Richard Schwartz's PRINCIPLES OF THE STOCK MARKET A learning, teaching, always evolving stock market letter and advisory service Seventeenth Consecutive Year of Publication ; Letter #1; September 18 th , 1990 Post Office Box 1236 · New Paltz, New York 12561 - U.S. A. · (845) 255-6894...
THE BIG PICTURE Last Monday I presented the bull’s three pronged case , that: (1) the credit crisis is past it’s worst stages, (2) that we can skirt a recession or just experience a mild one and (3) that we have good value in stocks today. I offered the bull’s view up for balance, to...
THE ECONOMY Written Monday, May 5th, 2008: Regular Weekly Overview: Numerous economists are now saying the possibility of an US recession has passed. I think this change of viewpoint began about a week plus back when the Durable Goods Orders–Ex Transports for March rose +1.5%, better than the ...
THE ECONOMY Whatever the stock market does next, it’s been in rally mode for the last month, the US economy continues to sputter and slide lower. I was assessing the latest economic data late last week, starting with housing, and recent developments continued to get worse, not better. In spite of US...
THE ECONOMY: Weekly Review: Monday, March 10th, 2008 Here’s a quote I could lead off the economy or stock market sections with, from www.comstockfunds.com : “The world is burdened by excessive debt and leverage throughout a large part of the financial system, and the working off of the debt and deleveraging...