Stock Market Decline (Finally) Unfolding as Anticipated

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For a long while, it felt like the resumption of the stock market decline would never come.  But now, it appears that US equities – the final holdout of the ’09-10 “reflation rally” – are once again under some serious pressure. When we last chatted, we wondered if the S&P’s kiss of the 1122 mark […]

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Today we got the stock market pullback that we anticipated yesterday (read that post here).  As I write this a few minutes before the closing bell, the S&P 500 is down about 13 points, now trading right around the 1100 mark. According to the Associated Press, volume is lighter than Monday’s session – with volume […]

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