http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Actually, on the contrary. We have been crawling all over this market looking for the first signs of the inevitable downwave. Haven't found it yet, and after a…
(This letter was written in December 2013) The story is told of the conquest of Mexico (a rousing good story with wonderful books by Thomas, Prescott, et al) during which…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Bernanke sparks major rally, changing the context altogether. Investors and traders have been in a state of high anxiety for months about (ta-dum) the dreaded taper, or as…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=8&dy=0&id=p50934119130&a=266398464 Sometimes there is nothing for it but to cast the I Ching -- or the runes or the crystal ball or just to appeal to Congress for help.…
Every year, at Thanksgiving and Christmas, we take a moment out to think about hunger. Not ours. Here is a San Francisco Chronicle editorial on the subject: http://www.sffoodbank.org/in-the-news/san-francisco-chronicle-editorial-food-banks-cant-make-up-for-food-stamp-benefit-cuts It's not…
