Daily Investment Interpretations Archive

August 16, 2013 - September 30, 2013

July 1, 2013 - August 15, 2013
April 1, 2013 - June 30, 2013
January 1, 2013 - March 31, 2013
October 1, 2012 to December 31, 2012
July 1, 2012, to September 30, 2012

January 1, 2012 to June 30, 2012
July 1, 2011, to December 31, 2011
January 1, 2011 to June 30, 2011
July 1, 2010, to December 31, 2010
.
January 1, 2010, to June 30, 2010
 
July 1, 2009 to December 31, 2009
January 1, 2009, to June 30, 2009
July 1, 2008, to December 31, 2008
May 7, 2008, to June 30, 2008



 

2013-9-13 (Friday): Wall Street Week Ahead: Fed may taper without causing market tantrum; The September stock surge continues. The NASDAQ Composite expanded 6.21 points (0.17%) to end at 3,722.18. The Dow incremented 75.42 points (0.49%) to end at 15,376.06; the S&P 500 advanced 4.57 points (0.27%) to 1,687.99. Oil closed at 108.63::;Oil logs 2.1% weekly loss, but holds above $108  Gold ended at 1,328: Gold futures suffer a weekly loss of almost 6%, The VIX fell 0.13 to 14.16.   
    "Months of anticipation will come to an end next week when the Federal Reserve finally says whether it will start to rein in its massive stimulus of the economy, which has flooded financial markets with some $2.75 trillion over the past five years, supercharging returns on everything from stocks to junk bonds."    
    "Stocks continued their September rally Friday as investors anticipated the next moves from the Federal Reserve and waited for more details on Twitter's IPO plans. More"


Marketwatch says:     
    Watch your fund returns triple.  "5-year mutual fund returns are about to get juiced as financial disaster ages out of the data."  
    U.S. oil independence is near.  "The goal of oil independence may be achieved in a decade, one analyst tells Myra P. Saefong."  
    Obama picking Summers for Fed, says Nikkei — White House says no.    
    Market hasn't priced in 'Summers put,' says one economist.    
    Markets price in Fed taper"The most important market moving event is the central bank's policy meeting next week. Will they or won't they taper?"  
    Treasurys eye weekly gain after tepid data.    
    Housing markets are about to get squeezed.  "New cap on federally backed mortgages may hit buyers particularly hard in several pockets of U.S."  
    Sales at U.S. retailers soften in August.    
    Consumer sentiment hits five-month low.    
    Intel upgraded to buy at Jefferies.    
    Omnicom’s Ketchum placed Putin op-ed- report.    
    J.P. Morgan to spend $4 bln on oversight. WSJ    
    The financial cost of religious faith.     
    I$10B in unused Social Security"'Unusual claiming strategies could boost income for any seniors."  
    Cats star in new Social Security media push"Feline-centric videos promote online applications for retirement benefits from the agency."  
    Think Social Security is guaranteed? Think again.    
    Will Social Security be there for you?.    
    Social Security hurdles for government workers.   
    Gambling tax hits SSA payouts — even when you lose.     
    Social Security is not an asset.    
    Strategies for Social Security spousal benefits.    
    Some Lehman creditors benefited handsomely.    
    The financial crisis: What have we learned? (video).    
    10 players from 2008 financial crisis.  "A  look at 10 of the key crisis-era players and where they are now."
    Looking for stocks about to break out?.    
    Growth stocks point to richer prices.    
    It’s Larry Summers, says Nikkei.  "Japanese newspaper says Summers will get Obama nod for Fed chief. White House says no." 
    What 100 basis points mean for bonds.    
    Laszlo Birinyi thinks S&P is headed for 2,000   "Market historian says bull isn’t finished, reports Howard Gold." 
    Could Syria be all about oil?  "Syria has little oil but, notes Ivan Martchev, stands between Saudi reserves and Turkey and Europe."  
    What one ex-Fed official expects on tapering.    
    U.S. Dollar Faces New Competition as Safe Haven Currency"When the next financial crisis hits, don’t be surprised if investors choose the euro over the U.S. dollar as the safe haven of choice."  
    China's Improving Economy: Out of the Woods or Still a Giant Bubble?"Is China’s economy back? According to some chief executives, the world’s second-largest economy has rebounded and Chinese consumers have returned to their old spending ways."  
    Terminator Town USA: Rise of the everyday robots.    
    Watch: Bill Gross is selling bonds. Should you?.    
    Watch: How pharmacies benefit from flu shots.    
    Jamie Dimon: Still ‘Last Man Standing’ But Knocked Down a Few Pegs.    
    Take the Money and Run From Copper, Says Dicker.    
    When interest rates rise, should you sell stocks?.    
    Top 1% Getting 95% of Income Gains: Is Washington Responsible?  "A recent study reveals that the top 10% of earners in the U.S. took home more than half the country’s total income in 2012."    
    Colleges With the Highest-Paid Grads  "From Harvey Mudd to the U.S. Naval Academy, graduates with bachelor's degrees from these colleges and universities earn the highest salaries in the country."    
    Investments That Could Be Financially Dangerous  "Investing should be an integral part of your financial planning, but be aware that not all investments are created equal, and some can be financially dangerous".    
    Weidner: Wall Street needs a good shrink.    
    The Dow is an accident of history.    
    TARP didn't save banks, it ruined them- Kovacevich.    
    Wall Street greed, 5 years after the crash.    
   Survey- Part-Time Work Growing More Due to Economy Than Obamacare.    
    [video] Government shutdown brewing.    
    
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Tech Experts Express Concerns Over Twitter’s IPO Filing. "While many are all a-twitter about Twitter's IPO, there may be issues."   

    Market Wrap For Friday, September 13: Markets Erase August Losses On Light Volume.      Benzinga Weekly Preview: Fed Taper Decision Looming.    
    Inflation Update: PPI Comes In Above Expectations, But….    
    Economic Update: Retail Sales Sluggish in August.    
    Video Game Sales Rise Ahead Of PlayStation 4, Xbox One Release.       
    The Latest Microsoft CEO Search Scuttlebutt (MSFT).    
    Coming Soon: Microsoft Cortana vs. Apple Siri (AAPL, MSFT).    
  .    
    .Short-term, the indices seem to be tracing out another two-month cycle, although, I guess, we can't be sure until they hit new highs.
    Longer-term, when the Fed finally reaches the point at which it can raise interest rates (and that will presumably be after the tapering of QE...Quantitative Easing... has been completed), then we'll be at the threshold of an era when the Fed can once again use monetary policy to control the economy. Until then, I think we'll still be in unfamiliar territory.


2013-9-12 (Thursday): S&P 500 Snaps Seven-Day Rally; Miners Lead Decline; Stocks slip from near record highs. The NASDAQ Composite shrank 9.04 points (-0.24%) to end at 3,715.97. The Dow decremented 25.96 points (-0.17%) to end at 15,300.64; the S&P 500 declined 5.71 points (-0.34%) to 1,683.42. Oil closed at 108.72::;Oil futures top $108 as demand outlook improves  Gold ended at 1,321: Gold drops over 2% for lowest close in a month, The VIX fell 0.47 to 14.29.   
    "U.S. stocks slipped on Thursday, ending seven straight days of gains by the S&P 500 as a drop in precious metal prices dragged mining shares lower."    
    "The September rally is losing some steam after recent gains have pushed major indexes close to record levels. More"


Marketwatch says:     
    U.S. budget gap has been trimmed 35% this year.    
    On track for first sub-$1 trillion deficit since 2008.    
    Gold futures hit by ‘punishing selling pressure’.    
    Stanley Druckenmiller is lost in today's market.    
    Glitches cited as jobless claims drop.  "Benefits claims below 300,000 for first time since 2006, with caveat."  
    It’s about to get harder to buy a house.  "Home shopping? Step it up. Mortgages may be costlier and harder to get beginning next year."  
    U.S. stakes are high in Syria talks.  "Geneva talks on Syrian chemical disarmament should not only decide on military action but also test the White House."  
    Putin takes exception to ‘exceptionalism’.    
    Omnicom’s Ketchum placed Putin op-ed- report.    
    Putin's op-ed gets chilly reception on Capitol Hill    
    Merkel playing Red card.  "Darrell Delamaide says German chancellor may be inciting a new communism scare."  
    Stocks Heading for October Crash: “Take Some Chips Off the Table,” Merk Says.  "'The stock market is a risky game and that risk has been taken away in recent months,' says Axel Merk, president and CIO of Merk Investments."  
    It’s a ‘Stock-Picker’s Market’ – Time to Clap or Cringe-"We now have such a stock-picker’s market – more so than any time since before the financial crisis – with tickers moving according to individual company substance and the stories analysts tell about them, writes senior columnist Michael Santoli."  
    A 7-day rally in US stocks fades away.    
    There's no stopping September, at least not yet.    
    New iPhones Already Discounted at Walmart.  "Facebook tops IPO-day high as Sheryl Sandberg's visit to China sparks speculation that the social network is moving to expand to that vital market where it is currently blocked."
    Another Gold Rally Bites the Dust.    
    U.S. House cancels recess to work on gov't funding bill.    
    New iPhones Already Discounted at Walmart.  "Flirting can knock 20% off the price of a car, researchers say. Here are the different ways to go about it." 
    Washington mayor vetoes wage bill aimed at big retailers.    
    California Poised to Raise Minimum Wage to $10   "California lawmakers are poised to raise the state's minimum wage by 25% -- a move that would make the state's hourly workers among the most highly paid in the country" 
    Why Investors Have to Own iRobot  "The robot trend is in motion, says Howard Lindzon, CEO and co-founder of Stocktwits. And iRobot is 'the Intel of robot brands.'".  "One chart shows over 250 employers thus far have cut back on hours and employees in order to avoid Obamacare penalties."  
    Mass Layoffs, Growing Income Gap Are Part of McKinsey Legacy.    "Duff McDonald, author of “The Firm: The Story of McKinsey and Its Secret Influence on American Business.” discusses the secretive consulting firm"
    
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    How To Stop “Diworsifying” Your Portfolio. "In yesterday's missive, we exposed the fact that a diversified portfolio is dramatically underperforming the return of the U.S. stock market in 2013. While some may argue that we will soon see this phenomenon dissipate due to the propensity of financial assets to ultimately revert back to the mean, this fact isn't helping investors who are currently staring at retu...   Read More"   
   
Carl Icahn Just Bought More Shares Of Apple (AAPL).  "Carl Icahn just bought more shares of Apple.
"
    Some New ETFs Off To Impressive Starts.   "Over 70 new ETFs have come to market this year." 
    Market Wrap for Wednesday, September 11- S&P and Dow Close Up, Commodities and NASDAQ Close Down.    
    Google, Intel Team Up For New Chromebooks (GOOG, INTC).  "Apparently, Google and Intel Have teamed up to build better Chromebooks... "  
    Apple’s 64-Bit iPhone 5S Processor May Have Caught Samsung By Surprise (AAPL, SSNLF).    
    Apple’s iPhone 5C Could Boost European Sales (AAPL).       
    Big Picture Market Models – 9/12/13.    
    Jobs Update- Weekly Claims A Positive Surprise, But….    
    Wal-Mart Drops iPhone 5C, iPhone 5S Prices Ahead Of Launch (AAPL, WMT).    
  .    
    .Market futures are slightly positive again tonight


2013-9-11 (Wednesday): S&P 500 Up for Sixth Straight Session, Apple Falls; Investors rush to biggest bond deal ever. The NASDAQ Composite waned 4.01 points (-0.11%) to end at 3,725.01. The Dow jumped another 135.54 points (0.95%) to end at 15,326.60; the S&P 500 climbed another 5.14 points (0.31%) to 1,689.13. Oil closed at 107.70::;Oil prices score first gain in three sessions  Gold ended at 1,365: Gold falls for a second straight session, The VIX fell 0.71 to 13.82.   
    "U.S. stocks ended mostly higher on Wednesday, with the S&P 500 posting a seventh straight day of gains as a potential military strike against Syria was delayed, further easing geopolitical concerns."    
    "It's a bond bonanza. Investors are flocking to Verizon's newly issued corporate debt. More"


Marketwatch says:     
    Stocks rally for 7th day, but Apple weighs on tech.    
    It’s about to get harder to buy a house.  "Home shopping? Step it up. Mortgages may be costlier and harder to get beginning next year."  
    New hurdles for reverse-mortgage seekers.    
    Negotiate with moving companies.    
    How to get Apple’s new iPhone for free.  "Resale sites have reported a surge in trade-ins of old iPhones. Experts say consumers should act fast to lock in high enough prices to break even on the upgrade to a new phone ."  
    Apple’s iPhone 5S gives a shot in the ARM.    
    Apple suffers downgrades, Street’s still bullish.    
    Apple news stream: Track all the latest on iPhone and iOS launches ».    
    Apple crumbles under downgrades.    
    AT&T's 9/11 snafu: Will brands ever learn?,  "AT&T learns a difficult lesson when it sends a tweet commemorating the 12th anniversary of 9/11."  
    Sept. 11 — nearly 25% hadn’t yet been born.    
    Todd Harrison's Sept. 11 remembrances.    
    Apple misfires with not-so-cheap iPhone 5C"Ignoring low-end markets could be costly later on, writes Therese Poletti."  
    Even Ivy Leaguers default on loans.  "Princeton once again tops college rankings list. But is the New Jersey Ivy League school the smartest financial move for the nation’s smartest students?"  
    4 tips investors should never use.  "Some common advice can get new investors off to a bad start. You’d do better to ignore these tips."  
    Facebook leaps on China speculation.  "Facebook tops IPO-day high as Sheryl Sandberg's visit to China sparks speculation that the social network is moving to expand to that vital market where it is currently blocked."
    Why Bill Gross is doomed to lose money but not you.    
    Is oil an antitaper trade?.    
    How to flirt your way to the top.  "Flirting can knock 20% off the price of a car, researchers say. Here are the different ways to go about it." 
    The perfect storm.    
    Will Americans continue to work longer?   "With educational attainment leveling off, the trend toward later retirement is likely to slow as well." 
    List of employers who blame Obamacare for cuts in hours, jobs.  "One chart shows over 250 employers thus far have cut back on hours and employees in order to avoid Obamacare penalties."  
    Obamacare explained in plain English    
    GOP ties federal debt limit to Obamacare.      
    Medicare patients:  Obamacare not for you.  "Affordable Care Act is all about those under 65 who have no health plans, reminds Jennifer Waters."  
    Obamacare: What retirees need to know     
    Obamacare rates — and what could have been.    
    5 reasons to buy long-term care insurance.    
    Is the dollar warning of something bigger?.    
    Tesla to charge cars in Europe.   "To plug its Model S sedan, Tesla plans to build a full network of charging stations in Europe by the end of next year." 
    Apple Slammed: Howard Lindzon Says Avoid the 'Battleground' "It was the announcement that many consumers and investors had been waiting months for, namely Apple's new iPhone and operating system. But investors weren't impressed."  
    Why Everyone Was Wrong About Apple.  
    See: Forget Tesla, this automaker could hit highs.    
    Money can't make you happy: Here's what can.    
    Merk: Syria’s Implications for the U.S. Dollar.    
    What Obama’s Move Toward Diplomacy in Syria Means for Oil""   
    Former FDIC Chair: Financial Regulators Haven’t Done Enough.    
    Employers Look to Cut Back on Spousal Coverage.  "Your company may be having second thoughts about the health insurance it offers to your spouse. That means you might wind up paying more for that coverage or have to switch your spouse to another plan.”"  
    UK Unemployment Data Holds Promise of Economic Recovery.   
    CEO Behind Lehman Collapse Isn’t Sorry: Dick Fuld 5 Years Later  "The Center for Public Integrity looked at what happened to five former Wall Street kingpins to see what they are up to these days."   ..    
    Why a Strong Dollar Will Propel U.S. Markets Higher.  "Paul Hickey of Bespoke Investment Group says the vast majority of the world is snapping out of a period of severe torpor."    
    How Wall Street’s 6-Day Winning Streak Can Continue..    "Not two weeks ago market historians had us on guard for a disastrous September. So far nothing could be further from the truth."
    Markets Point Lower on Syria Decision; What to Make of New iPhones;  "Turmoil surrounding Syria continues to weigh on markets, while investors sort out the latest offerings from Apple." 
    Ask Farnoosh: How Much Will My Health Insurance Premium Subsidy Be?.    
    Mad dash to debt as rate window starts to close.    
    Stocks 'vulnerable to getting whacked': Strategist.    
    Hey Apple, where's that Steve Jobs-inspired iTV?.    
        
