WHAT WE’RE THINKING & SEEING

Knowing you’re very busy and bombarded with messages, we’ll keep our comments and observations short. If you want more detail, please don’t hesitate to ask us questions

BEAR MARKET ON THE HORIZON?

With the worst performance in stocks for a Thanksgiving week since 1939, the S&P 500 has experienced a “correction.” Last Friday’s close is down 10% from its high of 2940 this past September earlier. The S&P 500 is flat for the year, the foreign stock markets are down 10% or so, and the US bond […]

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MARKET PULLBACKS

Six trading days ago, the Dow Jones Average closed at an all-time high. Yesterday’s 3%-plus drop of 831 points in the Dow was the biggest in 8 months. With the Dow down another 546 points today, this index is now 1,736 points of its high—a 6.93% decline. (A 10% decline is considered a “correction”.) What […]

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