on the whys and wherefores of the US stock market’s recent swoon / swan-dive / plummet. Here’s a few of the many credible explanations: — the economy has reached peak earnings so there’s no fundamentals-driven upside left; … Continue reading

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