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Diversification (Is) For Dummies. "Most investors, almost all 401K owners, and the vast majority of professional financial advisors will likely agree that diversifying your investment portfolio across asset classes is the key to long-term success. While history will likely bear out the validity of this thesis, here's a news flash: Diversification is not working worth a darn this year! That'...   Read More"   
   
Apple’s Newly Announced $99 iPhone 5C, $199 iPhone 5S Coming September 20 (AAPL).  "Apple unveiled two highly anticipated smartphones today -- the iPhone 5C and the iPhone 5S...
"
    Permalink to Kaiser Study Reveals The True Cost Of Obamacare.   "" 
    Market Wrap for Wednesday, September 11- S&P and Dow Close Up, Commodities and NASDAQ Close Down.    
    Bob Corker Is Disappointed In Obama’s Message And Doubts Russia.    
    Investors Intelligence: Most Looking For Correction.    
    ‘Don’t Expect Leaps And Bounds From iPhone 5S’ Says Hudson Square Research’s Daniel Ernst.       
  .    
    .Market futures are slightly positive tonight.


2013-9-10 (Tuesday): S&P 500 Up for Sixth Straight Session, Apple Falls; Stocks rally again thanks to Syria and China. The NASDAQ Composite waxed 22.84 points (0.62%) to end at 3,729.02. The Dow hopped up another 127.04 points (0.85%) to end at 15,191.06; the S&P 500 climbed another 12.3 points (0.74%) to 1,684.01. Oil closed at 107.32::;Oil drops as strike on Syria looks less likely  Gold ended at 1,364: Gold ends down 1.6% as Syria fears recede, The VIX fell 1.04 to 14.58.   
    "U.S. stocks rose on Tuesday, with the S&P 500 on track for a sixth straight session of gains, as an alternative solution emerged to the Syrian crisis that could avert a possible Western military strike."    
    "Investors had a lot to be optimistic about Tuesday: Upbeat data from China, easing Syria concerns and the unveiling of two new Apple iPhones. More"


Marketwatch says:     
    Apple adds cut-rate iPhone, dubs 5S the ‘gold standard’.  "As widely anticipated, Apple has unveiled a lower-cost device, calling it the 5C. It replaces the iPhone 5 and is suited to emerging markets. It's "unapologetically" plastic and comes in multiple hues. Check it out here."  
    iPhone 5S? 5C? Some fans stick to the 2007 original.  "Rather than partake in the annual upgrade rite, some devotees remain loyal to first iPhone."  
     iPhone 5S comes with 64-bit A7 chip and is available in gold.    
    Release date set for iOS 7.    
    6 ETFs to play Apple's new iPhones.    
    Apple news stream: Track all the latest on iPhone and iOS launches ».    
    Wal-Mart to pay up to $300 for used phones.    
    Getting booted from the Dow is a blessing,  "Stocks removed from indexes tend to outperform the stocks that replaced them, says Mark Hulbert."  
    Visa to threaten IBM as Dow's heavyweight.    
    Self-driving Mercedes promised ‘this decade’.  "Daimler has road-tested an "intelligent drive" Mercedes S 500 prototype on public highways."  
    Tesla gets stuck in a rare rut"Up 350% in 2013, Tesla shares have taken a turn for the worse."  
    Volkswagen sales up on electric-car push.    
    Formula E takes electric cars for a spin.    
    McConnell opposes Obama on Syria.  
    Obama TV address on Syria revamped.    
    Obama push to hit Syria takes detour.    
    Dow sights set on 2nd triple-digit rise.  "Appearance of potential diplomatic solution for Syria ignites U.S. stocks." 
    The best Social Security advice tools.    
    As boomers age, say goodbye to 3% growth.   "Fast-growing GDP seen since 1950s can't be sustained as the population ages." 
    Should you care that Bernanke owns annuities?.  "The Fed chief's annuity holdings set off heated debate between lovers and haters of the products. Here are the arguments pro and con."  
    And the next Fed head is ..  "Does it really matter who chairs the Federal Reserve? Assuming he or she is qualified, the answer is no."  
    Banking dominos are set to tumble.      "Moves by regulators worldwide to strengthen the banking system still overlooks potential risks, writes David Weidner." 
    Medicare patients:  Obamacare not for you.  "Affordable Care Act is all about those under 65 who have no health plans, reminds Jennifer Waters."  
    Obamacare: What retirees need to know     
    Obamacare rates — and what could have been.    
    A look at health-care wait times in Canada.    
    Apple iOS 7: What the New Platform Will Mean for Business.    
    Apple Takes Wraps Off Cheaper, Multi-Hued iPhone 5C.   "Apple Inc introduced two new iPhones on Tuesday including the "iPhone 5C" that comes in five colors and starts at $99 with a contract, priced to bring one of the industry's costliest smartphones within reach of the masses in poorer emerging markets." 
    Top 1% in US Took Biggest Share Since 1928 "The income gap between the richest 1% and the rest of America last year reached the widest point since the Roaring Twenties, with the top 1% of U.S. earners collecting 19.3% of household income in 2012."  
    Welcome new billionaires! Ultrawealthy ranks grow.  
    Obama finds a very unlikely ally on Syria strikes.    
    Watch:: The new Dow component to watch.    
   Student Loans Are a Societal Problem, Not an Economic Threat- Economist.    
    Invasive Tactic in Foreclosures Draws Scrutiny.    
    Is Housing Affordability Going Down the Drain?.    
    Apple’s Cheaper iPhone Is Key to Elusive Chinese Market.  "Tuesday’s Apple event has been the subject of media speculation since invitations said the tech company would “brighten everyone’s day.”"  
    Does TechCrunch Controversy Expose Tech Industry Sexism Problem?.   
    Stocks Rally on Latest Syria Developments   ..    
    What the Yahoo Finance Newsroom Wants From the Next iPhone.    
    Born Digital: How Millennials Will Change the Workforce.    
    Stocks Ignoring Taper Talk…For Now
    Crude Oil Is Going Higher No Matter What Happens in Syria: Dicker.    
    U.S. News' Best Colleges"The 2014 rankings offer data on nearly 1,800 schools, including tuition and graduation rates."  .    
    The Health-Care Overhaul: What You Need to Know..    
    Obama: Diplomatic Solution to Syria 'Overwhelmingly My Preference'.    
        
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Have the Bears Missed Their Opportunity (Again)?. "Yesterday morning's meandering market missive ended with the following note, which seemed prudent at the time it was written: "While the bulls could always get something going should the situation in Syria subside quickly, the cycles suggest that it might be a good idea to be careful out there for a while." In fact, there has rarely been a time when it has be... - Read More"   
   
Syria Update: Military Strike Authorization – Senate Vote On Wednesday.  "Click here to get the developments surrounding the situation in Syria.
"
    Kaiser Study Reveals The True Cost Of Obamacare"In less than a month, insurance marketplaces open, and shortly thereafter, Obamacare will begin to hit American pocketbooks. "  
    Economic Update: NFIB Small Business Index Stalls in August.    
    China Update: Economic Data Above Expectations.    
    ‘Don’t Expect Leaps And Bounds From iPhone 5S’ Says Hudson Square Research’s Daniel Ernst.   
    Early Analysis: Possible Syria Solution in Focus.  
    Does Monday’s Slew of Secondary Offerings Signal a Market Top?.    
  .    
    .Market futures are flat tonight.


2013-9-9 (Monday): Wall Street Rallies on China Data; Dow Above 15,000;Dow jumps 140 points as Syria fears fade. The NASDAQ Composite leaped 46.17 points (1.26%) to end at 3,706.18. The Dow jumped 140.62 points (0.94%) to end at 15,063.12; the S&P 500 climbed 16.54 points (1.00%) to 1,671.71. Oil closed at 108.37::;Oil futures close higher to reclaim $108 level  Gold ended at 1,370: Gold declines for fifth session in six, The VIX inched up 0.08 to 15.85.   
    "U.S. stocks rallied on Monday, with the Nasdaq Composite ending at its highest level since September 2000, as upbeat data from China boosted sentiment about the global economy and concerns eased about an imminent Western strike against Syria. "    
    "Stocks ended higher Monday as concerns about what might transpire in Syria have ebbed -- for the time being at least. More"


Marketwatch says:     
    Dow Climbs Back Above 15,000, Nasdaq Hits Highest Level Since 2000.    
    Rising rates killing the recovery.  "Home buyers, companies, and cities and towns all getting squeezed. Job growth has suffered since interest rates began to rise, writes Brett Arends."  
    Ireland’s rain-or-shine welcome for retirees.  "Many of the 34 million Americans claiming Irish heritage hear the Emerald Isle's call."  
    Syria ‘welcomes’ Kremlin call.  "Syrian foreign minister reportedly open to Russian overture on chemical-weapons control."  
    In TV interview, Assad silent on chemicals.    
    Continuing Syria coverage in live stream ».    
    Taper chill in Hong Kong forecast,  "Craig Stephen sees Hong Kong as next in line to feel the effects of the U.S. central bank's trimmed asset buying"  
    Mercedes S550: Tour de force of technology.    
    ‘Everything is out of whack’.    
    Risks are rising in the S&P 500.  
    China is the most intriguing global value play.  "China offers the most intriguing value proposition today for the globally oriented investor, writes Matt Lloyd." 
    Don’t waste your time forecasting.    
    ‘Plateau’ seen in U.S. housing outlook.   "Americans' outlook on the housing market's rebound "has hit a plateau," Fannie Mae survey finds." 
    Take part in our poll — is the ‘Septaper’ off?.    
    Gold: Hurdles the market faces this fall.
    Mistaken lessons from the 2008 financial crisis.      "For some investors, the upcoming fifth anniversary of the financial crisis of 2008 is also the five-year commemoration of the last time they were fully invested in the stock market, writes Chuck Jaffe." 
    Americans have false sense of job security.  "Americans feel more secure in their jobs than they did before the financial crisis, despite dips in perks and pay."  
    Budget talks could alter 401(k), IRA rules.  "Obama proposals could alter tax landscape for small businesses, wealthy savers and IRA inheritors."   
    Apple’s iPhone ‘surprise’: how low it can go on price.    
    Amazon.com: No phone this year.    
    Apple’s an open book.    
    Land lines are cool again — almost.    
    NSA can tap smartphone data   
    Obama may tap Treasury’s Brainard for Fed.  
    New Aussie premier aims to halt carbon tax.    
    Consumers are keeping U.S. economy afloat.    
    Job Loss at $15 an Hour: Real Problem or Big Whopper-"There is growing public support for striking workers at the major fast food chains who are demanding $15 an hour, but will this sort of pay hike really lead to job loss and higher unemployment?"  
    Gas Powered Cars Are Here to Stay: AutoNation CEO.    
    Fannie, Freddie make billions--why shut them?.    
    Fed will get its inflation; here's who will pay.    
    Fewer households paying no federal income tax.   
    Forget the Jobs Data This Recovery is Built to Last: AutoNation’s Jack …Jeff Macke..    
    Taxpayers Turn U.S. Farmers Into Fat Cats With Subsidies.    
    GE to IBM Ending Retiree Health Plans in Historic Shift.    
    Wall Street Decides Syria No Longer Matters."Though the Senate isn't set to vote on Syria until later this week, a consensus is building on Wall Street that little or nothing will happen."  
    The New American Dream: It's Not What You Think"A recent Credit.com poll showed that nearly one in four people between the ages of 18 and 24 defined the American Dream as being debt-free."  
    Why Interning at 60 Is the New Retirement Plan"REUTERS Nancy Diao works part time, for a small stipend, at a Bay Area education nonprofit. But at 60, Diao isn't your average intern. She's a former executive who will spend her fellowship year at Breakthrough ".    
    Why Apple's iPhone event won't disappoint.    
    How Mom and Dad Can Gift a Piece of the House"One way to keep adult children closer to home- gift them a piece of the house. Most of the time, down-payment assistance from parents comes in the form of cash. But gifts of home equity are another option .".    
    A Map of America's Future: Where Growth Will Be Over the Next Decade.  "Our exclusive forecast for the United States' seven economic "nations" and three semi-autonomous "city-states.""  
    History Suggests Markets Will Soar When Fed’s QE Ends: Altucher.   
    [video] Perfect time to buy stocks: Pro.    
    Here’s What August’s Export Data Means for the Chinese Economy.            
        
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Syria Update: Military Strike Authorization – Senate Vote On Wednesday
.  "Click here to get the developments surrounding the situation in Syria.
"
    What Do The Cycles Say About September?  "It is said that September is the cruelest month, so we thought we sould see if the cycles confirm... Although our trek through Provence, the Cote D'Azur, and France's Château Country over the past couple weeks left little time for big-picture analysis of the stock market, the time spent on planes, trains, and automobiles returning to our side of the Atlantic certainly did. And while my list of topics to discuss in future morning missives is long at the momen... - Read More..."  
    NAAIM Survey: Active Managers Remain Cautious"Each week, the National Association of Active Investment Managers (NAAIM) asks member firms about their overall equity  exposure to the market. This week... "  
    Market Wrap for Monday, September 9: Nasdaq Bounces To 13 Year High.    
    Microsoft To Unveil New Surface Tablet September 23 (MSFT).   
    Amazon Denies Rumors of a Free Smartphone – For Now (AMZN).  
    Sony Unveils PlayStation Vita TV To Take On Apple TV, Chromecast (AAPL, GOOG, SNE).    
  .    
    .Market futures are up slightly tonight.


2013-9-6 (Friday): Wall Street Week Ahead: Markets could turn choppy as Fed, Syria risks mount; Jobs report and Syria fears whipsaw stocks. The NASDAQ Composite rose 1.22 points (0.03%) to end at 3,660.01. The Dow shrank 14.98 points (-0.10%) to end at 14,937.48; the S&P 500 dithered 0.09 points (0.01%) to 1,655.17. Oil closed at 108.37::;Oil futures close higher to reclaim $108 level  Gold ended at 1,370: Gold declines for fifth session in six, The VIX inched up 0.08 to 15.85.   
    "U.S. stocks could be in for a jolt of volatility in the week ahead as Congress debates whether to authorize a military strike against Syria and as the Federal Reserve's pivotal decision on winding down ... "    
    "It was a choppy day on Wall Street, thanks to a lackluster August jobs report and more concerns about Syria. More"


Marketwatch says:     
    Obama-Putin rift deepens as Putin vows aid to Syria.    
    Putin says Russia will assist Syria if attacked.    
    Stocks get positive.    
    More market reactions.    
    Follow the latest on Syria.    
    U.S. economy adds 169,000 jobs in August; more people quit looking,    
    Rex Nutting on why GDP is stuck at 2%- Low wages, fiscal drag.    
    Summers faces 'no' votes from Dems.    
    Breaking down the jobs report in charts.  
    Just enough to taper: Payrolls reactions

 "Here's a roundup of reactions from economists and lawmakers to Friday’s jobs report." 
    Fed futures cut projections for rate hike.    
    Evans could be persuaded to support taper.    
    Take part in our poll — is the ‘Septaper’ off?.    
    Gold: Hurdles the market faces this fall.
    Mistaken lessons from the 2008 financial crisis.      "For some investors, the upcoming fifth anniversary of the financial crisis of 2008 is also the five-year commemoration of the last time they were fully invested in the stock market, writes Chuck Jaffe." 
    Americans have false sense of job security.  "Americans feel more secure in their jobs than they did before the financial crisis, despite dips in perks and pay."  
    Nutting: Part-time work plunged in August.     
    Funding retirement with life insurance? Be wary.    
    Don’t leave spouse in money lurch.  "Barring an unusual accident, one spouse will die before the other. That fact poses a big challenge for your retirement-income plans."  
   Traders Struggle With Perfectly Terrible Jobs Number.   "The August jobs report missed expectations pretty much on all major fronts. But when you add it all up, it's just what the doctor ordered -- if the doctor is a trader or running an equity fund." 
    Stocks waver after weak US jobs data.    
    Jobs Market Bumping Along Bottom of Very Deep Hole: Economist   
    Krugman Overboard! Says Economic Policy a ‘Horrifying Failure’.  "Nobel Prize-winning economist and New York Times columnist Paul Krugman argues in his new column that U.S. economic policy over the last five years has been 'an astonishing, horrifying failure.'"  Whoopsie-doodle! The principal thesis that these gentlemen make in their article is that Paul Krugman is now saying that in January, 2009, he called for a stimulus package that was three times the size of the stimulus package that was actually proposed by the Obama Administration, whereas (quoth they) he did not. Um... guys, here is the link to his January 7, 2009, blog entry, "More stimulus notes". In it, he says, 
    "The new CBO budget and economic outlook is out. Above is its forecast for the GDP gap — the hole stimulus has to fill. I’d guess that the CBO estimate, which has unemployment averaging 8.3 percent in 2009 and 9 percent in 2010, is actually too optimistic (see 3, below), but even so it puts the Obama plan in perspective: a 3% of GDP plan, with a significant share going to ineffective tax cuts, to fill an 8% or more gap."
   
