“The herd instinct among the forecasters makes sheep look like independent thinkers.” – Edgar R. Fiedler

“The herd instinct among the forecasters makes sheep look like independent thinkers.” – Edgar R. Fiedler

Research

Thoughts on today’s sell-off

As of this writing, the S&P 500 Index is down another 2% on top of the over 3% drop on Tuesday (markets were closed Wednesday to celebrate the life of former President George H. W. Bush 41)…

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Market Update | Dec 6, 2018

Stocks sliding again as bottoming process continues. After the 3-4% selloff Tuesday, the S&P 500 Index continues to slide in early trading…

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OPEC Preview

Members of the Organization of Petroleum Exporting (OPEC) meet tomorrow in Vienna, with the focus on how to stabilize oil markets after crude oil fell 22% last month. A cut in production from OPEC and Russia is the most likely scenario. The big question is how large...

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Looking at the Yield Curve

Turning to markets, the spread between both 3- and 5-year and 2- and 5-year Treasury yields turned negative earlier this week for the first time since July 2007…

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Market Update | Dec 5, 2018

After their best week of the year last week, followed by healthy gains on Monday, major indexes did an about-face and fell more than 3% yesterday…

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