Emerging Markets
Don’t Bet Against the U.S.
Before May, there were plenty of investors wondering if the stock market had gotten too far ahead of the economy. Sure, stock… Read more
The Volatility Genie
I was trolling Bloomberg last night and I came across the following quote:
A Bold Prediction
On Monday, when it was apparent that we were in for a big day as futures went limit up in pre-market, I… Read more
How Much for the Island?
Investing in gold is often called a “fear trade.” In times of crisis, it’s believed that gold will hold its value, and… Read more
Liquidity and a No-Bid Market
Apparently, the going rate for a 404 point rally on the Dow Industrials is $1 trillion. Any takers? Going once… … Read more
Financial Darwinism
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Greek Tragedy
Just yesterday, we discussed how stock market plunges can be set off by what amounts to a “global margin call.” And that’s… Read more
The Global Margin Call
We’ve been tackling some pretty heavy issues in Daily Profit this week. And while I’m not one of the doom… Read more
Jobless Recovery
Investors were too busy watching stocks get pounded yesterday to notice a bit of good news. Factory orders rose 1.3%. That was… Read more