That looks to me as though he was calling for a 2or larer stimulus than the Obama Administration was submitting to Congress. 
    Jobs Report: Here’s Why the News Is Not So Great.    
    Jobs numbers good enough for 'taper light'.    
    Syria Crisis Trading Strategy Complicated by Fed Shift"The AAII Investment Sentiment Survey for the week ending Sept. 4 shows that froth is coming off investor sentiment and the bulls are fading a bit."  
    See: Falling college enrollment good for markets?.    
    Better Economic Reports, Sales Send Stocks Higher.    
    Syria Consensus Could Launch Stock Rally.  "Some investors trying to protect themselves from any market gyrations provoked by a deepening Syrian crisis are looking to oil as an alternative to top-rated government bonds, a traditional but currently unappealing haven in uncertain times."  
    A weak jobs report just landed with a thud on Wall Street. The numbers- 169,000 new jobs were created in August, just missing consensus estimates"A weak jobs report just landed with a thud on Wall Street. The numbers: 169,000 new jobs were created in August, just missing consensus estimates."  
    Forget the Jobs Data This Recovery is Built to Last: AutoNation’s Jack …Jeff Macke..    
    Once Again, Washington Holds the Cards, Wall Street’s Attention..  "The most anticipated fight in town is in our nation's capital, as Democrats and Republicans get set to take on the debt ceiling once again."  
    August Jobs Report: Instant Analysis and Implications for Taper.   "The jobs report for August comes in weaker than expected, as the labor force participation rate sinks." 
    Driving videogame may boost older brains."In study, "NeuroRacer" driving game helped people age 60 and over improve their memory function and attention spans."  
    Fed tapering still on track, hawk and dove agree"One of the Federal Reserve's most hawkish officials urged the central bank on Friday to curb bond buying to $70 billion a month when it meets later this month, while a noted policy dove agreed that the ..."  
    Malware! Fake CNN email says Syria attacked.    
    Why Apple's iPhone event won't disappoint.    
    Watch: Why McDonald’s is supersizing its prices.    
    Job growth disappoints, offers cautionary note for Fed.    
    Labor giant AFL-CIO, at 'crossroads,' seeks reinvention.    
    Dismal Jobs Report Sends Gold and Silver Higher.    
    Why Today's Jobs Data Won't Matter.    
    House leaning toward ‘no’ on Syria"A majority of House lawmakers are leaning against authorizing President Obama to use force against the regime of President Bashar al-Assad."  
    [video] What a 'no' vote on Syria means for Obama.    
    Iran plots Baghdad reprisal if Syria is hit- U.S.    
    Cruel, cruel September"Why is this month so cruel on portfolios? Forget the theories, just protect yourself"  
    A market correction ahead?"The underlying economy is still extremely weak, even after aggressive stimulus, writes Thomas H. Kee Jr."  
    Counterfeit dollars and real gold.    
    A bull market not ready to be put to rest.
    Fear a squeeze higher, not a crash.        
        
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Syria Update: Russia Aiding Syria With Arms Shipments, Would Assist Country In Case of External Attack”.  "Click here to get the developments surrounding the situation in Syria.
"
    Jobs Update: Nonfarm Payrolls Weaker Than Expected, Unemployment Rate Drops to 7.3%  "The Bureau of Labor Statistics reported that nonfarm payrolls increased by 169,000 in the month of August, though the increse was below concensus expectations."  
    Market Wrap For Friday, September 6: Late Day Sell Off on Anticipation of Weekend Syria Stand Off.    
    Benzinga Weekly Preview: Japan And China Take Center Stage; Syria Still In Focus.   
    As Global Stocks Rally, Don’t Forget These ETFs  
    Invest Like Legendary Investor Walter Schloss.    
    SLIDESHOW: U.S. Cities On The Rise, But Not The Ones You Might Think.    
    Nexus 5 Rumors Explode Following Release of Google YouTube Video (GOOG).    
  .    
    The markets moved up this week:


2013-9-5 (Thursday): Wall Street up as automakers, tech shares gain; Stocks rise for second day. The NASDAQ Composite rose 9.75 points (0.27%) to end at 3,658.79. The Dow climbed 6.61 points (0.04%) to end at 14,937.48; the S&P 500 added 2.00 points (0.12%) to 1,655.08. Oil closed at 108.37::;Oil futures close higher to reclaim $108 level  Gold ended at 1,370: Gold declines for fifth session in six, The VIX fell 0.11 to 15.47.   
    "Stocks rose for a second day on Wednesday as a possible military action in Syria was seen as limited and strong auto sales lifted investor confidence in the U.S. economy. The U.S. Senate Foreign Relations ..."    
    "U.S. stocks advanced Wednesday, with the Dow logging its best performance in over a month, thanks to a strong batch of economic and company news. But investors remain on edge as they consider the increasing likelihood that the U.S. will lead a military strike against Syria. More"


Marketwatch says:     
    U.S. stocks edge upward ahead of Friday jobs data.    
    Treasury yields close to 3% as prices tumble after economic data.    
    Greece headed for 3rd bailout- Eurogroup chief.    
    European stocks rally.    
    U.K. stocks climb,    
    Syria: What’s next in Congress.    
    Latest news.    
    Follow news live from the G-20 summit.  
    6 signs to watch in Friday’s jobs report.  "If payrolls data improve, that could be the signal Ben Bernanke needs to begin tapering" 
    Job growth slows, but Fed taper still in cards.    
    Service sector grows at fastest pace on record.    
    Factory orders fall 2.4% in July.    
    SocGen’s 4-step path for the Fed to exit QE.
    You’re getting a 2.9% raise next year — plan for it now.      "Joy, disappointment and amnesia are a typical sequence after getting a raise. You can do better." 
    Peruvians counterfeit millions of U.S. dollars.  "Move over, Colombia; Peru has reportedly become a center of counterfeit U.S. dollar production."  
    30-year mortgage rate rises to 4.57%.    
    Will the Smartwatch Kill Online Video?.    
    Samsung’s Galaxy Gear Smartwatch Shooting for Slice of Narrow Market.    
    Smartwatches: Why They’re Not the New Smartphone.  "A smartwatch is a way for a company to differentiate itself and there is demand, but the real profit center will remain in the phones, says BTIG analyst Walt Piecyk."  
   Jobs Report Preview: The Trend Is More Important Than the Number.   "The August payroll report due out Friday morning is set to be one of the biggest "What if?" moments the stock market has had to deal with in, well, a month, since the last cliffhanger morsel of data was released." 
    How Bill Gross is playing post-Fed market.    
    Best--and worst--of times for older workers   
    Biotech Sector Hits All-Time High.  "As bond yields rise dividend paying stocks are out of fashion but growth never goes out of style. No where is that more apparent than in the performance of biotech stocks in 2013."  
    What options market is telling you about gold.    
    Investors Becoming Less Bullish and ‘a Little More Afraid’"The AAII Investment Sentiment Survey for the week ending Sept. 4 shows that froth is coming off investor sentiment and the bulls are fading a bit."  
    See: Falling college enrollment good for markets?.    
    Better Economic Reports, Sales Send Stocks Higher.    
    Syria Consensus Could Launch Stock Rally.  "In order to get support on Syria the President is going to have to give something up on the budget. Anyone telling you otherwise is naive."  
    How to Fix the Sluggish Job Market: Dean Baker"The jobless rate has fallen to 7.4% (from a 10% peak in October ’09), but that’s largely because many people have stopped looking for work."  
    Gold and Energy Trades Are Over: Technical Analyst..    
    The gold rush is over. Is it time to buy?..  "Two years ago everyone was talking about gold. Today, it’s time to re-examine the case for owning it, says Brett Arends."  
    Illicit drug use soars among 50-somethings.   "Fewer teenagers are doing recreational drugs – but the boomers are picking up the slack." 
    Driving videogame may boost older brains."In study, "NeuroRacer" driving game helped people age 60 and over improve their memory function and attention spans." 
    At $58,000, this golf cart had better fly"A flying golf cart? That’s what upscale retailer Hammacher Schlemmer is promising with its Golf Cart Hovercraft."  

    Counterfeit dollars and real gold.    
    A bull market not ready to be put to rest.
    Fear a squeeze higher, not a crash.        
        
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Syria Update: U.S. Senate Panel Authorizes “Limited Military Strike”.  "Click here to get the developments surrounding the situation in Syria.
"   
    ISM Non-Manufacturing Index Well Above Expectations"The ISM (Institute of Supply Manage) non-manufacturing index for August shows the services sector shows the services sector of the economy expanded for the 44th consecutive month."  
    Permalink to Syria Update: U.S. Senate Panel Authorizes “Limited Military Strike”  ""  
    Market Wrap For Thursday September 5: Markets Flop Up and Down While Traders Aren’t Around.    
    Economic Update: US Factory Orders Fall.   
    Economic Update: ISM Manufacturing Best since April 2011"The latest data on the manufacturing sector was above expectations."  
    Market Models – 9/5/13.    
    Economic Update: Productivity and Unit Labor Costs.    
    Unemployment Update: Weekly Jobless Claims Show Improvement.    
  .    
    Market futures are down ¼ % tonight.


2013-9-4 (Wednesday): Wall Street Closes Up Modestly as Early Rally Fizzles; Stocks rise for second day. The NASDAQ Composite rose 36.43 points (1.01%) to end at 3,649.04. The Dow climbed 96.91 points (0.65%) to end at 14,930.87; the S&P 500 added 13.31 points (0.81%) to 1,653.08. Oil closed at 107.41::Oil settles at a more than one-week low under $108;  Gold ended at 1,393: Gold drops under $1,400 to a nearly two-week low, The VIX fell 0.73 to 15.581.   
    "U.S. stocks edged higher on Thursday as data pointed to stronger-than-expected economic growth, though geopolitical uncertainty over Syria limited gains."    
    "U.S. stocks advanced Wednesday, with the Dow logging its best performance in over a month, thanks to a strong batch of economic and company news. But investors remain on edge as they consider the increasing likelihood that the U.S. will lead a military strike against Syria. More"


Marketwatch says:     
    S&P is setting up for a drop below 1,600.    
    Analyst sees S&P 500 at 1,840 in 12 months.   "Morgan Stanley expects the index to climb sharply as economic growth accelerates in developed markets and stabilizes in emerging markets." 
    The markets may not have priced in decision on Syria.    
    Obama defends his Syria position during stopover in Sweden.    
    Putin: Russia could OK Syria strike,    
    French parliament to begin its own debate.    
    Support builds in Washington for Syria strike.    
    Assad is a sideshow to Bernanke"Bleat about air strikes all you want, all Wall Street really cares about is the Fed."  
     Fed's Williams expects tapering by year-end.   
    U.S. trade deficit snaps back.    
    Paul Merriman: Social Security is no substitute for bond funds.    
    Europe stocks drop.    
    Asia markets pull back.
    You’re a sucker if you believe Wall Street.      "It’s depressing exercise to review what the Wall Street gurus were saying five years ago, just before the near-collapse of the financial system, writes Mark Hulbert." 
    Pimco: It’s Gross vs. El-Erian.  "One’s an aggressive optimist, the other a worrywart. If these Pimco leaders can’t agree, what hope is there for investors, writes Paul B. Farrell."  
    Bill Gross flags rising fed-funds-rate views.    
    Investors keep pulling funds from Bill Gross fund.    
    Investors flee ETFs in record numbers.    
    Why travel agents aren’t pointless.  "When it’s so easy for consumers to plan and book their own travel online, does anyone need a travel agent anymore? Four cases where professional expertise beats DIY travel planning."  
    Emerging markets are bargains.   "Emerging-stock markets have missed pretty badly over the last six years. But now might be a good time for investors to target these developing countries, writes Conrad de Aenlle." 
    Das: Emerging markets crumbling like BRICs.    
    End in sight for Europe's debt crisis: Danske   
    5 ways to invest in the euro-zone revival.  "Is it time to say "au revoir" to the euro crisis? Matthew Lynn outlines the places where investors can take advantage of a brighter outlook."  
    Euro-zone business activity hits 2-year high.    
    Playing the euro-zone revival"Here are five ways to invest to take advantage of a rebounding European economy."  
    How to break health care’s stranglehold.  "The health-care industry can become a real market driven by real competition, industry analyst Joe Flower writes."  
    5 tips for retirement investors late to the game.  "Couples are marrying later in life and having children later — and pushing off retirement planning later. Here are five tips to get late starters into the game."  
    Workers strangled by health care.  "Why we pay so much for so little, and what employers will have to do about it."  
    Boomers blame the banks"Young investors bounced back from the 2008 financial crisis much faster. Why?"  
    Will tech startups survive the next recession?.    
    Psychology vs. retirement.    
    Electric cars to watch in 2013.   "All-electric cars are starting to pick up speed among 20-somethings who typically have shown little interest in cars. Prices are coming down, too." 
    Simple steps to avoid hit from growing bank fees.  
    Samsung Galaxy Note 3 and Galaxy Gear Smart Watch: Exclusive First Look"Just before Samsung's event today in Berlin, the company gave us a sneak peek at its just announced Galaxy Note 3, an update to the mega-screen Galaxy Note II smart phone, along with a new smart watch called the Galaxy Gear."  

    Bears Have a Window to Knock the Market Down: Todd Harrison.  "U.S. stocks were modestly higher in recent trading but financial markets remain on tenterhooks ahead of today’s Senate Foreign Relations Committee vote on whether or not to authorize strikes against the Syrian government."  
    Brace for Correction: Technical Analyst..    
    Nasdaq Reports Another Problem With Its Data Feed  "The Nasdaq had another problem with the main data feed that was at the center of the outage that brought trading in Nasdaq securities to a halt for about three hours nearly two weeks ago."
   Why Incomes Could Fall For the Next 30 Years.  "The next few decades could be uncharacteristically bleak, according to a new study." 
        
