Archives for January 2013

CLEARING HURDLES

Three fears drive investor behavior:  fear of the unknown, fear of loss and fear of missing out.  With President Obama in the White house for four more years, ObamaCare officially the law of the land, the fiscal cliff calamity avoided and the apparent extension of the debt ceiling, the fear of missing out is driving this rally. [Read more…]

CYCLES AND SEASONALITIES

Once upon a time, business cycles were predictable and the economy alternated between periods of expansion and contraction.  As a leading economic indicator, the stock market would predict the business cycle as investor confidence and consumer confidence ebbed and flowed. [Read more…]