When the economy was in deep trouble in 2008 the Federal Reserve Bank acted quickly to increase liquidity in the financial markets. Their objectives were twofold: Lower interest rates in order to stimulate the economy (recall the deep recession we were in) Prevent the financial system from freezing up (recall […]
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With the market hitting new highs last week there are two camps of investors in the marketplace. Those that have participated in the current bull market and are wondering how high it goes, and those who are on the sidelines hoping for a stock market correction so they can get […]
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The S&P 500 made a record high yesterday. It’s breached the 1,900 mark and is now up over 4% for the year, about halfway towards our forecast of high-single-digit returns for 2014. This move is notable given the economic and corporate earnings growth slowdown we saw in the 1st quarter. […]
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