Monthly Archives: October 2015

HH The Quiet Return Of The Rising Sun

Many international markets have struggled over the last few years, with China being the most recent. But amidst all that, the Japanese market has quietly put up some solid numbers. In fact, the Nikkei index is up 37% in dollar terms since early 2013. Some of this is due to a weaker yen, which has…

Bad News Bulls Strike Again

via GIPHY Yes, it’s all quite maddening for many rational investors as bad news morphs to become great news. Yet this has been going on for nearly 7 years as bulls don’t care about anything beyond keeping interest rates at zero for as long as possible. Thursday we noted Goldman Sachs had indicated a rally…

Volkswagen: A Decade Of Deception – Full Chronology

The scandal swirling around Germany’s largest listed company had its beginnings in an attempt to crack the U.S. market, the missing link in VW’s global footprint. But, as Handelsblatt details, what began as expansion ended in deception (piecing together the events that led up to the scandal,based on the facts as they are currently known). as Handelsblatt details,,…

S&P 500 Snapshot: A Rally On The Disappointing Jobs Report

Of all the economic indicators, the monthly employment report probably has be biggest impact investor sentiment. But in recent years that impact has been complicated by monetary policy, and “the bad economic news is good market news” syndrome. Such appears to have been the case today. The S&P 500 initially tanked on the disappointing jobs report, plunging…