by Gary S. Morrow | Mar 18, 2019 | Chart of the Day, Market Update
Passive investment strategies have been on the rise since the start of the current bull run, which is now the longest in history. These strategies have worked quite well during this rally. If, and when, we enter a bear phase passive investors will be in for quite a...
by Gary S. Morrow | Mar 16, 2019 | Chart of the Day, Market Update
The 5 Year Treasury Yield finished this week at 2.40% The 1 Month Treasury Yield finished this week at 2.46%. The US Yield Curve has not been this inverted since September of 2007. Hat tip Charlie...
by Gary S. Morrow | Mar 13, 2019 | Market Update
An incredible streak to say the least. Ryan Detrick has the numbers: Since WWII, the S&P 500 has been higher 12 months after the midterm elections every single time. That is 18 for 18 with an avg again of 14.2%. Currently up about 2% since the midterms last...
by Gary S. Morrow | Mar 10, 2019 | Market Update
The lede from Zerohedge.com: Exactly ten years ago on March 9, 2009, just as rumors were swirling that the Fed would unleash and expand its QE1 program by $1 trillion (confirmed on March 18, 2009), the current “bull market” began and since then, despite...
by Gary S. Morrow | Mar 9, 2019 | Market Update
Key bit: Investors on Saturday will celebrate the 10-year anniversary of the longest bull market on Wall Street since World War II — defined as at least a 20% rise in the benchmark S&P 500 index from its previous low — and the rally has generated a gain of...
by Gary S. Morrow | Mar 8, 2019 | Commentary, Market Update
The lede: Total nonfarm payroll employment changed little in February (+20,000), and the unemployment rate declined to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Employment in professional and business services, health care, and wholesale trade...