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Benzinga Market Primer: Wednesday, September 4: Manufacturing Data Supports Hope For A Global Economic Recovery.   "Click here to get the developments surrounding the situation in Syria.
"   
    Market Wrap for Tuesday, September 3: Acquisition Frenzy As Bankers Return From Summer Vacation.    
    US Stock Futures Flat; Beige Book In Focus.   
  .    
    Market futures are up a bit tonight


2013-9-3 (Tuesday): Wall Street Closes Up Modestly as Early Rally Fizzles; Microsoft Slumps, Syria concerns dampen investor excitement. The NASDAQ Composite increased another 22.74 points (0.63%) to end at 3,612.61. The Dow advanced another 23.65 points (0.16%) to end at 14,833.95; the S&P 500 added 6.8 points (0.42%) to 1,639.77. Oil closed at 108.56::Oil futures close at a more than two-year high  Gold ended at 1,413:Gold futures score first gain in four sessions, The VIX frll 0.40 to 16.61.   
    "U.S. stocks edged higher on Thursday as data pointed to stronger-than-expected economic growth, though geopolitical uncertainty over Syria limited gains."    
    "Worries over potential U.S. action in Syria chilled investor enthusiasm Tuesday and overshadowed optimism surrounding the announcement of two mega-mergers. More"


Marketwatch says:     
    Investors flee ETFs in record numbers in August.    
    5 ways you can prepare for the higher interest that are on the way.    
    Is $1 million in retirement funds realistic?,    
    ISM index at 2-year high.    
    Treasurys skid on manufacturing data.    
    European stocks struggle after Monday rally.    
    Building portfolios, BRIC by BRIC,"Many investors are rushing out of emerging markets, but others think this may be exactly the right time to get in. Check out what MarketWatch's experts have to say about BRICs." 
    Hulbert: Don’ts for the emerging markets.    
    Pursche: Russia leaves little for investors.    
    Think you know the BRICs?.    
    Two value plays in a slowing China.    
    See full September Trading Strategies report.    
    U.S. stocks lose steam on Syria worries.    
    S&P 500 trading volume lightest in 15 years   
    Forget Fed taper: Consumers are getting tapered.  "With investors focused on stocks screaming S.O.S. (Syria, oil, and Summers), Sep-taper is shaping up to be quite the month for markets, writes Michael Gayed."  
    Charting the S&P's   3-decade backdrop.    
    How Facebook, Twitter and other startups got big.  "The secret behind the rise of LinkedIn, Groupon and other tech startups is a little-known practice called ‘growth hacking,’ writes Ryan Holiday."  
    Tech trends changing life and work.  "From "Wiki-Work" to "FOMO", here are the ways technology looks set to cause a shift in everyday routines."  
    Spying on workers and keeping them happy.    
    Bosses: Use your own PC for work.    
    Why this is not 1994.    
    Retailers brace for a new holiday.  "What to call the rare day when Thanksgving and the first day of Hannukah coincide?"
    Labor pains — don’t count on jobless rate""Labor participation rates are falling, meaning joblessness is chronically understated.  
    Roth conversions & lower taxes.  "RetireMentors' Dan Moisand answers readers' questions about Roth IRA conversions."  
    July construction spending rises 0.6%..    
    How the jobs report will influence Fed  "If the August payrolls number tops 192,000, the 2013 average, the Fed could decide the economy is strong enough to begin tapering."
    Europe's debt crisis has met its end: Danske.   
    Brazil output falls more than expected in July..    
    Russia Stands With Syria ... But Why? (video).     
    Steinbrück may have to settle for No. 2 job.    
    When ‘Buy American’ means ‘Bye, America’.    
    ‘Back to school?’ Why it pays to stay home.   "If you look at the true cost of schiooling, you'll be left wondering: why bother?"
    Wall Street's minority report isn't good.    
    Your U.S. stocks' foreign accent.  "You may want to invest only at home, but big companies don't see it that way."  
   Kerry, Hagel press Syria case.  "Congressional debate on Obama's request to strike Syria kicks off Tuesday. House Speaker Boehner signals support"  
    Obama confident Congress will approve strike.    
    Israel says it, U.S. conduct joint missile test.     .    
    Congress Likely Unable To Block Action in Syria (video).    
    Home equity is financing some fun.  "Customer review of horse’s-head mask is among the funniest ever posted on Amazon.com." 
    Boring Tunnels Not Such a Bore (video)"Indian equities and rupee have been hammered this week, so there will be interest in the country's latest GDP report."  
    Cosmic Mystery Surrounding Black Holes May Be Solved (video).    
    How to Invest in Real Estate Now (video).    
    An Early Rally Fades on Syria"An early rally faded and the Dow Jones Industrial Average dipped into negative territory after the top Republican in Congress said he would support President Obama's call for the U.S. to take action."  
    Top U.S. Republicans back Syria strike as refugee crisis mounts.    
    UN chief: Strike on Syria may unleash more turmoil.    
    Fed Taper Talk Tackles ‘Incipient’ Housing Bubbles"New home construction spending rose to its highest level in almost five years in July, indicating rising rates might not be stopping some homebuilders. But have rising rates stopped some local housing bubbles in their tracks?"  
    New Lifeline for Home Buyers.    
    Surprise! September Isn’t as Scary as Everyone Thinks"For the past 70 years September has earned the dubious distinction of being the worst month of the year for the broader market, but in the past one to two decades, September has looked far less scary."  
    Welcome to September; What’s Not to Hate?.    
    Home prices push past rising rates, says report.    
    Watch: Gold or stocks? Gartman makes the call.    
    What's at stake for Russia in Syria.    
    Tesla Is the New Apple: Najarian"Any mention of the electric car industry leader's stock in a favorable light is met by the sneering contempt unique to bears."  
    Ill Wind Blows on Treasurys.    
    ECB's Draghi Tries to Shepherd Markets Fixated on Fed.    
    Why Market Volatility Will Continue Into Fall.    
    Who doesn't have to pay federal income taxes? 43% of Americans.    
    Which Fast Food Workers Hate Their Jobs the Most?  "Data from by Glassdoor.com identifies four chains where workers are not happy.    
    Attack on Syria? The worst and least-bad scenarios.    
    Forget tapering, here's the really big Fed deal.    
    
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Syria Update: Obama to Seek Congressional Approval; Boehner Supports “Call For Action”.   "Click here to get the developments surrounding the situation in Syria.
"   
    Market Wrap for Tuesday, September 3: Acquisition Frenzy As Bankers Return From Summer Vacation.    
    Economic Update: ISM Manufacturing Best since April 2011.   "The latest data on the state of the manufacturing sector was above expectations." 
    NAAIM Index: Managers Stay Cautious Due to Syria/Budget.  "Each week. the National Association of Active Investment Managers (NAAIM) asks member firms about their exposure to the equity markets. This week... "  
    After Stellar July, ETFs Shed $15 Billion In August.    
    Could Google Glass Be The Death Of Facebook? (FB, GOOG).    
    Europe Update: Manufacturing Sector Showing Improvement.    
    China Update: Manufacturing Sector Returns To Growth Mode.
  .    
    Market futures are flat tonight.


2013-8-30 (Friday): Wall Street Ends Higher on Rosy Data; Homebuilders Rally, Stocks higher as U.S. economy improves. The NASDAQ Composite regained 26.95 points (0.75%) to end at 3,620.30. The Dow advanced another 16.44 points (0.11%) to end at 14,840.95; the S&P 500 incremented 3.21 points (0.20%) to 1,638.17. Oil closed at 109.25::Oil futures close at a more than two-year high  Gold ended at 1,406: Dec. gold at $1,405.70 vs. $1,412.90 Comex close, The VIX rose 0.32 to 16.81.   
    "U.S. stocks edged higher on Thursday as data pointed to stronger-than-expected economic growth, though geopolitical uncertainty over Syria limited gains."    
    "Investors appear to be accepting the fact that the improving economy is actually good news. More"


Marketwatch says:     
    Pushback in U.K. over any Syria military action could affect U.S. plan.    
    Stock-market reactions to nine notable U.S. airstrikes.    
    Jobless-claims trend stays near six-year low,    
    U.S. second-quarter growth boosted to 2.5%.    
    Most of the jobless are also childless.    
    Brazil raises key rate to 9%, open for more hikes.    
    Iran may attack Israel if U.S. strikes Syria.   
    Obama, Rumsfeld and more on Syria.    
    Find the post-retirement work you want to do.  "Many plan some paid work in retirement. Andrea Coombes on how to find flexible part-time work."  
    Post-retirement jobs add money — and life.    
    12 tips to get your resume seen.    
    Why short sellers love China’s tall buildings.  "When a new world’s tallest building goes up, markets often come down, reports Brett Arends, with an eye squarely on China’s planned Sky City."  
    Live stream of latest Syria coverage.    
    5 things that could shake the markets in September   
    Obama moves toward solo strikes.    The Greeks said, "The gods first make mad those whom they would destroy." The Greeks called the madness "hubris", and claimed that it's followed by "nemesis". 
    U.K. parliament rejects Syria action.    
    Why Gas Is Edging Higher Ahead of Labor Day.  "Gas is getting a bit pricier ahead of Labor Day weekend. The average U.S. price for a gallon of gasoline rose by 1.8 cents to $3.56 a gallon Thursday, its biggest overnight jump in six weeks, according to auto club AAA."  
    Wall Street Ends Higher on Rosy Data; Homebuilders Rally.  "U.S. stocks edged higher on Thursday as data pointed to stronger-than-expected economic growth, though geopolitical uncertainty over Syria limited gains."  
    Economic Numbers Outweigh Worries of Syria Intervention on Wall Street.  "Favorable economic numbers outweighed worries today of U.S. intervention in Syria, as GDP estimates exceeded expectations."  
    Gundlach: This market is just 'fear and loathing'.    
    Fast food strike gets super-sized over wages.  "Fast-food employees across the country go on strike for higher wages and the ability to form unions without retaliation."  
    Economy Without QE May Not Look Much Different, Here’s Why.  
    Why Wall Street Wants Larry Summers (and Why the Rest of Us Should Not).    
    Why You Should Sell Gold as Soon as Missiles Fly in Syria: Najarian.  ""I believe [gold's] getting overbought at this point," says optionMONSTER's Jon Najarian."  
    Beyond Oil, Economic Implications of Syria Strike Are Immense..    
    Syria, Uneasy Markets Stoke Bond Demand; Can It Last?  "It's a country the size of Kansas with a population about that of Texas, but today, it could be argued that Syria is the most important place on earth.    
    Wall St. Fat Cats Imprisoned Like ‘Goodfellas’.   
    Oil Hits 2-Year High as Strikes Against Syria Expected 'Within Days'..    
    Brin Breakup Raises the Perils of Office Romance.   "Getting involved with a colleague or boss can turn into a minefield of problems. Here are some tips on navigating an office romance" 
    5 Dream Jobs That Aren't So Dreamy.  "On the big screen, some professions capture the imagination through their portrayals of fame and fortune. But perception doesn't always match reality. Years of difficult training, finding steady work and... "  
    5 Dream Jobs That Aren't So Dreamy.    
    My Credit Is a Mystery. Where Do I Start?.   "When it comes to earning great credit, knowledge is half the battle. Here's the basics on credit reports and credit scores" 
    Google soap opera gets a pass from investors.   
    ‘Wearable tech’ is about to take off.    
    Nearly half of all homes now bought in cash.  "Experts caution that this increase may not be a good sign for the health of the housing market."  
    Are companies overleveraged?.    
    Dumb questions and the Syria trade.    
    Are you a skillful investor or just lucky?.     .    
    Trade what you see, not what you believe.    
    Amazon’s funniest product reviews of all time.  "Customer review of horse’s-head mask is among the funniest ever posted on Amazon.com." 
    India GDP comes amid selloff (video)"Indian equities and rupee have been hammered this week, so there will be interest in the country's latest GDP report."  
    Nissan's new Datsun for under $7,000.    
    Nissan's new Datsun for under $7,000.    
    
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Permalink to Economic Update- U.S. Q2 GDP Revised Higher.   "The government's first revision for the second quarter of 2013 was revised higher.
"   
    Market Wrap for Thursday, August 29, 2013: Syria and U.S. GDP Driving the Rally.    
    Overlooked Bond ETFs for Risk-Takers And Yield-Hunters.    
    Syria Update: Push For Military Strike Faces Delays.    
    Consumer Update: Bloomberg Consumer Comfort Dips Lower.    
    Economic Update: Weekly Jobless Claims Figure Shows Improvement.    
    A German ETF For A Euro Decline.    
    .    
    Market futures are up a tad tonight.


2013-8-29 (Thursday): Wall Street Ends Higher on Rosy Data; Homebuilders Rally, Stocks higher as U.S. economy improves. The NASDAQ Composite regained 26.95 points (0.75%) to end at 3,620.30. The Dow advanced another 16.44 points (0.11%) to end at 14,840.95; the S&P 500 incremented 3.21 points (0.20%) to 1,638.17. Oil closed at 109.25::Oil futures close at a more than two-year high  Gold ended at 1,406: Dec. gold at $1,405.70 vs. $1,412.90 Comex close, The VIX rose 0.32 to 16.81.   
    "U.S. stocks edged higher on Thursday as data pointed to stronger-than-expected economic growth, though geopolitical uncertainty over Syria limited gains."    
    "Investors appear to be accepting the fact that the improving economy is actually good news. More"


Marketwatch says:     
    Pushback in U.K. over any Syria military action could affect U.S. plan.    
    Stock-market reactions to nine notable U.S. airstrikes.    
    Jobless-claims trend stays near six-year low,    
    U.S. second-quarter growth boosted to 2.5%.    
    Most of the jobless are also childless.    
    Brazil raises key rate to 9%, open for more hikes.    
    Iran may attack Israel if U.S. strikes Syria.   
    Obama, Rumsfeld and more on Syria.    
    Find the post-retirement work you want to do.  "Many plan some paid work in retirement. Andrea Coombes on how to find flexible part-time work."  
    Post-retirement jobs add money — and life.    
    12 tips to get your resume seen.    
    Why short sellers love China’s tall buildings.  "When a new world’s tallest building goes up, markets often come down, reports Brett Arends, with an eye squarely on China’s planned Sky City."  
    Live stream of latest Syria coverage.    
    5 things that could shake the markets in September   
    Obama moves toward solo strikes.    
    U.K. parliament rejects Syria action.    
    Why Gas Is Edging Higher Ahead of Labor Day.  "Gas is getting a bit pricier ahead of Labor Day weekend. The average U.S. price for a gallon of gasoline rose by 1.8 cents to $3.56 a gallon Thursday, its biggest overnight jump in six weeks, according to auto club AAA."  
    Wall Street Ends Higher on Rosy Data; Homebuilders Rally.  "U.S. stocks edged higher on Thursday as data pointed to stronger-than-expected economic growth, though geopolitical uncertainty over Syria limited gains."  
    Economic Numbers Outweigh Worries of Syria Intervention on Wall Street.  "Favorable economic numbers outweighed worries today of U.S. intervention in Syria, as GDP estimates exceeded expectations."  
    Gundlach: This market is just 'fear and loathing'.    
    Fast food strike gets super-sized over wages.  "Fast-food employees across the country go on strike for higher wages and the ability to form unions without retaliation."  
    Economy Without QE May Not Look Much Different, Here’s Why.  
    Why Wall Street Wants Larry Summers (and Why the Rest of Us Should Not).    
    Why You Should Sell Gold as Soon as Missiles Fly in Syria: Najarian.  ""I believe [gold's] getting overbought at this point," says optionMONSTER's Jon Najarian."  
    Beyond Oil, Economic Implications of Syria Strike Are Immense..    
    Syria, Uneasy Markets Stoke Bond Demand; Can It Last?  "It's a country the size of Kansas with a population about that of Texas, but today, it could be argued that Syria is the most important place on earth.    
    Wall St. Fat Cats Imprisoned Like ‘Goodfellas’.   
    Oil Hits 2-Year High as Strikes Against Syria Expected 'Within Days'..    
    Brin Breakup Raises the Perils of Office Romance.   "Getting involved with a colleague or boss can turn into a minefield of problems. Here are some tips on navigating an office romance" 
    5 Dream Jobs That Aren't So Dreamy.  "On the big screen, some professions capture the imagination through their portrayals of fame and fortune. But perception doesn't always match reality. Years of difficult training, finding steady work and... "  
    5 Dream Jobs That Aren't So Dreamy.    
    My Credit Is a Mystery. Where Do I Start?.   "When it comes to earning great credit, knowledge is half the battle. Here's the basics on credit reports and credit scores" 
    Google soap opera gets a pass from investors.   
    ‘Wearable tech’ is about to take off.    
    Nearly half of all homes now bought in cash.  "Experts caution that this increase may not be a good sign for the health of the housing market."  
    Are companies overleveraged?.    
    Dumb questions and the Syria trade.    
    Are you a skillful investor or just lucky?.     .    
    Trade what you see, not what you believe.    
    Amazon’s funniest product reviews of all time.  "Customer review of horse’s-head mask is among the funniest ever posted on Amazon.com." 
    India GDP comes amid selloff (video)"Indian equities and rupee have been hammered this week, so there will be interest in the country's latest GDP report."  
    Nissan's new Datsun for under $7,000.    
    Nissan's new Datsun for under $7,000.    
    
