Markets Prove Resilient Despite Topsy-Turvy May

May brought a flurry of market and economic information for investors to mull. First-quarter gross domestic product (GDP) fell at a 0.7% annual rate, revised down from a lackluster 0.2% gain. Corporate profits also fell, reflecting a stronger dollar, weakness abroad, adverse winter weather and possibly some seasonal adjustment issues. Pending home sales, however, climbed… Continue Reading: Markets Prove Resilient Despite Topsy-Turvy May

The January Effect Not In Effect, Yet

January 19, 2015   The January Effect not in effect, yet       Many market watchers expected some volatility during the first few months of the year, but it seems obvious that very few, if any, foresaw the Swiss move to discontinue its minimum exchange rate for the franc against the euro. The Swiss… Continue Reading: The January Effect Not In Effect, Yet