The Market is a Riddle Wrapped in an Enigma

The Market is a Riddle Wrapped in an Enigma

When is a door not a door? The answer, of course, is: When it’s ajar. Investors and analysts were trying to find the answer to a different riddle last week: When are strong retail sales not strong retail sales? The answer is: When the retailers are department stores....

Weekly Perspective, February 19, 2013

The Markets Stocks delivered mixed performance last week. The Dow Jones Industrials and NASDAQ Indices moved lower while the Standard & Poor’s 500 and Russell 2000 Indices moved higher for the week. Stocks were helped by positive economic news in the United...

Weekly Perspective, April 9, 2012

The Markets When in doubt, blame it on the weather. It’s human nature to want to ascribe a reason to everything that happens in the world. Rather than feeling like it’s all random, we always want to know why the market went up or why bats hang upside down...

Weekly Perspective August 15, 2011

The Markets If there was ever a week for investors to be on vacation and “off the grid,” last week was it. By being unplugged, you would have missed the following wild ride: Monday: The S&P 500 index plunges 6.7 percent partially in reaction to the U.S. losing its...