Market in Bull Normal; Market is Overbought on a short term basis Equities maintained the gains this week, with volatility declining slightly inspite of weak employment numbers Blended monthly rebalancing, current holdings: 26 ETF portfolio: FXF, IYR, IEV 13 ETF portfolio: IYR, DIA, EFA next re-evaluation on/about 1 Aug ETF2 notes: no change, adjust stops […]
Month: July 2011
Bad form in Britain, when it comes to respecting our own legacy
Obama is willing to use Reagan for his own purposes when appealing to the moderate Right, but when the Brits offer a tribute to Reagan on Independence Day (remarkable maturity by the Brits dont you think?!), our ambassador, who’s chief qualification is his effectiveness as a fund-raiser, can’t be found. His absence was both remarkable […]
The cost of payback, using GAAP
This is what comes from an effort to divert market energy into central planning schemes designed to reward Democratic constituencies. When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact […]