Technically Speaking

Technically Speaking

OVERVIEW   The U.S. stock market, as measured by the S&P 500, fell back into correction territory (10% off its highs) last week with a -2.88% weekly decline. The Nasdaq fell even harder, declining around 3.5%. And the Dow, which registered its fifth straight...
Unhappy Meal

Unhappy Meal

  Our featured chart this week shows that groceries are getting more expensive worldwide, with food costs jumping to a record high last month. The World Bank’s Food Price Index, a measure of global food prices, climbed 5.68% from last month and 21.01% from a year...
Surprise!

Surprise!

  A lot of stuff in the financial world has to do with expectations. The stock market, for example, is based on expectations. It’s a forward-looking mechanism. This means that the price of stocks today reflects—among other things—what investors anticipate the...