The Rich Get Richer, And ….Well, You Know The Drill

| April 23, 2013

It’s now a rich mans world, but it wasn’t always this way! As the Pew Research Center finds, during the first two years of the US economic ‘recovery’, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% […]

The Largest ETF’s (Exchange Traded Funds)

| October 10, 2010

Here are the latest ranking of ETF’s by asset size.  It was no surprise to see State Street Global Advisors’ SPDR S&P 500 (SPY) on top, with $78 billion in assets. It was the second and third spots that is the most titillating. The World Gold Trust Services’ Gold Trust ETF (GLD) came in second, now […]

Ever Wonder Why Stock Markets Tend To Dive In October Of Every Year

| September 29, 2010

Thoughts from Art Cashin on the floor of The New York Stock Exchange “The months of May and October have always broken hearts on Wall Street.  In fact when I studied under the Moose Head (at Eberlins) it was a frequent subject.  Prior to 1929 it was almost logical.  We were an agrarian society and […]

We’re On A Long Windy Down Hill Road To Nowhere

| September 8, 2010

Between 1974 and 1982 nominal stock prices drifted slowly higher as corporate earnings picked up; thereby compressing valuations and ending the bear-market. But from the current look of things we are a ways from that outcome.     

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