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Permalink to Economic Update- U.S. Q2 GDP Revised Higher.   "The government's first revision for the second quarter of 2013 was revised higher.
"   
    Market Wrap for Thursday, August 29, 2013: Syria and U.S. GDP Driving the Rally.    
    Overlooked Bond ETFs for Risk-Takers And Yield-Hunters.    
    Syria Update: Push For Military Strike Faces Delays.    
    Consumer Update: Bloomberg Consumer Comfort Dips Lower.    
    Economic Update: Weekly Jobless Claims Figure Shows Improvement.    
    A German ETF For A Euro Decline.    
    .    
    Market futures are up a tad tonight


2013-8-28 (Wednesday): Stocks Slammed! It’s Not Just Because of Syria, Stocks crawl back a day after sell-off. The NASDAQ Composite regained 14.83 points (0.41%) to end at 3,593.95. The Dow advanced 48.38 points (0.33%) to end at 14,824.51; the S&P 500 retraced 4.48 points (0.27%) to 1,634.96. Oil closed at 109.25::Oil futures close at a more than two-year high  Gold ended at 1,411: Gold futures take a breather after sharp gains, The VIX rose 0.28 to 16.49.   
    "It's all but impossible to tell if the market's weakness is all about Syria or of a dimming economic picture, potential disruption at the FOMC, or simple summer drifting."    
    "U.S. stocks crawled back Wednesday, even as uncertainty roils markets around the world and investors fret over the potential consequences of a U.S.-led military strike on Syria. More"


Marketwatch says:     
    Mortgage proposal aims to prevent a market meltdown.  "A new regulatory proposal is trying to ensure that the country’s housing-finance system is protected from another mortgage meltdown."  
    Don’t blame Syria for market rout.  "Many of the technical indicators had already turned negative before the Syrian “situation,” so to blame the current market decline on Syria is a mistake."  
    A case for the Philippines ETF?,    
    Syria, emerging-market crisis will stop the taper"Fed plans to taper will be shelved because the emerging markets crisis and the Syrian civil war will halt global growth in its tracks."   
    Google’s all grown up.  "Google is growing up, growing larger, and represents the orthodixy of big data, writes Andre Mouton."  
    Risk to markets isn’t from Syria.  Rising interest rates and above-average stock market valuations are a bigger threat to the stock market than the possibility of U. S military action in Syria.  
    White House has not yet vetted Yellen for Fed chair: report.   
    Pimco: Media 'sullying sentiment' over bonds.    
    India takes action on rupee.  "Rupee plummets to record low as risk aversion sweeps global markets ahead of a possible U.S.-led military strike in Syria."  
    Syria another ‘wall of worry’ for global markets.  "Investors around the world regain some composure, but the march toward a U.S.-led military strike against Syria is creating a second “wall of worry” for global markets struggling to digest the implications of Fed tapering."  
    Live stream of latest Syria coverage.    
    How Syria may roil stocks (video). "Stocks historically have fallen in the two weeks before U.S. military interventions, then rallied. GDP data also on tap."  
    Birinyi says: Buy Syria rumor, sell Syria news.  "In previous "limited" U.S.-led interventions in the Mideast, stocks fell in advance of military action, only to rebound the next month, says Birinyi Associates."  
    Boehner want answers before Syria strike.    
    Fraud, failure pay well for CEOs.  "About a third of highly paid CEOs over the past 20 years have led their companies to failure, bankruptcy or fraud, according to a new study. Al Lewis reports."  
    Retirement plans rebound, post-recession.    
    Retired women face unique financial issues.    
    The 12 best retirement investing lessons.  "Concepts and principles that Paul Merriman returns to again and again."  
    Get rich in the ‘Age of Megafires’: 2014-20.  
    Funds great with small caps, not shorts.    
    Syria: Market volatility and new U.S. warfront.    
    Bond bear could maul global markets.    
    Market technicals shaky in late August.    
    U.S. scores low on insurance literacy.    
    Bill Clinton to tout Obamacare.    
    Majority still oppose Obamacare.   "More people oppose the health-care overhaul than support it, but a solid majority also oppose conservatives' plan to defund it." 
    How to get $200 more a month in retirement.  "If you’re 25 years old and can spare $33 per month to stash away for retirement, that money could turn into about $200 per month when you’re retired."  
    Retiring boomers face caregiver shortage.    
    T. Rowe Price cracks down on 401(k)s.   "The fund firm bars trading by 1,300 American Airlines employees who made frequent short-term moves. But investors are crying foul." 
    0% isn’t zero cost.   
    When robots call, hang up.    
    Analysis: Syria, debt ceiling worry has markets questioning Fed taper.  "Until a few days ago, it looked like a sure bet that the U.S. Federal Reserve would announce the beginning of the end of its massive bond buying program in September. Now, investors are less certain. The"  
    'Broken market': Why more lies trouble ahead.    
    El-Erian- 'Time running short' for 'new normal'.    
    Facebook = win. But puts on financials….     .    
    $150 oil: The Syria fallout.    
    Watch: Wildfire damage seen worsening this fall.   
    Analysis: India finds price of expats' patriotism elusive as growth fades.  "The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again to plug a record trade ..."  
    How Would a Syrian Strike Affect U.S. Gas Prices?    
    [video] A tea party comeback?.    
    Syria Crisis Could Send Oil Toward ’08 Highs: Schoenberger.  "Oil spikes and stocks slump over tensions in the Middle East. That's the script you're going to be reading countless times over the next week."  
    Is It Too Late To Chase Gold After 20% Pop?      
    Is the Housing Recovery Still On Track?  "New housing data released Tuesday could give prospective homebuyers the motivation to make a bid on that home or condo they’ve been eyeing."   
    
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Inside Why Some Emerging Markets ETFs Are Cheap.   "It has been noted time and time again that stocks in select emerging markets are trading at substantial discounts to historical norms.
"   
    Economic Update: Pending Home Sales Dip Again in July.    
    Market Wrap for Wednesday, August 28: Fed Tapering Might Not Be Near.    
    Tweeted today:"The latest: China Joins Russia In Warning Syria Strike Would Have "Catastrophic Consequences"..."   
    .    
    Market futures are flat tonight.


2013-8-27 (Tuesday): Wall Street posts worst day since June on Syria concerns;Stocks slump on Syria fears. The NASDAQ Composite plunged 79.05 points (-2.10%) to end at 3,578.52. The Dow plummeted 170.33 points (-1.14%) to end at 14,946.54; the S&P 500 imploded 26.73 points (-1.59%) to 1,630.48. Oil closed at 111.20::Oil punches past $110 as Syria strike fears rise  Gold ended at 1,417: Gold futures rally 2% to highest since mid-May, The VIX rose 1.78 to 16.77.   
    "Fears over a possible U.S. military strike against Syria spooked investors Tuesday. More"


Marketwatch says:     
    Wall Street Slides on Worry West Will Strike Syria.   "U.S. stocks fell on Tuesday as signs grew of an impending military strike against Syrian President Bashar al-Assad's forces in retaliation for a chemical weapons attack on civilians last week." 
    Syria crisis adds impetus to investor flight for emerging markets.    
    Obama has not decided on military action in Syria: U.S. official,    
    Treasurys rise on Syria fears ahead of auction.    
    Strike against Syria could come Thursday: NBC.    
    Watch: Expert says 'world war' could start in Syria.    
    Amid fast growth in home prices, signs of moderation.   
    As investors shift, housing is new stock market.    
    Oil nears $109.    
    What are the 10 fastest-growing jobs in America?.    
    ‘Bull market? That’s bull’.    
    Syria worries push gold to new bull market.   
    What to know about Syria.    
    David Weidner on how ‘black squirrels’ have infested Wall Street.  "Big players rule the markets. The rest of us are in the same situation as before---trading on information that's a day late and a dollar short."  
    SEC sets Sept 12 meeting for Nasdaq tech glitch.    
    Nasdaq, NYSE disagree on 'flash freeze' details.    
    'Fake' orders chased E-Mini S&P, then vanished.    
    Why taper won’t be a squeeze.  "Like death and taxes, “taper” is coming, and the only question is when. But Irwin Kellner says that unlike death and taxes, it is no big deal."  
    Betting on September’s terrible odds.  "A bet that this coming September will see a decline needs to be based on more than just the dismal historical odds, writes Mark Hulbert."
    European stocks end at nearly 1-month low.    
    Lucke, leader of anti-euro party, getting luckier.    
    What ‘warning shot’ would do to oil prices.    
    Consumer confidence rises slightly in August.    
    Lew: Hill leaders lack plan to raise debt limit.    
    Short-term  budget deals more likely: analyst.    
    Most Americans don’t care about living near family.   "Property sizes, crime rates, schools and Whole Foods proximity are often higher priorities than nearby family." 
    How to get $200 more a month in retirement.  "If you’re 25 years old and can spare $33 per month to stash away for retirement, that money could turn into about $200 per month when you’re retired."  
    Annuities: Income now, later — or never.    
    Obamacare fueled part-time jobs?.   "Some believe that Obamacare is to blame for the recent increases in part-time employment, but the Federal Reserve of San Francisco says: think again." 
    Back to school? Know these tax breaks.   "If you’re going back to school to improve your resume in this still-weak job market, you should know about tax breaks that can help pay the bills." 
    5 ways you are blowing your kid’s college fund.    
    Cities where home-price growth is cooling the most.  "Offering a mite of relief to would-be buyers, certain cities are seeing some moderation in the home prices that have been racing higher for months."  
    Rapid home-price growth moderates slightly.    
    Bond bear could maul global markets.    
    Facebook = win. But puts on financials….     .    
    Time to be the lesser fool.    
    A healthy retrace is a good thing.   
    Human vs. Machines: Outage, Aftermath Expose Market’s Weakness.  "From last week’s Nasdaq outage to the passing of Muriel Siebert, the first woman to own a seat on the New York Stock Exchange – we’re seeing 'the end of an era in so many ways' on Wall Street."  
    Exclusive: Nasdaq, NYSE at odds on outage cause as SEC seeks facts.    
    U.S. SEC to meet exchange heads September 12 over Nasdaq outage.    
    Stocks Will Blast 10% Higher in 2014: Citi’s Levkovich"Near term, the weakness could continue but longer term, we're still firmly in a new bull market, says Chief U.S. equity strategist at Citi, Tobias Levkovich."  
    .Contempt for the Customer: Why Ackman Failed at J.C. Penney  "'I don't think [Bernanke's] going to come this far...and cause a mess for the next Fed chairman,' says Joe Fahmy, managing director of Zor Capital."    
    The Trillion Dollar Crisis Facing the U.S. This Century.  "'Wildfires are about four times more common in the U.S. now because of climate change,' says technologist Ramez Naam." 
    Short Stocks? Commodities? In a Market of Bad Signs, Where to Go Next.  
    Do Consumers See the Glass as Half Full?  
    Expect a 'significant' September boost: Trader    
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Economic Update: Consumer Confidence Above Expectations.   "After a week of very little economic data, the inputs start to pick up again
"   
    New Study May Suggest Link Between Earthquakes And Hydraulic Fracturing.    
    Apple Patent Suggests iPhone Smart Home Remote.    
    Politics Weigh On Eurozone.    
    Brent Elevated On Syrian Chemical Weapons Accusation.  
    The Top 10 Financial Tweets For Tuesday, August 27.    
    .    
    Market futures are up 0.2% tonight.


2013-8-26 (Monday): Wall Street Ends Mixed as Durables Data Reduces Fed Worry; Fed questions keep stocks in check. The NASDAQ Composite climbed 0.22 points (-0.01%) to end at 3,657.57. The Dow gave back 63.97 points (-0.43%) to end at 14,946.54; the S&P 500 lost 6.71 points (-0.40%) to 1,656.79. Oil closed at 106.28::Oil down as demand outlook dulls, supply woes ease  Gold ended at 1,402: Gold futures rise above $1,400 in electronic trade, The VIX rose 0.94 to 14.92.   
     
"U.S. stocks wavered on Monday after sharply weaker orders for long-lasting manufactured goods eased investors' worries that the Federal Reserve would soon begin to scale back its economic stimulus."
    "A new week has begun. And investors are asking themselves the same question: When will the Federal Reserve begin to pull back on its bond buying program? More"


Marketwatch says:     
    Gayed: Gold market’s message to the Fed is you’re bluffing.   "Gold has been getting destroyed by equities for most of 2013, but now that we are approaching tapering time, the metal has turned around, writes Michael Gayed." 
    U.S. stocks rise on Fed bets after downbeat data.    
    Surprise index shows just how much central banks influence the markets.   
    Wal-Mart hits the brakes on expansion in India.    
    Is gold near a bull market?.    
    Investor sentiment sinks, teeing up rebound.  
    Hot, dry weather boosts crop futures over 4%.    
    What ‘warning shot’ would do to oil prices.    
    Uber will order 2,500 driverless Google cars in 2023, columnist predicts.    
    Monday’s movers: Tesla rallies to record high.    
    Global gasoline, oil-products demand sets record.    
    Most Americans don’t care about living near family.   "Property sizes, crime rates, schools and Whole Foods proximity are often higher priorities than nearby family." 
    How to get strangers to do your chores.    
    George Soros and insiders love these stocks.    
    Will the bears remain in control?.    
    Kid gloves toward Yellen at Jackson Hole and other remaining thoughts.    
    U.S. business orders sink 7.3% in July.    
    Gold near a bull market? This week may not answer the question.    
    What really causes a company to fail.     .    
    The market in a minute: At the cliff’s edge?.    
    Fed seen making first taper move in September.   
    How to invest extra cash in this market.  "A lot of us are sitting on cash, and, says Michael Fabian, most can do better."  
    Buying a ‘flipped’ home?"Buyers always need to have an eye out for shoddy renovation work and learn to detect coverups — especially, reports Amy Hoak, in the case of "flips."  
    Microsoft zaps Google in the classroom.   "Microsoft took aim at rival Google as it touted "Bing for Schools," a search engine free of ads and with strict filtering of adult content."
    U.S. factories aren’t dead.  "Vincent Vittorio and Nathaniel McGill are confident that manufacturing is on the cusp of resurgence."
    Social Security crucial to U.S. middle class "Social Security is a vitally important source of income for most retirees, and a new report is full of facts and advice." 
    As Syria Turmoil Escalates, Where’s Worry of $200 Oil?"All politics and alleged atrocities aside, when it comes to the financial stories that arise from turmoil in this region, they typically boil down to one major theme: oil."    
    Watch: Don’t be deceived by S&P earnings.    
    Parents face the student loan double whammy.  
    Home prices across the US defy gravity.         
    Ballmer’s Legacy: It’s Complicated.   "Exiting CEO Steve Ballmer may have been too focused on defending Microsoft’s turf vs. creating world-altering devices, but criticism of Ballmer’s tenure has been 'a little too convenient and simplistic,' says senior columnist Michael Santoli."
    Social Security and civil service.  "Public servants have special retirement concerns. And if they are exempt from paying Social Security taxes, then beware."  
    Wall Street Ticks Up As Data Ease Fed Concern.   
    Durable Goods Miss? Time for Bears to Put Up or Shut Up.    
    Is Coke the Same as It Was 127 Years Ago? Maybe.    
    Time to Get Long Vietnam? The Case for Owning Frontier Markets"While emerging markets struggle, at least one big name investor says it's time to think even smaller, and is recommending a switch into what are known …" 
    Why foreign oil firms should look at Mexico.       
    Stocks, Bonds and Stamps? Big Opportunity in Tiny Pieces of Paper"Given the recent run-up in the stock market and spike in interest rates, investors are rethinking where the best returns on their money can be found."  
    Valuation Based Equity Market Forecasts: Q2 2013 Update.  
    Special Report: The QE Top.   .    .   
    Enjoy vacation--you're going to hate September!.    
    U.S. Treasury will hit debt limit in mid-October: report  
    Larry Summers to be next Federal Reserve chairman, CNBC says.
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
   
Weekly Preview: Economic Data Could Have Downside Risks.   "After a week of very little economic data, the inputs start to pick up again
"   
    Economic Update: Durable Goods Orders Well Below Expectations.  "The durable goods figure released this morning came in at the worst levels seen in nearly a year... "  
    Stocks Move Lower Following Kerry’s Remarks on Syria.    
    Big Car Makers Take Sales Back Seat To Tesla In California.    
    South Korea ETFs Prove Resilient.  
    Benzinga Market Primer: Monday, August 26: Emerging Markets Struggling To Stabilize.    
    Europe Funds Highlight Flaws Of Judging ETFs On Size.    
    .    
    Market futures are down 0.1% tonight..


