Monthly Archives: August 2012

Aug31

Quite an interesting session today as volatility has definitely returned.  After this morning's gap up, investors seemed disappointed with Bernanke's comments although it might have just been an excuse to fill the morning gap.  Then there was a quick reverse…

Aug31

We've discussed this in the past but it's been a long while since the subject was broached  [Feb 3, 2011: CNNMoney - Jobs Coming Back, but the Pay Stinks!]  [Sep 2, 2010: NYT- New Jobs Mean Lower Wages for Many] [Sep…

Aug31

The market has sold off the morning gap up on Bernanke's comments although they don't differ much from what he has been saying repeatedly.  Other than saying the bar is higher it's the same song and dance. Disclosure Notice Any…

Aug31

Yesterday was the second session of serious selling in the month of August, but after undercutting the lows of last week by 1 point, the S&P 500 staged a knee jerk bounce in the afternoon before selling off relatively sharply…

Aug30

This post in the NY Times was fascinating to me, as this subject matter is one of the pet peeves in economic mantra (dogma) I've held for a long time.  The long held theory goes just increase trade and everyone…