Posts By: xcite

Speculation over Fed policy dominates the week

Speculation over Federal Reserve Board (FRB) policy has dominated market activity much as the Red Sox dominated Cardinal pitching… I had to get that out of my system, on to the week in the economy… Typical reactions to market data have continued to play in reverse of standard responses.  This…
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Hiring = up, GDP = up, Markets… not so much

During the week ending 11/8/13 we saw some very positive data released and it received mixed reviews from the market.   That being said who cares when they taper! Obviously we care about returns; however tapering means we have a strong enough economy to stand on its own without the aid…
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Markets – Cautious Optimism

Uh oh, cautious optimism never sounds good… This weeks title really speaks to the cautious growth we’ve seen in the market as of late.  There has been growth, but not with out dips, as it should be.  This helps me have confidence in the current validity of market valuations. Many investors are…
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Thanksgiving or Black Thursday…

Every year Black Friday comes earlier and earlier. While this should bode well for consumer discretionary investments I was dreading seeing loved ones leave Thanksgiving early to get in line for what has become Black Thursday, fortunately for us that did not happen.  As I mentioned, Consumer Discretionary should bode…
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Bad news = selling & good news = buying, Huh, interesting…

That almost sounds like what should happen on a regular basis…  Since the government shutdown we’ve seen the opposite.  Positive economic data was viewed as an indication that the Federal Reserve Board (FRB) may be one step closer to “tapering” their bond buying scheme.   This reaction has slowed in…
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Goodbye Austerity… at least for now

Austerity: a word that is a necessity, but causes so much short term pain to the economy and markets.  Well, with the recent budget passed by Congress we get to see a reduction in austerity over the next 2 years.  It replants $60 Billion in spending that previously had been…
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Taper, Taper, Taper… Sick of it yet???

The Federal Reserve Board (FRB) has finally reduced its bond purchase program, but what needs to be remembered is that the program was reduced from $85 Billion in monthly purchases to $75 Billion in monthly purchase.  This means there is still a heavy amount of stimulus in place.   The…
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Week and Year in Review…

We’ll get to last week in the next paragraph, however I would like to start this week’s Market Thoughts with a quick look at 2013 performance (through 12/27/2013). –        S&P 500 – 31.87% YTD – Strongest annual performance since 1997 –        U.S. Aggregate Bond – (2.11%) Sharp contrast to the…
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2014 Headwinds and Tailwinds

2013 posted the strongest market performance since the 90’s and the New Year began with some apprehension.  Let’s look at headwinds that could persist and tailwinds that could drive growth in 2014.   Headwinds: Emergency Jobless Benefits expired with 2013, leaving 1.3 million people without benefits.  If not extended, the…
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