2013-8-23 (Friday): U.S. stocks end up; Nasdaq, S&P gain on week; Microsoft pushes Nasdaq to weekly win. The NASDAQ Composite climbed 19.08 points (0.52%) to end at 3,657.79. The Dow added 46.77 points (0.31%) to end at 15,010.51; the S&P 500 gained 6.54 points (0.39%) to 1,663.50. Oil closed at 106.38::Oil futures end above $106, pare weekly loss  Gold ended at 1,399: oz in electronic trading, The VIX fell another 0.78 to 13.98.          
     "What Nasdaq technical glitch? The big story on the Nasdaq Friday: Microsoft's stock soared following news that its CEO Steve Ballmer will retire within the next 12 months. More"


Marketwatch says:     
    Economic data to delay taper? (video)"Big misses in the next round of economic data could push off expectations for when the Fed starts to taper. Investors watch the speeches in Jackson Hole with an eye to Haruhiko Kuroda."  
    Europe's week ahead: Carney speech (video).    
    Is a Relief Rally Due for Bonds and Yield Stocks?"A few signs are coalescing to suggest the bond-selling, rate-boosting scare might be tiring, writes senior columnist Michael Santoli." 
    Why Ballmer resignation rally may be misguided.   "Mark Hulbert finds investors place too much emphasis on who is — or is not — CEO" 
    Microsoft CEO Steve Ballmer to retire.    
    Who next for Microsoft?.  
    Poletti: Microsoft’s CEO search daunting.    
    Willard: Hello, Microsoft.    
    Steve Ballmer ends run as Microsoft's relentless salesman"Few CEOs wielded more power than Microsoft chief Steve Ballmer. And yet the company's first and foremost salesman never gained the respect he deserved for his role in transforming Bill Gates' tiny startup ..."  
    Fed future on the table at Rocky Mountain meet-up.    
    Continuous Fed coverage from Jackson Hole.    
    Keep buying Mortgage-Backed Securities until ready to end QE.    
    5 things Bernanke could do in his next life.    
    Job report will tell tape tale: Kroszner.    
    Here’s Why Bernanke and the Fed Seem Confused"Investors want to know when the Fed will tighten its easy-money policy. So, apparently, does the Fed itself."  
    New-home sales hit lowest rate since October.    
    ‘Made in USA’ is back.    
    Critics: Nasdaq shouldn’t run prices"Critics say Thursday outage shows regulators should take away the keys when it comes to allowing Nasdaq to run central pricing system."   .    
    Blame High-Frequency Traders for Yesterday’s Nasdaq Mess: Najarian"The markets are not set up to be 'fair and orderly' for investors; they are set up for the benefit of very fast, sophisticated pickpockets, writes Jon Najarian, co-founder of Optionmonster.com."  
    Scared By the Nasdaq Flash Freeze? Get Over It Says Fahmy.   
    Market Size + Complex Systems = More Glitches.    
    Exclusive: Electronic Broking Services takes new step to rein in high-frequency traders"One of the largest currency dealing platforms, ICAP's EBS, this week took a step to curb high-frequency trading on its network, the latest in a series of measures in the $5 trillion-a-day foreign exchange ..."  
    Connectivity issue between Nasdaq and Arca preceded outage: source"The vague "connectivity issue" that Nasdaq said triggered the outage that paralyzed a large part of the U.S. stock market on Thursday originated as a problem between Nasdaq and rival NYSE Arca, ..."  
    Yahoo beats Google in U.S. traffic.   "For the first time since 2011, Yahoo is No. 1 in Web activity. But looking at ad sales, it may make sense to hold applause."
    Nasdaq glitches are price of tech’s benefits.  
    Nasdaq CEO: 'Deeply disappointed' by glitch  
    What we learned from ‘black squirrel’.     
    Bulk of closure spent planning the reopen.    
    Hitler 'Downfall' parody tackles Nasdaq closure.  
    This muni-bond selloff looks like Lehman.         
    Colorado secession drive’s big picture.   "Split-up initiatives are an effort to block the tyranny of the majority, writes Darrell Delamaide. But where should we draw the line?"
    Social Security and civil service.  "Public servants have special retirement concerns. And if they are exempt from paying Social Security taxes, then beware."  
    Post-retirement jobs add money — and life.   
    Boomers: How to get your resume looked at.    
    Fed release means bull rages on.    
    Quit stockpiling your credit-card rewards.   "PerkStreet perks users, left empty-handed this week, have now learned not to trust credit-card rewards, says Jennifer Waters."
    Why foreign oil firms should look at Mexico.       
    Meet Obamacare's insurance salesmen"Private insurance brokers have a starring role in health reform."   
    Bond links: No home run in junk bonds.  
    Wake up, teen retailers: The niform is changing.   "It has been an ugly week for the three "A-teen" retailer chains. So who is it that's been eating their lunch?".    .   
    Ballmer’s Pending Departure Only Makes Mistakes More Obvious.  "While shares jumped on the news, the announcement should have highlighted yet again one of Ballmer’s biggest missteps among his many strategic errors – his failure to develop a successor, writes senior columnist Aaron Pressman."  
    Do Not Buy The Ballmer Bounce: Fahmy  
    Cereal killers: Americans' new breakfast habits.    
    Next 'great rotation' may be US to Europe stocks.    
    Fed's Lockhart, Bullard differ over Sept taper.    
    Watch: Why higher rates are good for stocks.    
    Nasdaq CEO 'disappointed,' faults 'other person'.    
    China Will Invest $1 Trillion Globally; How Much Will U.S. Get?"Author Orville Schell says China will invest more than $1 trillion globally over the next decade. Will the U.S. get its share?"  
    New-Home Sales Plunge as Mortgage Rates Rise.    
    ‘Spectacular’ Gold Rally Is Coming: Schiff.    
    Cheap Emerging Markets: Bargain Basement or Falling Knife-.    
    Top U.S. Airports to Be Stuck in Delay.    
    [video] FDA considering online e-cig sales ban.    
    U.S. stocks tread water; home sales disappoint.    
    [video] CFTC considering HFT controls.    
    The ABCs Of Dividend Investing, Part III: So Goes The Dividend, So Goes The Stock..   
    GDP Data Is Unreliable, Government Propaganda: Peter Schiff..    
    Early retirees less likely to die"Retiring early might have decreased deadly stress in Dutch male civil servants, study finds."   
    Talk to family members about your legacy.    
    When to roll over late spouse's retirement.    
    Differences in brains of extra-sharp seniors"A number of articles have surfaced lately examining senior citizens who don’t seem to have any troubles with memory or dementia."  
    Obamacare on Web: state hurdles.    
    High profit margins hint at pain to come"If you're wondering what may be the stock market’s Achilles’ heel, look no further than its dependency on near-record corporate profit margins, writes Mark Hulbert."  
    Carry-trade unwind could spell trouble"The performance of the currency carry trade and U.S. equities have long moved in lock step. Now the carry trade is falling apart as the stock rally remains intact. Stock traders should take note."  
    [video] Goodbye blue states, hello red states.    
    [video] Boehner: No government shutdown.    
    Google Glass is Dead On Arrival – Here’s Why..    
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Fed Update: Minutes Reveal Little on Tapering
.   "The minutes of the July 30-31 FOMC meeting did not say when the Fed would start to taper, but it did indicate that almost all members feel that a change in the purchase program (at the time) was not yet appropriate.
"   
    Market Wrap For Friday, August 23: Market Rally Is No Fallacy.    
    Weekly Preview: Economic Data Could Have Downside Risks.    
    Mid-Afternoon Market Update: Microsoft Surges on Ballmer Retirement as Autodesk Rallies Despite Poor Guidance.    
    Economic Update: New Home Sales Take a Dive.  "The Commerce Department reported new home sales in July fell by 13.4%"
    In The Face Of Tapering, Poland ETFs Push Higher.  "Over the past month, the list of worst-performing emerging market ETFs reads like a who's who of emerging market ETFs. But..."  
    NASDAQ Halted: What is a Tape C Security Anyway?"While there is a lot of jargong related to related to the NASDAQ trading issues, the bottom line is... "  
    MSFT CEO Steve Ballmer To Retire In 2014.  "Microsoft CEO, Steve Ballmer, will retire in 2014. The announcement, which was made just..."             
    NDAQ’s Robert Greifeld Responds To Thursday’s Trading Halt.    .    
    Don’t Write Off The PC Just Yet.    
    Inflation Update: Producer Price Index Shows No Inflation at Producer Level..    
    .    
    The markets appear to have bottomed this week, and may be starting to climb back up.


2013-8-22 (Thursday): Wall Street Ends Higher on Economic Data; Stocks higher after Nasdaq's 3-hour halt. The NASDAQ Composite regained 38.92 points (1.08%) to end at 3,638.71. The Dow reflated 66.19 points (0.44%) to end at 14,963.74; the S&P 500 climbed 14.16 points (0.86%) to 1,656.96. Oil closed at 105.05::Oil reclaims $105 as demand outlook improves  Gold ended at 1,375: Gold scores modest gain after China PMI data, The VIX fell 1.18 to 14.76.           
     "U.S. stocks closed higher on Thursday, boosted by positive economic data in a trading session marred by a historic trading halt on the Nasdaq stock exchange as a result of technical problems."    
     "U.S. stocks closed higher Thursday even after a technical glitch at the Nasdaq OMX caused a trading halt in all Nasdaq-listed stocks and options for more than three hours. More"


Marketwatch says:     
    U.S. stocks get a lift from global economic data.    
    Latest economic data show global manufacturing on an upswing.    
    Don’t get blindsided by the hidden costs of credit-card ‘rewards’.  "When cashing in rewards, consumers often get blindsided by fees and other costs — fine print buried in legalese."  
    China’s PMI rebound.    
    German bunds rise to 17-month high.    
    Absent Bernanke, 5 others to watch at Jackson Hole.  "These are the five brightest minds most likely to have an impact on the debate about when the Fed should exit its long-running bond-buying scheme."  
    Cult of central bankers has run its course.    
    Would you want Summers to mow your yard?.    
    Three reasons why Obama might not pick Yellen.    
    How the Fed could cause a crash.  "People forget that the infamous 1987 crash followed a surge in bond rates.Stock investors ignore rising interest rates at their peril."  
    More ready for death than old-age care?.    
    Meg Whitman is not succeeding at Hewlett-Packard"Nigam Arora says latest earnings provide freash evidence the star CEO has not been able to apply her magic touch."   .    
    Yahoo beats Google in U.S. traffic.   "For the first time since 2011, Yahoo is No. 1 in Web activity. But looking at ad sales, it may make sense to hold applause."
    Obama Unveils Plan to Make College More Affordable.  "President Barack Obama on Thursday proposed a new plan to tackle soaring higher education costs with a system that would rate colleges and universities based on their value for the money students spend and tie those ratings to disbursement of federal student aid."
    College Costs: Rising, Yet Often Exaggerated  
    If Home Sales Can Handle Higher Rates, So Can the Fed.   "The latest data shows the pace of home buying in July not only came in better than expected and at the best level since November 2009, but more importantly rose in the face of sharply higher borrowing costs."  
    Mortgage rate climbs to two-year high.    
    Here's who's really moving in with Mom and Dad.  
    CEO Pay: Should Companies Be Forced to Report Compensation?.     
    Hindenburg Omen Is About Marketing, Not Markets: Hoenig.    
    Wall Street Bounces Back After Strong Data.   "Stocks rose on Thursday, with the Dow industrials up for the first time in seven sessions after upbeat data from the world's top economies more than offset lingering uncertainty over the Federal Reserve's asset purchases stimulus program."
    In U.S., China, Europe, data points to global rebound.    
    U.S. August Auto Sales to Rise 12%: J.D. Power & LMC.   
    U.S. Labor Market, Factory Data Show Economy Firming.    
    J.C. Penney Adopts Poison Pill to Ward Off Any Coercive Takeover.    
    M&M’s Explain Economic Mobility.   "Yahoo! Finance's Rick Newman offers one way to look at income inequality and increasingly difficult economic mobility, the ability to jump from one income group to another."
    Interest Rates In Disinflationary Vs. Deflationary Environments.       
    Don’t Taper Too Fast: Manufacturing Is Just Getting Back in the Game.    
    Determined To Taper.  
    The Wild Card That Could Destroy Your Retirement.   "Not planning properly for long-term care costs could destroy your retirement"..    .   
    Find out which college became the first school in the U.S. to charge more than $60,000 per year.  "Find out which college became the first school in the U.S. to charge more than $60,000 per year."  
    Obamacare Subsidies: How Much Will You Get?  
    Jobless picture is worse than you think: Gallup.    
    Next 'great rotation' may be US to Europe stocks.    
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Fed Update: Minutes Reveal Little on Tapering
.   "The minutes of the July 30-31 FOMC meeting did not say when the Fed would start to taper, but it did indicate that almost all members feel that a change in the purchase program (at the time) was not yet appropriate.
"   
    Benzinga Market Primer: Thursday, August 22: Fed Minutes Offer Little Guidance, Bets Still On For September Tapering.    
    Mid-Afternoon Market Update: Markets Go Wild Following 3 Hour NASDAQ Halt.    
    Market Wrap For Thursday, August 22: Nasdaq Woes Overshadow Jackson Hole.    
    Early Analysis: Fed Minutes Leave Questions.  
    Europe ETFs Draw Bullish Praise.    
    Robert Hormats Wants More U.S. Infrastructure Without Political Influence.   
    Unemployment Update: Weekly Jobless Claims Rise In Latest Week.               
    Septaper Will Open Floodgates    .    
    U.S. Secretary of Education Arne Duncan Aims To Broaden Better Educations.    
    Inflation Update: Producer Price Index Shows No Inflation at Producer Level..    
    .    
    Market futures are slightly higher tonight.

2010 ECONOMIC OUTLOOK

Alternative Energy Investments     

Super-Bull Markets and Super-Bear Markets from 1871 to the Present

What's this going to do to my retirement? Can I ever make this up?

This "recession" is categorically different in cause and consequences than other recessions.

How large is the national debt, really?

What Should You Do About the Fluctuations in the Stock Market?

"With the economy sinking like a stone, how can anyone seriously claim that a new bull market is about to start?

