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Santa Claus Rally

Monday Wall Street rally: Santa arriving too late for stocks and bonds?

WASHINGTON, Dec. 21, 2015 – Short column today as Mr. and Mrs. Maven prepare for a short jaunt to Colonial Williamsburg, just downstate from the nation’s capital. After 2015’s brutal market beating, we both figure it’s time to recharge those batteries, the better to prepare for what’s likely to be an even weirder 2016 in ...

Thursday trading: Fed decision leaves punchbowl half-empty

WASHINGTON, December 17, 2015 – This column took a brief holiday yesterday to assess the impact of the Federal Reserve’s decision to raise interest rates just an eensy bit at long last. The long-awaited announcement, which brought the Fed’s long “Waiting for Godot” period to an end at last, caused Wednesday’s iffy rally to shift ...

Santa returns? Stocks rally hard for second day in a row

WASHINGTON, Dec. 15, 2015 – Conspiracy theorists are frequently mocked and ridiculed in the media, nearly always when they’re right of center—wherever the center really is these days. For that reason, the Maven tells you with both a straight face and a grain of salt that something weird is afoot on Wall Street this week. ...

Wobbly Wednesday stock, bond markets lost in the funhouse

WASHINGTON, Nov. 4, 2015 – The Maven finds himself continually searching for metaphors to describe, in understandable terms, what’s wrong with 2015’s stock markets, which seem to be wandering aimlessly from irrational exuberance to catatonia and everywhere in between. Like today. After two nifty rallies earlier this week, it’s red ink all over the place ...

Fed dispatches Santa Claus from Macy’s to Wall Street

WASHINGTON, December 18, 2014 – What a difference a day—and a word—can make. Earlier this week, a 10% stock market correction seemed well underway. But Wednesday, as if by magic, the bulls returned with a vengeance. It was just this past Tuesday, December 16, that stocks, bonds, ETFs and mutual funds all seemed to have ...