Posts filed under “Markets”

1958: Public Investing in the Stock Market as Never Before

This week in 1958: LIFE Magazine highlights a strange new phenomenon: The public is investing in the stock market as never before. “On the average,” reports LIFE, “500,000 new customers a year have been getting into the market and 8.6 million Americans now own some kind of common or preferred stock…. To an extent which our founding fathers could never have foreseen, we live today under a genuine people’s capitalism, in which the stock market has become everybody’s business.” The Dow Jones Industrial Average is around 500, but a “prominent market observer” (probably choosing to remain anonymous because his forecast sounds so crazy) predicts that “Just inflation alone will some day carry the Dow-Jones average over 1,000.” Imagine that.
Source: LIFE, September 15, 1958, pp. 93-106.

 

Via Jason Zweig’s This Day in Financial History

 

Category: Investing, Markets, Sentiment

RIP Paul Macrae Montgomery, originator of Magazine Cover Indicator

  Paul Macrae Montgomery, best known as the originator of the Time Magazine Cover Indicator, and for popularizing the Hemline Indicator of the stock market, died this weekend. He was 72. I was fortunate to have had several conversations with Mongomery over the years. He was humble and soft spoken but he took delight in…Read More

Category: Analysts, Markets, Psychology

Flowchart: Are You a Freelancer?

Source: Freelancers Union

Category: Employment, Markets

Kiron Sarkar’s Weekly Report 6th September 2014

Mr Draghi has come to the rescue yet again. The cut in all of the ECB’s policy rates by 10 bps, combined with an asset backed securities (ABS) and covered bond purchase programme, was more than the market expected. The decision was agreed by a “comfortable majority”. Mr Draghi confirmed that whilst the ECB did…Read More

Category: Markets, Think Tank

Succinct Summation of Week’s Events 9.5.14

Succinct Summations week ending September 5th Positives: 1. ECB lowers rates  gives further clarity in its attempts to encourage a greater level of small and medium sized business lending. He also gets another leg lower in the euro via another cut in short rates and by adding covered bonds to its menu of asset purchases….Read More

Category: Markets

Longest Bull Market?

The longest bull market for the S&P 500 since 1950 lasted 9 ½ years (actually 2,388 trading days).  The current bull market (which began on 3/09/09) has lasted 1,375 trading days (through Friday 8/22/14), or 1,013 trading days short of the longest bull since 1950.  During the final 1,013 trading days of its 9 ½…Read More

Category: Markets

How to Win the Loser’s Game

Most of what we see and hear about how to invest comes from either the fund industry or the financial media – both of which have their own agendas. This landmark documentary is an attempt to redress the balance.

Nine months in the making, How to Win the Loser’s Game aims to provide ordinary investors with the information they need to achieve their investment goals. It includes contributions from some of the biggest names and brightest minds in the investing world.

It’s being released in ten weekly, stand-alone parts, followed by the full-length, 80-minute film. Please share these videos with family, friends and colleagues, and help us to build a better, fairer and more transparent investment industry for all.

Via Sensible Investing

Transcript here

Category: Investing, Markets, Video

The Declining U.S. Reliance on Foreign Investors

The Declining U.S. Reliance on Foreign Investors Thomas Klitgaard and Preston Mui Liberty Street Economics, August 20, 2014       The United States has been borrowing from the rest of the world since the mid-1980s. From 2000 to 2008, this borrowing averaged over $600 billion per year, which translates into U.S. spending exceeding income by almost…Read More

Category: Markets

I wish you’d leave your work at home.

Source: Adhesive Comics

Category: Markets

Kiron Sarkar Weekly Report 8.30.14

In spite of the increased geopolitical tensions, oil prices (Brent) have not risen by as much as normally would be the case. Prices are still being impacted by Libya as it increases its production and exports (though internal fighting has increased, which could threaten supplies) and by rising oil production from territory controlled by the…Read More

Category: Markets, Think Tank