This Week with J. Mark Nickell & Co. – August 21, 2013

Sometimes good news is greeted poorly by the market. Last week the number of claims for jobless benefits dropped to the lowest level since October 2007. Consumer confidence also moved near a five-year high. However, the stock market dropped, and the yield on the benchmark 10-year Treasury note, which moves inversely to prices, climbed. Concerns that the Federal Reserve will taper asset purchases beginning as early as September have stoked a selling spree.

This Week with J. Mark Nickell & Co. – July 31, 2013

Stock and bond markets are recovering from the spasms felt May 22 to June 24.  This week we take a close look at what just happened; review a provocative article on why bond yields may drop further; and re-state the case for investing in Emerging Markets, which have not rallied at the same pace as

This Week with J. Mark Nickell & Co. – July 24,2013

Last Wednesday, Federal Reserve Chairman Bernanke delivered testimony to Congress, taking great pains to clarify Fed policy. His comments were well received because stocks moved higher and interest rates retreated. Our first article examines what the Chairman said and what he really meant. Though the economy still may need Fed support to reach “escape velocity” (i.e., where it can grow by its own momentum), our next article by Liz Ann Sonders of Schwab takes a look at the plunging Federal budget deficit and what it means. Finally, we summarize a recent poll by the Institute of Chartered Financial Analysts about expectations over the next 12 months.

This Week with J. Mark Nickell & Co. – July 10, 2013

Stocks are rebounding from a rough ride, but this is characteristic of many pullbacks since the bull market began in March 2009. According to the analysis of Liz Ann Sonders of Schwab, the stock market appears to be transitioning to a market driven more by traditional fundamentals, and less by Fed policy. On the bond side, Bill Gross of PIMCO believes the Fed is overly optimistic in its outlook for declining unemployment, and the recent spike in bond yields has been overdone

This Week With J. Mark Nickell & Co. – May 8, 2013

The Dow Jones Industrial Average and the S&P 500® Index recently reached all-time highs. Yet, a seeming disconnect between the economy and the stock market exists. In this blog we focus on news events that clarify the economic situation and Fed policy and the apparent disconnect with the level of the major stock indexes. We also mention an item in the President’s budget proposal that is central to this region’s economy.