It’s Not About The Fed: Other Market Issues at Work

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The markets sure have appeared spooked since Bernanke’s midweek commentary – but is that all this is about, or is there more to this most recent pullback?  Regular correspondent adds to the list of intermediate term market worries in his weekly piece… **** There’s More To Consider Than Just The Fed Being Street Smart By […]

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By Sy Harding, Editor, Street Smart Report In my last column I made the statement that if only we could ignore Europe, global economic fears would not be so ominous since there were indications the U.S. economic slowdown had bottomed and a nascent recovery might be underway. We’ve now received more evidence of the latter. […]

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By Sy Harding Consumers, businesses, and stock markets hate uncertainty, and they sure have been subjected to more of it than they can handle so far this year. As a result, consumer and business confidence is at very low readings, and stock markets around the world are in serious corrections, many down more than the […]

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I love this guest piece by Sy Harding – one of the best we’ve ever run, in my humble opinion.  The Wall Street Cheerleaders watch stocks drop by 10%, 20%, even 40% or more – and simply reassure you that you need to have a long-term investment horizon.  Bullsh*t! Enjoy Sy’s take – I think […]

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by Sy Harding Markets around the world plunged so dramatically after topping out at the end of April (the S&P 500 down 18%), that they became very oversold short-term, a condition that usually results in at least a short-term rally off the oversold condition, a so-called relief rally. And sure enough a relief rally did […]

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Time to buy the market?  It’s at least time for a relief rally to sell into, says Sy Harding, based on his technical analysis of current market conditions… —- Being Street Smart Sy Harding It’s Time For Some Relief August 12, 2011 We’ve had enough bad news in recent months. It’s time for at least […]

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Some pundits are screaming that now is the time to buy the market – now that we’ve got “blood in the streets.”  But regular contributor Sy Harding – who anticipated this decline – believes we’ve got further to go on the downside… —- Being Street Smart Sy Harding It’s Too Early to Buy August 5, […]

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Hindsight is 20/20, they say…and when you’re an economist, hindsight is often all you’ve got! The GDP revisions are coming in, and telling us what anyone engaged in US business knew full well – the recovery was not as robust as the stats indicated.  Those damn lies! I would also add that if we’re down […]

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No jobs is not necessarily a bad thing in and of itself (Eat People, anyone?)…unfortunately I don’t think the latest jobs report was driven by any massive productivity enhancing automation of the human workforce! —- Being Street Smart Sy Harding Jobs Report Rains on Soft Spot Hopes July 8, 2011 The Labor Department’s employment report […]

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The poor greenback – it’s the most hated asset on the planet right now.  And why not?  We know that the Fed wants a weaker currency, and appears determined to continue to devalue the buck (in an orderly fashion, of course). But markets never trade in straight lines, and the “short dollar, long everything else” […]

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