Saturday, January 31, 2015

Us Equity Market Review For the Week of January 26-30; We're Getting Defensive, Edition

This is over at

So, what’s the conclusion to draw from all this information?  First, global headwinds caused by the higher dollar, cheaper oil and slower global growth are clearly having a negative impact.  In fact, the effect is so strong that it’s preventing a meaningful upward move to new highs.  This also means that we’re moving from a “you can throw a dart at a dartboard and pick a winner” market to very much a stock-pickers market.  And, as upward growth has more or less stalled for the time being, adding an income component to any purchase is a good idea.