Déjà vu all over gain Last week investors cheered as the Dow conquered 10,000 yet again. The first time it reached 10,000 was March 16th, 1999. Since then, the stock market has zigzagged above and below 10,000 more than 25 times. You could call it a “tread mill economy” where there is plenty of action that is going nowhere fast. As disturbing...
The Skybox View by Gregory Pacitti CFP®The last few days have shown us both the worst and the best days in the equity markets for 2010. The major stock indexes abruptly turned negative year to date and then rocketed back to positive territory after the European Central Bank announced they will spend nearly $1 trillion bailing out Europe’s sovereign borrowers (like Greece, Spain,...
Déjà vu all over gain Last week investors cheered as the Dow conquered 10,000 yet again. The first time it reached 10,000 was March 16th, 1999. Since then, the stock market has zigzagged above and below 10,000 more...
The Skybox View by Gregory Pacitti CFP®The last few days have shown us both the worst and the best days in the equity markets for 2010. The major stock indexes abruptly turned negative year to date and then rocketed back to positive territory...
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