Doomed To Repeat History

Here we go again. Perhaps the one thing that has been more surprising than the resilience and persistence of the stock market throughout the post financial crisis has been the complete and total abdication of sound decision making by global regulators and policy makers in taking actions in the wake of the last two crises to prevent yet another market implosion in the immediate future. But here we go again. Same misguided policy actions, same policy oversights and missteps, same expected results at some point in the future.

Please click on the link to read more on Seeking Alpha

Stocks: Worst Week Ever, Better Days Ahead

The U.S. stock market got off to its worst start to a calendar year in history. In the first five days of 2016, the S&P 500 Index plunged by -6%. Following this latest of many unprecedented market events during the post crisis period, it is worthwhile to consider what we should expect from here from financial markets.

Please click on the link to read more of my article on Seeking Alpha.

Winners And Losers Since The Bull Market Peak

The U.S. stock market is currently in correction. And given that we are now more than four months removed from the last time the S&P 500 Index set a new high, it’s worthwhile to consider the following question. Is it possible that a new multi-year bear market is already well underway? Only time will tell. But if indeed market historians someday look back on 2015 in the same way that they do 2000 and 2007, it’s worthwhile to consider the particular segments of capital markets that are following the stock market to the downside and perhaps more importantly those that may already be assuming the lead to the upside.

Please click on the link to read more of my article on Seeking Alpha.

Volatility: Up She Rises

Volatility in the U.S. stock market is building. While it may not be readily apparent in the headline readings, it is creeping along under the surface. And the more this volatility builds, the more the sustainability of the long running post crisis bull market may be at risk.

Please click on the link to read more of my article on Seeking Alpha.

Friday’s Sell-Off: Assessing The Damage And Opportunities

Capital markets demonstrated clearly on Friday how upside down the investment world has become so many years after the outbreak of the financial crisis. Following the parade of generally disappointing U.S. economic news throughout the past month, investors were treated to a blockbuster February employment report that exceeded expectations. But instead of providing a lift to the markets, the positive news that the U.S. economy was adding jobs at a faster rate than anticipated sent investment markets reeling across the board. In the end, Friday was the worst trading day for stocks since January 5. But with such sell-offs, it is worthwhile to both assess the damage as well as consider the opportunities for what might lie ahead.

Please click on the link to read more of my article on Seeking Alpha.