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Category Archives: Elections

Stocks rise as Fed stands pat on interest rates

Nobody can predict interest rates, the future direction of the economy, or the stock market. Dismiss all such forecasts and concentrate on what is actually happening to the companies in which you’ve invested. – Peter Lynch Despite hawkish comments from several Federal Reserve officials recently, Fed Chair Janet Yellen and the Federal Open Market Committee […]

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Stock averages close flat in listless summer trading

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him. – Benjamin Graham After rising to all-time highs on Monday, the major stock averages fell back slightly and ended the week virtually flat as volume continued to remain relatively low. Lack […]

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Global stock markets fall after Brexit, S&P 500 loses 1.6% for week

If you want to have better performance than the crowd, you must do things differently than the crowd. – Sir John Templeton Fears that voters in the United Kingdom would choose to exit the European Union became a reality last week and the shocking result caused global stock market averages to fall. What looked like […]

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S&P 500 Index at new all-time high on earnings, economic data

If you took our top fifteen decisions out, we’d have a pretty average record. It wasn’t hyperactivity, but a hell of a lot of patience. You stuck to your principles and when opportunities came along, you pounced on them with vigor. – Charlie Munger, American businessman and Vice Chairman of Berkshire Hathaway The stock market […]

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