The Prepared Mind 10.8.2012

Equities and equity indexes posted modest gains last week.  The markets started with gains on Monday after a positive  ISM-manufacturing report.  There was an absence of the intraday and interday  volatility which often characterizes “Employment Week.”  The markets ended with a sell-off on Friday to show a minimal difference  from…

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The Prepared Mind 6.25.2012

Last week the markets closed within a percentage point, plus or minus, of breakeven.  This performance masked significant intra-day volatility which was present throughout the week.  The positive mood from Sunday’s Greek election was quickly replaced by concern about Spain’s fiscal problems.  The Fed warned about ongoing risks to economic…

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