Jim Cramer has a decent piece on the end of Quantitative Easing (QE). He calls on Wall Street pundits to apologize for their incorrect predictions.
Cramer breaks it down quite well into several specific predictions that went wrong. The basic idea under fire — The Federal Reserve was propping up the economy with QE, and the moment QE ended the economy would crash like a house of cards.
The economy ...
More →Big news is that that Federal Reserve announced the end of Quantitative Easing (QE). Interest rates are supposed to spike up now, right?
They certainly haven’t yet. Of course this is only the first day after the announcement. Short term movements can send markets in any direction, and who knows if rates may actually rise over the next year.
But my point is that there is never a situation where you get “direct” and “predictable” market movements, like many ...
More →The Dow Jones Industrial Average is not behaving like the other market indexes today. The reason is IBM.
Interestingly, I have another post that deals with precisely this issue and how it can occur, especially because of IBM.
Here is a link to that post: The Dow, IBM and Benchmarking
I think it is worth a read because having a good understanding of indexing can help calm a lot of stress and also ...
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