 


2013-8-21 (Wednesday): Wall Street Closes Down in Choppy Trading; Dow Below 15,000; Investors confused by Fed. The NASDAQ Composite retreated 13.8 points (-0.38%) to end at 3,599.79. The Dow deflated 105.44 points (-0.70%) to end at 14.897.55; the S&P 500 fell 9.55 points (-0.58%) to 1,642.80. Oil closed at 103.60::Oil down a third session, closes below $104  Gold ended at 1,356: Gold ends lower, volatile in electronic trade, The VIX rose 1.03 to 15.94.           
     "Stocks ended lower on Wednesday after minutes from the U.S. Federal Reserve's July policy-setting meeting offered few clues on a time frame for a reduction in its bond-buying program."    
    "Investors had hoped the minutes from the Federal Reserve's latest meeting would answer questions about when the central bank would start to pull back on its bond purchases. They didn't. More"


Marketwatch says:     
    Fed tapering and the math investors need to know.  "The winding down of "QE" and return to "normal" interest rates changes absolutely everything in the markets, writes Brett Arends."  
    Fed says taper on track by end of the year.    
    Fed-minutes highlights..    
    Pimco’s El-Erian: Don’t wait till September to reposition portfolio.    
    Short sellers suffer worst losses in a decade. "Short sellers are facing their worst losses in at least a decade, as many of the rising stocks they bet against have only continued to soar."   
    Bill Ackman admits retail not his forte.    
    Soros is buying Ackman's longs (and shorts).    
    Treasurys extend fall on Fed update.    
    Emerging markets hit.    
    Wal-Mart signals competitive holiday to come.    
    A vicious cycle: U.S. yields, emerging markets.    
    S&P is crushing hedge funds so far.
S&P is crushing hedge funds so far
 "Average hedge fund is up 4% this year vs. S&P 500's 20% rise."   
    When Siri speaks, Carl Icahn listens.    
    Dangerous divergences unseen since 2007.   "Two indicators based on market divergences are flashing caution signs — or worse, writes Mark Hulbert."
    Fed plan to taper slams India, Turkey.  
    Fed weighs new tool to help with exit  
    Traders turn to China data.   "Markets will get their first reading on Chinese manufacturing this month."  
    Fixed-index annuities as bonds alternative-.    
    How to add $1 million to retirement fund.  "Delaying annual 4% withdrawal by a single year may make a huge difference."  In my estimation, this is a very good article on saving for retirement. He links to tables that show what would have actually happened if you had invested for retirement in 1970. He doesn't depend upon assumption but uses the actual historical data to arrive at his tables.
    Why home building has hit a soft patch.     
    Mortgage refinancing down 62% since May.    
    ‘The Amazon’ of health care.   "Garry Lauer, the Ceo of online insurance broker eHealth, on what it will take to insure millions under Obamacare."
    Apartment renters get luxe perks.   "Well beyond pools and gyms, today's high-end buildings aim to match the most upscale hotels." 
    Trends, volatility, the VIX and you.   
    5 signs consumers are crumbling.    
    Ah, to be young and uninsured..."A study shows that young adults, who many fear would not sign up for health coverage once Obamacare goes into effect, may actually want that health insurance after all."  
    The last bullish argument.   
    Commodity prices are about to explode.       
    Do like Zillow insiders and take some profits.    
    Fight Mark Carney and make a bundle.  
    Bogle’s raging battle for capitalism’s soul..    .   
    Want to save on college? Ditch dorms, campus.  "To lower the cost of college, more parents are suggesting that their kids skip dorm life, and perhaps even the campus altogether."  
    Grandparents' college contributions rising  
    Who’s a bigger snoop? NSA or your boss?.    
    New hires are bad at negotiating pay.  "Got a job offer? Don't leave money on the table. Jennifer Grasz of CareerBuilder tells Adrienne Mitchell that nearly half of employers are willing to negotiate salary but almost half of candidates don't."  
    Why Your Salary is Less Important than You ThinkInvestopedia.    
    Are your digital assets part of your estate plan? (audio).    
    Use a ‘power pose’ to change how your brain perceives you.    
    Ron Paul portfolio: 'Craziest' we've ever seen?.  
    How many 'busted' trades? They don't know!.    
    Fed Sends Few Clues on Timing of QE3 Reduction.   "Only a few Federal Reserve policymakers thought it would soon be time to 'slow somewhat' the pace of the central bank's bond-buying at a meeting last month." 
    German pol admits Greece will need more aid.     
    Cholesterol drugs will stay market leader.    
    Medical inflation still outpaces cost of living.     
    Fed minutes and the great taper debate.  "One of the most ominous market indicators has reared its ugly head this summer, flashing warning signs about the health of the U.S. stock market"  
    [video] FOMC minutes: Split over taper timing.   
    [video] Does welfare discourage work?.    
    Pain Trade Is Higher as Risky Season Approaches.  "It has been said that markets will always deliver the maximum amount of punishment to the broadest amount of people. Right now the so-called 'pain trade' would be for stocks to keep rising and bonds to keep falling."  
    Hindenburg Omen: Very Ominous, Highly Technical Warning Sign Returns   "One of the most ominous market indicators has reared its ugly head this summer, flashing warning signs about the health of the U.S. stock market." 
    Stagflation Is Here as Fed Succeeds at Inflationary Target.""I think what's happening now is a complete mirror image of what happened thirty years ago. We've come full circle," says economist David Rosenberg."   .    
    Meg Whitman Trying to Make Hewlett-Packard Less Stupid.  "Whitman doesn't have the ability to do a major acquisition, and the company's tight resources don't leave much available for long-term research and development."  
    For-Profit College Scams Hurt Students and Taxpayers.  "What’s the cost of deceiving students by advertising phony job placement rates to boost enrollment and revenue- Apparently just over $10 million."    
    Congress Will Play a 'Political Chicken' Over Debt Ceiling & Budget..  "When lawmakers return to Capitol Hill after summer recess, Americans should brace themselves for a “game of political chicken,” says to Olivier Knox, chief Washington correspondent for Yahoo! News"  
    Waiting for 'tapernado' to hit stock market .        
    Watch: What sector will soar in 15 years? "Asia's economic miracle looks increasingly vulnerable to the end of a decidedly earthly phenomenon -- five years of ultra-cheap financing sparked by the U.S. monetary policy dubbed "quantitative easing.".    
    Obamacare: 40% of companies to change plans.     
    Fed comfort still making everyone uncomfortable.       
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Fed Update: Minutes Reveal Little on Tapering
.   "The minutes of the July 30-31 FOMC meeting did not say when the Fed would start to taper, but it did indicate that almost all members feel that a change in the purchase program (at the time) was not yet appropriate.
"   
    Benzinga Market Wrap For August 21: FOMC Minutes Send Markets Spinning.    
    Early Analysis: Rates, Asia in Focus.  
    Rising Rates: A Problem For Some Dividend ETFs.  "If you''re an investor in ETFs focused on dividends, you don't want to see rates rising." 
    Industrial ETFs For Rising Interest Rates.               
    Housing Update: Existing Home Sales Surge in July  "Existing home sales surged in July, rising 6.5% from the previous month."  .    
    Post-China 16.    
    BlackBerry Patents Could Power Future iPhones, Android Or Windows Devices..    
    .    
    Market futures are slightly lower tonight.
2013-8-21 (Wednesday): Wall Street Closes Down in Choppy Trading; Dow Below 15,000; Investors confused by Fed. The NASDAQ Composite retreated 13.8 points (-0.38%) to end at 3,599.79. The Dow deflated 105.44 points (-0.70%) to end at 14.897.55; the S&P 500 fell 9.55 points (-0.58%) to 1,642.80. Oil closed at 103.60::Oil down a third session, closes below $104  Gold ended at 1,356: Gold ends lower, volatile in electronic trade, The VIX rose 1.03 to 15.94.           
     "Stocks ended lower on Wednesday after minutes from the U.S. Federal Reserve's July policy-setting meeting offered few clues on a time frame for a reduction in its bond-buying program."    
    "Investors had hoped the minutes from the Federal Reserve's latest meeting would answer questions about when the central bank would start to pull back on its bond purchases. They didn't. More"


Marketwatch says:     
    Fed tapering and the math investors need to know.  "The winding down of "QE" and return to "normal" interest rates changes absolutely everything in the markets, writes Brett Arends."  
    Fed says taper on track by end of the year.    
    Fed-minutes highlights..    
    Pimco’s El-Erian: Don’t wait till September to reposition portfolio.    
    Short sellers suffer worst losses in a decade. "Short sellers are facing their worst losses in at least a decade, as many of the rising stocks they bet against have only continued to soar."   
    Bill Ackman admits retail not his forte.    
    Soros is buying Ackman's longs (and shorts).    
    Treasurys extend fall on Fed update.    
    Emerging markets hit.    
    Wal-Mart signals competitive holiday to come.    
    A vicious cycle: U.S. yields, emerging markets.    
    S&P is crushing hedge funds so far.
S&P is crushing hedge funds so far
 "Average hedge fund is up 4% this year vs. S&P 500's 20% rise."   
    When Siri speaks, Carl Icahn listens.    
    Dangerous divergences unseen since 2007.   "Two indicators based on market divergences are flashing caution signs — or worse, writes Mark Hulbert."
    Fed plan to taper slams India, Turkey.  
    Fed weighs new tool to help with exit  
    Traders turn to China data.   "Markets will get their first reading on Chinese manufacturing this month."  
    Fixed-index annuities as bonds alternative-.    
    How to add $1 million to retirement fund.  "Delaying annual 4% withdrawal by a single year may make a huge difference."  In my estimation, this is a very good article on saving for retirement. He links to tables that show what would have actually happened if you had invested for retirement in 1970. He doesn't depend upon assumption but uses the actual historical data to arrive at his tables.
    Why home building has hit a soft patch.     
    Mortgage refinancing down 62% since May.    
    ‘The Amazon’ of health care.   "Garry Lauer, the Ceo of online insurance broker eHealth, on what it will take to insure millions under Obamacare."
    Apartment renters get luxe perks.   "Well beyond pools and gyms, today's high-end buildings aim to match the most upscale hotels." 
    Trends, volatility, the VIX and you.   
    5 signs consumers are crumbling.    
    Ah, to be young and uninsured..."A study shows that young adults, who many fear would not sign up for health coverage once Obamacare goes into effect, may actually want that health insurance after all."  
    The last bullish argument.   
    Commodity prices are about to explode.       
    Do like Zillow insiders and take some profits.    
    Fight Mark Carney and make a bundle.  
    Bogle’s raging battle for capitalism’s soul..    .   
    Want to save on college? Ditch dorms, campus.  "To lower the cost of college, more parents are suggesting that their kids skip dorm life, and perhaps even the campus altogether."  
    Grandparents' college contributions rising  
    Who’s a bigger snoop? NSA or your boss?.    
    New hires are bad at negotiating pay.  "Got a job offer? Don't leave money on the table. Jennifer Grasz of CareerBuilder tells Adrienne Mitchell that nearly half of employers are willing to negotiate salary but almost half of candidates don't."  
    Why Your Salary is Less Important than You ThinkInvestopedia.    
    Are your digital assets part of your estate plan? (audio).    
    Use a ‘power pose’ to change how your brain perceives you.    
    Ron Paul portfolio: 'Craziest' we've ever seen?.  
    How many 'busted' trades? They don't know!.    
    Fed Sends Few Clues on Timing of QE3 Reduction.   "Only a few Federal Reserve policymakers thought it would soon be time to 'slow somewhat' the pace of the central bank's bond-buying at a meeting last month." 
    German pol admits Greece will need more aid.     
    Cholesterol drugs will stay market leader.    
    Medical inflation still outpaces cost of living.     
    Fed minutes and the great taper debate.  "One of the most ominous market indicators has reared its ugly head this summer, flashing warning signs about the health of the U.S. stock market"  
    [video] FOMC minutes: Split over taper timing.   
    [video] Does welfare discourage work?.    
    Pain Trade Is Higher as Risky Season Approaches.  "It has been said that markets will always deliver the maximum amount of punishment to the broadest amount of people. Right now the so-called 'pain trade' would be for stocks to keep rising and bonds to keep falling."  
    Hindenburg Omen: Very Ominous, Highly Technical Warning Sign Returns   "One of the most ominous market indicators has reared its ugly head this summer, flashing warning signs about the health of the U.S. stock market." 
    Stagflation Is Here as Fed Succeeds at Inflationary Target.""I think what's happening now is a complete mirror image of what happened thirty years ago. We've come full circle," says economist David Rosenberg."   .    
    Meg Whitman Trying to Make Hewlett-Packard Less Stupid.  "Whitman doesn't have the ability to do a major acquisition, and the company's tight resources don't leave much available for long-term research and development."  
    For-Profit College Scams Hurt Students and Taxpayers.  "What’s the cost of deceiving students by advertising phony job placement rates to boost enrollment and revenue- Apparently just over $10 million."    
    Congress Will Play a 'Political Chicken' Over Debt Ceiling & Budget..  "When lawmakers return to Capitol Hill after summer recess, Americans should brace themselves for a “game of political chicken,” says to Olivier Knox, chief Washington correspondent for Yahoo! News"  
    Waiting for 'tapernado' to hit stock market .        
    Watch: What sector will soar in 15 years? "Asia's economic miracle looks increasingly vulnerable to the end of a decidedly earthly phenomenon -- five years of ultra-cheap financing sparked by the U.S. monetary policy dubbed "quantitative easing.".    
    Obamacare: 40% of companies to change plans.     
    Fed comfort still making everyone uncomfortable.       
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Fed Update: Minutes Reveal Little on Tapering
.   "The minutes of the July 30-31 FOMC meeting did not say when the Fed would start to taper, but it did indicate that almost all members feel that a change in the purchase program (at the time) was not yet appropriate.
"   
    Benzinga Market Wrap For August 21: FOMC Minutes Send Markets Spinning.    
    Early Analysis: Rates, Asia in Focus.  
    Rising Rates: A Problem For Some Dividend ETFs.  "If you''re an investor in ETFs focused on dividends, you don't want to see rates rising." 
    Industrial ETFs For Rising Interest Rates.               
    Housing Update: Existing Home Sales Surge in July  "Existing home sales surged in July, rising 6.5% from the previous month."  .    
    Post-China 16.    
    BlackBerry Patents Could Power Future iPhones, Android Or Windows Devices..    
    .    
    Market futures are slightly lower tonight.

2013-8-20 (Tuesday): S&P 500 Snaps Losing Streak After Mixed Retail Earnings; S&P 500 snaps four-day losing streak. The NASDAQ Composite gained 24.5 points (0.68%) to end at 3,613.59. The Dow dipped 7.75 points (-0.05%) to end at 15,002.99; the S&P 500 added  6.29 points (0.38%) to 1,652.35. Oil closed at 104.92::Oil drops 2%; Sept. contract ends under $105  Gold ended at 1,368: Gold futures close lower after weekly gain, The VIX fell 0.19 to 14.91.           
     "The S&P 500 broke its first four-day losing streak of 2013, although the Dow Industrials couldn't hold on, falling into the red in late trading."    
    "U.S. stocks ended mixed Tuesday, as investors focused on earnings reports from several major retailers. More"


