Bulls Back In Control Stocks rallied in the third week of September after several global Central Banks across the developed world clearly reaffirmed their easy money stance. From where we sit, the primary driver of this very strong 5.5 year bull market has been easy money from global central banks. Remember the S&P 500 (SPX) has soared when…
What Is A Hedge Fund? In the simplest sense, a hedge fund is a firm that invests capital for its investors. Typically, hedge fund clients are institutional investors (anyone who is charge of allocating a large pool of capital) or accredited investors (e.g. high net worth individuals).The traditional definition is that hedge funds are able…
Stocks Snap A Very Strong 5-Week Win Streak Stocks fell in the first week of September, causing the benchmark S&P 500 (SPX) to snap a 5-week win streak. During that very strong 5-week win streak, the SPX rallied from 1904 to 2011, or 107 points (or +5.6%). That is a large move by any normal definition….
The Bulls Remain In Control Stocks rallied over the shortened holiday week after the European Central Bank (ECB) fired a bazooka and the US jobs report came in weaker than expected (which means the US Fed will maintain its “easy money” stance. We would argue that the primary driver of this very strong 5.5 year bull market…