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There was no pot of gold at the end of the rainbow for stocks on Friday as struggling banks and triple witching courted sellers. Sentiment is down across the board according to the latest survey by University of Michigan. One hike too far? First off, Happy spring. You didn’t know did you? I have to…
Have you noticed that the word “bubble” has become a common word in financial circles? There was the dotcom bubble, the housing bubble, the energy bubble… the list goes on. It has been added to the lingua franca and it is understood as something that ultimately heralds in pain, usually financial pain. And for good…
Stocks rallied yesterday relieved that news on banks was mostly positive. Big banks joined lifting ailing colleague First Republic to its feet, investing their own funds in the struggling bank. Is the party about to start or is it over? Well, it has been one heck of a week. Last week went out with a…
Stocks clawed their way back from deeper losses for a mixed close yesterday following misfortune and fortune of Credit Suisse. Bond yields are all over the place as investors struggle to see a clear path for the Fed – wide spreads are a telling sign of confusion. Another day, another kick in the b*tt. Just…
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