Friday

The movie Crocodile Dundee was released in 1986, over 32 years ago.  A quote from the flick popped into my head a few days ago when listening to a podcast mentioning the Australian economy.  In the movie, the lead character (played by Paul Hogan) is held up at knifepoint by a few would-be muggers.  Ultimately, he pulls out his Bowie knife (which is significantly larger), and the

America’s stock markets attained a couple of milestones this week: the longest bull market ever and, ironically, the longest correction since 1961!  How can we reconcile the two?

At our last Pie Party, Jack raised a question about basic definitions regarding terms often thrown around:  bull and bear market.   Well his question led to more questions.  What is a bull market?  When do they start?  How far must a bull market fall before it ends? 

Queen teamed up with David Bowie in 1981 to create Under Pressure which topped the UK’s singles chart.  Search the internet for an interpretation of the lyrics and you’ll find oodles of opinions.  When you’re done reading this note, take a listen here and tell us what you think.  In the meantime, let’s look at an area of the market for which the s

A week ago today we got a look at the latest employment data from the Bureau of Labor Statistics (BLS).  Click here to see what we wrote regarding the strong report.  While parsing through the data, it became clear that the labor market is very tight.  But then another report issued by the BLS subsequently,

Fire and Ice