The days really are dwindling down to a very precious few. Tomorrow is Near Year’s Eve. And on Friday begins a new year…
What’s ahead?
We were right all along. Sort of. Kind of. It must have been two years ago that we looked into the future and thought we saw where we were headed.
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In Defense of Economic Depression
Warning: serious thinking here…
Big rally yesterday. The Dow was up 274 points. Gold went up very slightly and still closed below $1,200.
What gives? A big change in direction? It's probably nothing. Markets don't go up or down all in one straight move. They play with investors like a cat with a mouse. They tempt him into bear markets and scare him away when prices are rising. They shake his courage at bottoms and addle his brains at tops.
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