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Market Update: Potential Market-Moving Events Ahead 09-16-14

As we write to you, the latest two-day Federal Open Market Committee meeting to determine the next step on monetary policy is in progress. Market participants will no doubt scrutinize the FOMC statement, to be released tomorrow afternoon, for hints of changes in the Fed’s expected course of action in regards to the federal funds rate. Read more about Market Update: Potential Market-Moving Events Ahead 09-16-14

Market Update: Stocks Ripe for Correction 09-09-14

U.S. stocks declined for the second day in a row after the S&P 500 last week set an all-time high. Concerns that the Federal Reserve may hike interest rates sooner than expected are to blame. A research letter published by the San Francisco Federal Reserve Bank states that investors may be under-appreciating the “extent to which short-term interest rates may vary with future news about the economy.” Specifically, the piece suggests that the public may be expecting more accommodative policy than do Fed decision makers. Read more about Market Update: Stocks Ripe for Correction 09-09-14

Hedges for the Long Term 09-02-14

With Labor Day behind us, investors look increasingly nervous about the possibility of a near-term correction. And perhaps they should. After all, no major stock market index has declined more than 6 percent in nearly two years. No major index has fallen 10 percent in three years. Not surprisingly, given these worries, trading has been light. Read more about Hedges for the Long Term 09-02-14

Dovish Central Banker Talks Set Positive Market Mood 08-26-14

Last week, the Kansas City Federal Reserve Bank hosted its annual economic policy symposium at Jackson Hole, Wyoming. Market participants watched with keen interest as U.S. Federal Reserve Chair Janet Yellen and other key monetary policymakers spoke. Read more about Dovish Central Banker Talks Set Positive Market Mood 08-26-14

Looking Forward to the September Issue 08-19-14

In lieu of our usual weekly Cash Cow update this week, we advise readers to expect, shortly, a new issue of the monthly newsletter, with our latest thoughts on global events and updates on the Leeb market indicators. Read more about Looking Forward to the September Issue 08-19-14

Keeping an Eye on Overseas Turmoil 08-12-14

After falling to a two-month low last week, U.S. stocks—using the S&P 500 as proxy—have staged a comeback in recent days. For the month, the blue chip index is about breakeven. As predicted by our stock indicator, although equities may struggle to find much upside in the near term with valuations stretched, despite the ongoing geopolitical risks, the chances for a major decline (10 percent or larger) seem small.    Read more about Keeping an Eye on Overseas Turmoil 08-12-14

Digesting the News 08-05-14

Last Friday, the U.S. Bureau of Labor Statistics reported that U.S. employers added 209,000 jobs in July. That was more than 20,000 fewer jobs than economists had expected. Nevertheless, the gain represented the sixth consecutive monthly addition of more than 200,000 jobs, the longest such period since the 1990s. Read more about Digesting the News 08-05-14

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