Mark J Lundeen
For stock-market bears; in the years following 2009 watching the market on a daily basis has been much like watching paint dry. But just as paint does eventually dry, this market will resume the crash it began in Oct 2007.
I’m glad I’m a bible believing Christian waiting for Jesus because if I wasn’t, after watching the Democrat and Republican presidential debates, I’d really be depressed by our current situation. And what situation is that?
The Dow Jones has made some nice gains since its lows of August 25th; 1,418 points or 9%, ending the week at over 17,000. However looking at the blue plot below, it’s evident the Dow still has a good way to go to reach its last all-time...
Janet Yellen may not have raised interest rates this week, but Mr Bear couldn’t care less. We can see it in the market. In bull markets double-digit declines from an all-time high are reasons to buy. But EARLY in bear markets,...
Let’s look at Mr Bear’s report card to see what he’s been was up to this past week. After one day of extreme volatility on Monday, he’s been behaving himself. Still the Dow Jones ended the week 10% below its last all-time high of May...
If you believe what CNBC is saying, then everything is just fine. Except for the current correction in the stock market, everything that should be going up is going up…and everything that should be going down is going down. So what’s not...
The financial media reported the Dow Jones made market history Monday when the Dow moved 1,089 points on an intraday basis from the previous day’s close. After a brutal day “a new historic record” like that sounds pretty darned...
What’s the big picture in economics? That manufacturing makes things to sell at a profit. When that isn’t happening (for whatever reason) there are problems with the economy. During inflationary booms inventories don’t collect dust in...
People interested in gold and silver, including myself, spend much of our time examining the markets for clues when the old monetary metals and their miners will resume their bull market. But looking exclusively at the markets provides...
Markets are human creations; they enable the specialization of labor that’s so essential in creating, and sustaining civilization. Who today grows most of their own food? Very few people, and those that do typically provide the food for...
