What Investors Can Expect In The Months Ahead by Michael Lewitt, Editor, The HCM Market Letter
When investors watch stock prices move dramatically without any identifiable reason related to the fundamental business operations or results of a company, it destroys confidence in basic market processes.
The Financial Reform Train Wreck by Michael Lewitt, Editor, The HCM Market Letter
Just as with the tax on banks, the Volcker Plan misses the point, which should be to legislate the financial products that cause damage, such as naked credit default swaps. ... [ Full Story ]
Is the Stock Market Overvalued? by Michael Lewitt, Editor, The HCM Market Letter
As
long as companies can obtain credit at a reasonable cost and on terms
they can live with, the economy should continue to slog along and take
the stock market along with it.