Marketwatch says:     
    Stocks Advance as Retailers Offer Some Relief.    
    Markets Sliding Into Release of FOMC Minutes and Jackson Hole Summit.    
    The Rise of the Fed’s Jackson Hole Symposium..    
    Bulls need a better idea than the ‘Great Rotation’"Hulbert: The relationship between flows into stock funds and bond funds is pretty random"  
    National activity index less negative in July. "While some only now begin to debate "crash" or "no-crash," the best idea is to follow the clues that the market leaves for us, writes Avi Gilburt."   
    Treasurys rebound.    
    Why Obama might not pick Yellen.    
    Europe stocks slump.    
    Emerging markets hit.    
    Guardian: Officials destroyed our Snowden files.    
    Did all-nighters help kill investment-bank intern?.    
    Rats at Bank of America"David Weidner looks at how a rat nearly foiled a profitable plan to sell allegedly toxic mortgages to unsuspecting investors."   
    Finish Wall St. reform, Obama urges regulators.    
    ‘Damaged business’ is turning around.   "The retailer reported a wider second-quarter loss as comparable sales fell a bigger-than-expected 12%."
    Kyle Bass bets on a J.C. Penney comeback.  
    What’s on Wall Street’s wish list?"Wall Street seems to want both full-strength Fed easing and an improving economy, Irwin Kellner reports. And that’s just the start."  
    Do you owe the self-employment tax?.   "If you’re self-employed as a sole proprietor, partner, or LLC member, you may owe the dreaded self-employment tax, on top of any income taxes owed to the Feds and your state. Here’s what you need to know."  
    BHP is why not to be a contrarian.    
    Stents may not cut your risk of heart attack.  "The delay in the employer mandate will have little impact, as that part of the law affected very few people, a study says." 
    Here’s what’s driving stocks.     
    Why Fannie and Freddie are under fire.    
    Obamacare delay is no big deal: study.   "If you’re not counting Social Security as a part of your overall asset allocation, you may be missing out on bigger gains in your savings portfolio, writes Andrea Coombes."
    Who tops the list of Capitol Hill’s wealthiest with $355 million?.    
    Why U.S. investors need to care about the selloff in emerging markets.   
    3 Reasons Detroit Still Rocks for Technology.    
    Detroit Builders Aren’t Betting on a Housing Recovery, but Investors Are"'Investors who are looking to buy in Detroit and rent out a unit will find the math looks better in Detroit than almost anywhere else in the country,' says Jed Kolko, chief economist and vice president of analytics at Trulia, a real estate website."  
    J.C. Penney Sales Stumble but Back-to-School Up and Running"J.C. Penney's sales continued to fall sharply last quarter as shoppers balked at the fancier items in its relaunched home-goods section, but there were signs the retailer was winning back customers this back-to-school season."  
    NASDAQ Says to Review Batch of Options Trades.  "Nasdaq OMX Group said on Tuesday that Nasdaq Options and Nasdaq OMX BX Options will review all trades between 9:30 a.m. EST and 9:47 a.m. EST."     
    Are the Feds Unfairly Targeting J.P. Morgan?.   "Fair or not? How do you feel about the mounting number of cases piling up against JP Morgan Chase.Fair or not? How do you feel about the mounting number of cases piling up against JP Morgan Chase." 
    Mobius: India not yet a buying opportunity.  
    India ETFs:Behind the Mayhem..    .   
    Why Investors Should Ignore Economists.    
    Jeremy Siegel takes another shot at Robert Shiller's P/E ratio  
    Latin America corporate defaults hit four-year high, Moody's says.    
    Silicon Valley start-ups take perks to new level.    
    How Google Earth surveillance will protect forests.    
    Opportunity has finally arrived in the bond market.    
    Trading Deck: Why diversification isn’t helping investors this time.  
    Goldman issues mistaken options orders.    
    U.S. plans new cases on 2008 crisis: WSJ.    
    German pol admits Greece will need more aid.     
    Cholesterol drugs will stay market leader.    
    Medical inflation still outpaces cost of living.     
    Fed minutes and the great taper debate.  "The markets are eager to read the minutes of recent Fed meeting to see if the central bank had any second thoughts about a September taper."  
    July Fed minutes: What will they say?.   
    An ETF to bet on rate hikes ... but be careful.    
    New normal in Michigan factories is lower pay.  "The new face of U.S. manufacturing is on display here. More jobs are opening up, but they don’t pay what they used to, writes Barry Wood."  
    Is Tesla Model S the safest car ever?   "The Model S gets a 5.4 rating from the U.S. NHTSA — and that's on a 5-point scale." 
    Retirement: Inflation, taxes blunt 4% rule."The oft-recommended 4% retirement spending rule is based on unrealistic returns and is further hampered by inflation, taxes and life expectancy."   .    
    Retirement expectations rosier than reality.    
    How Many Americans are Saving More for Retirement-.    
    No all-in-one annuity cures; take a ‘PILL’..    
   Are Sports the Last Barrier to Cutting the Cord? . "The business model of cable television is starting to fall apart, the question is what's taking so long. As Americans begin to "cut the cord" and dump their cable companies once and for all, they have but one regret: once you stop paying for cable you can't see your local sports teams"       
    As Investors Mull QE Finale, Asia's Miracle Shows Signs of Wear "Asia's economic miracle looks increasingly vulnerable to the end of a decidedly earthly phenomenon -- five years of ultra-cheap financing sparked by the U.S. monetary policy dubbed "quantitative easing.".    
    Home Depot: Still the Most Important Stock (for Better and Worse).  "The stories of U.S. economic prospects, consumer conditions and stock-market outlook continue to be told most forthrightly by folks wearing orange aprons, writes senior columnist Michael Santoli."   
    Housing Market Won’t Recover Until Unemployment Falls Below 7%: Miller Samuel CEO"The housing market is rebounding but hasn't recovered yet, according to Jonathan Miller of real estate firm Miller Samuel"  
    Why These Housing Bubbles Are Not Like the Last One.    
    Why you may ask your job to drop health benefits.    
    See: Good jobs, pricey homes in the same cities.    
    See: Biggest gold story no one is talking about.    
    How broke is Detroit? It comes down to math.
    [video] 'Got to run the US like a business': Lemonis.    
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Has the Fed Lost Control?
.   "When there is no data to key off of, as has been the case so far this week, traders and their computers are basically left to on their own to ponder the big picture. And based on the action of the last four days, it doesn't appear that anyone is feeling especially optimistic right now. While we can argue until the cows come how about why the market is doing w... - See more at:
.Read More"   
    Benzinga Market Wrap For Tuesday, August 20: Markets Regain Some Losses.    
    Early Analysis: Rates, Asia in Focus.  
    Brent Slides As Worries About Fed Tapering Take Center Stage.   
    Euro Strong Ahead Of Manufacturing Data .               
    US Stock Futures Flat; All Eyes On Fed.    .    
    .    
    Market futures are flat again tonight.

2013-8-19 (Monday): Wall Street Ends Down for Fourth Session; Eyes on Fed; Bond bubble finally bursting? Rates creep up. The NASDAQ Composite declined 13.69 points (-0.38%) to end at 3,589.09. The Dow dipped 70.73 points (-0.47%) to end at 15,010.74; the S&P 500 subtracted  9.77 points (-0.59%) to 1,646.06. Oil closed at 107.68:: bbl  Gold ended at 1,368: Gold futures close lower after weekly gain, The VIX fell 0.08 to 13.99.           
     "U.S. stocks lost ground on Monday, with each of the major indexes falling for a fourth straight session as investors were hesitant to make new bets ahead of an expected slowing by the Federal Reserve of its stimulus."    
    "U.S. stocks ended down for a fourth straight day Monday. But bonds were the real story, as yields continued to creep higher amid chatter that the Federal Reserve could begin winding down its stimulus sooner rather than later. More"


Marketwatch says:     
    Mother of all divergences: what stocks, bonds tell us"The stock and bond market have historically agreed to go in opposite directions at all times, but they currently don't, and it could be a harbinger of dangerous times to come for investors."  
    Is the S&P 500 ‘crashing’ now?. "While some only now begin to debate "crash" or "no-crash," the best idea is to follow the clues that the market leaves for us, writes Avi Gilburt."   
    3 reasons to be bearish on U.S. stocks and 3 reasons to be bullish.    
    A down day would snap this 158-session streak.    
    Stocks Log First 4-Day Losing Streak of the Year.    
    Treasury yields jump to 2-year high.    
    Jaffe: Too many fund managers?.    
    Fed's Lacker: More QE won't help economy.    
    Obama, regulators to meet on Dodd-Frank.    
    One more retailer sings the blues.   
    Indonesia ETFs dive to 14-month lows.  
    Fed: Banks have to improve capital planning  
    Don’t worry about a crash before it’s time.   "The debate over whether we face 1987 crash conditions continues. This time, L.A. Little responds to Michael Gayed."  
    What to look for ahead of a crash.    
    How Google shares are cheaper than at the IPO.  "Nine years ago, Google went public at $85. The stock trades around $870. But by some other measures, shares are cheaper now than in 2004." 
    Retirement: Build your financial dream house.     
    Why Fannie and Freddie are under fire.    
    How to treat Social Security in your portfolio.   "If you’re not counting Social Security as a part of your overall asset allocation, you may be missing out on bigger gains in your savings portfolio, writes Andrea Coombes."
    Retirement portfolio looking like a yard sale?.  "Take a look at your current investments and make sure they still work for you."  
    Retirees get creative with reverse mortgages.   
    Has Fed tapering started?.    
    Who’s the bigger fool when it comes to gold?"Jeff Reeves is bearish on gold for the rest of the year, but when he investigated the other side of the trade, he found a lot of evidence to support the bulls."  
    10 things grad schools won’t tell you"Many people sought shelter from the recession by heading to graduate school, but enrollment has declined as the economy has improved."  
    More sex helps your earnings.  "Money can’t buy you love, but a new study suggests more lovemaking can end up helping  your bank account."  .    
    3 stock market lessons from‘The Twilight Zone’.   "For your consideration, the following three stock market lessons come directly from a wondrous place universally known as “The Twilight Zone.”" 
    Bond King Bill Gross meditates ... do you?.  .   
    Europe stocks drop as tapering concerns linger.    
    Where Housing Is Strongest and Weakest"Some markets are going gangbusters while others barely seem to have escaped the gloom."  
    Cities Leading in Housing Recovery.    
    Cities Lagging in Housing Recovery.    
    See: JCPenney burning through cash, UBS says.    
    Gartman still likes gold, but stumped on stocks.    
    Buy Gold Now That Soros, Paulson Are Out: O’Neill.  "Women are "gatherers", especially of information, when shopping for a house, Charles Rutenberg Realty explains."
    JPMorgan China probe sends chill through investment banks.    
    J.P. Morgan Bribery Probe: Is Cost of Doing Business in China Worth It-.  "Federal authorities are investigating JP Morgan’s hiring practices in China, looking at whether JPMorgan hired the children of powerful Chinese officials to help the bank score business, The New York Times reports."  
    Fannie, Freddie Should Recognize Bad Loan Costs Immediately: Watchdog.     
    Stocks vs. Economic Data: You Can Only Trust One.    
    Most of U.S. Is Wired, but Millions Aren’t Plugged In.     
    Why the DJIA Is Slipping Today.    
    Barry Ritholtz, CEO of Fusion IQ, trimmed his clients’ exposure to U.S. equities and used the gains to buy positions in unloved markets.   
    $15 Minimum Wage: Denny’s CEO Weighs In.  "A push to hike the minimum wage to $15 an hour is reportedly gaining traction in Seattle, where City Council and mayoral candidates are weighing the issue."  
    BlackJet Making Private Planes Available to More Travelers.    
    5 Insane Student Loan Stats.    
    Half of Millennials Are Oversharing Their Credit Info..    
    S&P presents 'amazing opportunity': Pro.    
    China's shift may mean coal's days are numbered..    
    Having a kid? You'll need $500,000 for college..    
    Job Seekers Sleep on Manhattan StreetAssociated Press  "Hundreds of men hunting for work spent several nights on a Manhattan street, lining up Sunday for a chance to get into a carpenters' union training program. Some brought sleeping bags, tents, lawn chairs..".    
    Apple to ship two new iPhones in early September, report says..     
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    It’s Time To Let Price Be Your Guide
.   "
Having spent the vast majority of the weekend in a moving vehicle carting my youngest back to her college in Des Moines, IA, I had plenty of time to "noodle" on the state of the stock market. And with the indices (especially the DJIA) having broken down into what appears to be at least some sort of a downtrend, the key question at this point in time is how low ca...Read More..."   
      NAAIM Index: Active Managers Growing Cautious.  "Each week NAAIM asks member firms about their overall equity exposure to the market. This week... "
    ETFs For Dividend Consistency"S&P CapitalIQ just ran a screen for atrractive opportunities among large dividend ETFs."
    Early Analysis: Traders On Their Own Today .               
    Weekly Preview: FOMC Minutes, Housing Market In Focus.    
    Consumer Update: Preliminary Reading of UofM Sentiment Index Softens in August.    
    Unrest In Egypt Continues To Support Brent Prices.    .    
    .    
    Market futures are flat tonight.


2013-8-16 (Friday): Wall Street slips, Dow posts biggest weekly loss of 2013; Stocks drop for 2nd straight week. The NASDAQ Composite declined 3.34 points (-0.09%) to end at 3,602.78. The Dow dipped 30.72 points (-0.20%) to end at 15,081.47; the S&P 500 subtracted  5.49 points (-0.33%) to 1,655.83. Oil closed at 107.68:: Oil ends volatile session higher, gains on week  Gold ended at 1,375: Gold's wild ride- What's next for the yellow metal-, The VIX fell 0.36 to 14.37.           
     "U. S stocks fell slightly on Friday, and the Dow2 industrials posted the biggest weekly loss this year as rising bond yields hurt shares paying rich dividends and earnings from retailers disappointed investors."    
    "Stocks fell for a second consecutive week, with the Dow and S&P 500 dropping more than 2%. While losses like this have been rare so far this year, it's pretty typical during the dog days of August. More"


Marketwatch says:     
    Why it pays to hold off on Social Security benefits.    
    Dow sees the worst week of the year.    
    Apple has best week since 2011.    
    3 key points on S&P 500's test of its moving average.    
    These charts explain a September taper.    
    Delete all your investing apps now.  "Smartphones make it easy to do these really dumb things."  
    Even the slackers get rich "Most people think of workplace bonuses as reward for top performers. But many recipients don’t meet that standard, according to a study. Many managers reward their lowest-performing workers regardless."
    Blazing new territory in frontier (markets)  
    Roubini’s Tweets as a contrary indicator.     
    Mobius on how Summers could surprise.    
    Gold's wild ride in 1  cool chart.  "What's next for the yellow metal? This interactive 6-month graphic holds some clues." 
    Silver scores 14% weekly jump.     
    Slowing earnings means a weaker Dow.    
    Price-to-earnings ratios can be misleading.   "Is the stock market overvalued or undervalued? Mark Hulbert breaks it down."
   The cities of the future.  "Which towns offer the innovation, infrastructure and economic and political progress to stay competitive."  
    Nutting: No one is investing for U.S.’s tomorrow.   
    Ellison wrong on Apple, says veteran analyst.    
    Paying for college 101"Jennifer Openshaw has tips on how parents can prepare for this potentially huge cost."  
    10 things grad schools won’t tell you.
    Plan to work after 60: Treat your body right.    .    
    Paying for long-term care without insurance.    
    Boomers fuel cemetery real-estate boom.  .   
    Cash isn’t trash.    
    Why investors shouldn't hoard cash  
    Emerging-market fears hide enticing valuation.    
    Did Larry Summers really save the world?.    
    Obama delays acting on climate change.    
    How men and women differ when home buying.  "Women are "gatherers", especially of information, when shopping for a house, Charles Rutenberg Realty explains."
    On further review...Buffett's having a bad run.    
    The $4 Trillion Choice: Stakes High for Next Fed Chief.  "It could be the biggest decision of Obama's second term - choosing Ben Bernanke's replacement."  
    Wal-Mart outlook reveals a tale of two consumers.     
    Coming Soon: The Slicker, Faster and – Maybe – Cheaper iPhone.    
    What It Takes to Start a Fast-Food Franchise.     
    Dovish or hawkish? Fed could make markets fly.    
    This Was the Week's Most Important Trend.   
    The way eight million people buy groceries may be about to change forever.  "The way eight million people buy groceries may be about to change forever."  
    Beware of Black Swans Coming Out of Washington, Says Lutz.    
    Oddities of a Commodities Crash: Maybe Diamonds Aren’t Forever.    
    Purple Chip Stocks: What They Are and Why You Should Own Them..    
    Walmart Earnings Disaster Exposes a Collapsing Economy: Davidowitz.    
    Fed Chair Debate Could Damage Economy: El-Erian..    
    Stock Market’s Like a Badger & Right Now Its Claws Are Out..    
    Top 3 Tips to Get the Most Money for Your Used iPhone...    
    Workers Going It Alone for Retirement Funds..    
    What I Learned From Living on Cash..    
     Big-Name Investors Get Long, Get Loud and Get Richer.  "This year the jawboning of stocks seems to be happening more often, more publicly, and by bigger-name investors.".    
    Dow 17,000 still likely in 2013: Jeremy Siegel..    
    Gold 'ridiculously oversold,' fund manager says.      
    Cracks in the consumer? (video).    
    Robbing the rich & famous (video).    
    Coldwell CEO: Interest rates still at attractive levels (video).    
    Are activists manipulating the market (video)?.    
    Is the worse behind for the euro zone (video)?.    
    Expect 'more of a rally' in Europe: Doll (video).      
 
   
I've moved the Reinhart-Rogoff discussion here. and the Mars articles here.

State of the Markets articles include:    
    Permalink to What Does The Market Fear The Most?
.   "If ever there was a self-fulfilling bearish prophecy, this was it. Everybody, everywhere has been watching the same lines in the sand, the same data, the same earnings guidance, and the same speeches by Fed officials. Everybody, everywhere knew that internal momentum had been waning, that complacency was running high, and that if the S&P 500 broke below important suppo... Read More...  
    Permalink to Google Search Just Got Smarter And More Personal.  "The ability to carry on an actual, personalized conversation with your computer, tablet or smart phone just got a step closer."  
    Market Wrap for Friday, August 16- Pullback In Equities Continues To Close Week.    
    EXCLUSIVE: Mortgage Marvel’s Rick Allen Chats Business, The Economy And Debt Reduction.    
    ETFs For Dividend Consistency
    Economic Update: Worker Productivity Up in Q2 .           
    Permalink to Consumer Update: Preliminary Reading of UofM Sentiment Index Softens in August.    
    Manufacturing Update: Empire Manufacturing Index Up for Third Straight Month.    
    Permalink to iPhone Popularity Declines In China.    
    Permalink to Housing Update: Starts and Building Permits Up in July.    
    Permalink to Early Analysis: Bears Looking For Follow Through.    
    .    
    The S&P 500 lost nearly 2% this week and is now down more than 3% since the 1st of August. There is a gap on its chart at 1631. A further 25 point drop would fill that gap.
    David Moenning asks "Is anybody but me concerned that everybody under the sun is expecting and can justify a further correction in stocks?"... suggesting that maybe the markets will turn up and short-squeeze the traders who are shorting the market.