Insights

Each morning before I start work I spend some time alone with the Lord. It has a myriad of benefits, not least of which is that it calms my soul and puts me in the right frame of mind for the day. This morning I read, "Do not fret; it only leads to evildoing" (Psalm...

I have posted the September newsletter at the top of the page under Newsletter. Just click and select the file and it will open for you. Feedback is always welcome. This month's edition is a primer on the European Debt Crisis, though as always I cover investment...

In Europe, stocks were higher today. The German Supreme Court rejected appeals to overturn the 2009 Greek bailout package and restrictions for the future were less onerous than anticipated. There was news that Italy and Greece were working to implement austerity...

US stocks, which opened 2.5% lower, finished the day down less than 1%. Gold was down slightly, bonds up.

Yesterday, Europe lost -4% and headed lower this morning but then turned around and finished mixed. That helped US stocks to open higher than they might have. They opened down -2.5% and have wobbled around since. Tomorrow is the big day this week because the German...

Stock and bond markets as well as banks are closed today. Europe might have wished it was as European stocks fell -4% on the day; Germany -5%. European banks lost 6%. Germany's Supreme Court rules Wednesday on the constitutionality of European bailout provisions and...

Sorry, I haven't posted as much lately. I have been busy fixing computer problems which I think are solved now. US stocks had trouble today getting the 1220 level on the S&P 500 stock index and ended down 1.1% - 2.5% today. European stock markets were mixed today as...

Stocks were up, gold was down, bonds were flat. Stocks are really overbought here and have reached a resitance level. Stocks probably need a breather or they will head down. That's not in stone - markets can stay overbought but odds are against significant further...

Bonds are up, gold is up 2%, stocks are down -0.3% Asia was higher and Europe was mixed. Speaking of Europe, take a look at the highest rates I know of right now:...

Stocks were up anywhere from 2.2% - 4.75% today, depending on the index. Banks were on fire again today. There is serious value-bin buying going on in Bank of America and some other large banks and insurance companies. I recently ran a search to see if any stocks were...