Blog
Seemingly Endless Elections
The election is finally over. Did you take the Red Pill or the Blue Pill? No, not that blue pill. Regardless, it seemed to take forever. Didn't it? Here is a political cartoon that sums it up well. from Boston Globe. Also, here is a skit from Saturday Night Live. This provides an interesting commentary
Weekly Commentary through October 31st, 2008
October was the worst month for the S&P 500 since October 1987. The current bear market, which made its most recent low this past Monday, is now the fourth longest decline in the S&P 500 without a 20% rally (on a closing basis). Besides the 1973/1974 bear market, the only other times this has occurred
Staying Informed and Up-To-Date
Last week I went to visit my son, Ben, at a Duke University parents weekend. This April, I will return for my 25th reunion. A lot has changed since I was in college. One of the biggest changes I noticed was how much information the Internet puts at each person's fingertips, regardless of where they
Market Commentary from October 24th, 2008
It has been another strong week for fear, greed and volatility. Earnings season is here, and we are seeing large moves in both directions. There continues to be unprecedented global cooperation in the wake of the financial crisis. The world seems to understand that it has to "snooze" the alarms until after the US election.
Election Tools
With the election coming in less than two weeks, I wanted to share some of the election websites that I check for updated information about how the race is going. The first website (called Five-Thirty-Eight.com) is graphically compelling, contains lots of updated information, and is done by someone whose primary job is communicating statistical information.
Weekly Commentary through October 17th, 2008
The markets gained some ground this week, at least from a point perspective. It's so tempting to want to believe that the worst is over because of some of the rallies we've seen since late last week. It is possible that last week marked a major bottom. However the market is certainly not trading normally.