ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
“It isn’t random that utilities are acting fairly well.” Carter Braxton Worth, CNBC Fast Money, September 8, 2022. There is truly nowhere left to hide in this stock market! One of the last “safe haven” investments, the Utilities Select Sector SPDR Fund (XLU), hit an all-time closing high exactly one month ago and today completed a … Read more
The February 4, 2016 edition of Nightly Business Report included a segment assessing the ability of the stock market to predict recessions. This is of course a timely piece given the stock market’s current plunge and growing recession fears arising from analyst commentary and softening economic data. Steve Liesman, chief economist for CNBC, took a … Read more