Jim Jubak makes a couple of good points:
Is debt crisis worsening?
So what should you do? Raise cash if you can. Keep new cash on the sidelines. Be patient and wait for some solid evidence that the pessimists are wrong and that we really will see a bottom for the debt markets and the […]
In my previous post concerning the retail apparel sector, I attributed a cause of the decline in the stocks I mentioned being due to economic conditions. Let me clarify things a bit.
Many times, movements in the markets are not due to actual economic conditions, but are due to folks perception of economic conditions. I mostly […]
It looks like some specialty stocks in the apparel sector have fallen out of favor, most-likely because of economic changes. I’ve just put four of them on my watch list.
Stein Mart (SMRT) is actually trading near 5-yr lows and it looks like there’s a good reason for the new lows. Profits have been steadily and […]
Fed Cuts Rates, Market Drops
Think you got it figured out yet? Right..
After climbing all week based on the expectation of the Federal Reserve cutting rates, the stock markets dropped like a rock today after the Fed did exactly what was expected. They cut the federal funds rate to 4.25 percent from 4.50 percent and also cut the discount rate […]