AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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The Fed’s recent actions have led to a reevaluation of what it means to ‘fight the Fed,’ and it’s crucial for investors to understand the difference between a trading opportunity and an investable rally.
Since valuations have never been a good predictor of short-term price changes, they tell investors very little about what might happen next year.
The sudden change in the number of stocks trading above their 200-day moving averages might not be that scary if you take the long view.
The U.S. is “approaching recession”, says Pimco’s Bill Gross, joining a slate of negative economists who have dropped their GDP estimates.
