by Gary Gordon | Mar 3, 2020
Federal Reserve committee members still insist that the U.S. economy is in great shape. Do you believe them? Today, the central bank served up an emergency intra-meeting cut of 50 basis points. The new range for the overnight lending rate is 1.0%-1.25%. Blame it on...
by Gary Gordon | Mar 1, 2020
During the “Great Financial Crisis” (GFC) of 2008, the S&P 500’s dividend yield surpassed the 10-year Treasury yield. This relatively rare event has happened a few times since. In March of 2020, however, the S&P 500’s dividend yield has...
by Gary Gordon | Feb 28, 2020
Dow Theory has been a popular tool on Wall Street for 100-plus years. It considers two significant market indexes — the Dow Jones Industrials Average (DJI) and the Dow Jones Transportation Average (DJT). Some theorists say that when “lower highs” are...
by Gary Gordon | Feb 26, 2020
Were you invested in a diversified basket of equities over the last two years? It may surprise some folks to learn that the NYSE Primary Exchange Index is actually down since January 2018. That’s a long strange trip to nowhere. ...
by Gary Gordon | Feb 24, 2020
A mesmerizing jolt of leverage in late 1999 topped out in March 2000. That same month, the S&P 500 hit its all-time bubble peak. A similar surge in leverage began in 2006. Margin debt peaked a mere three months (July 2007) before the stock market’s high...
