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A Buying Opportunity in the Making 04-14-14

Stocks rebounded today following their worst showing in two years last week. The selloff, which was not unexpected, has been nothing more than a much-needed correction following a better than 8 percent advance for the S&P 500 from the February lows. But investors are understandably skittish in light of recent overseas news. Read more about A Buying Opportunity in the Making 04-14-14

Special Market Update 04-11-14

Yesterday, U.S. stocks experienced one of their worst days of the year. The S&P 500 declined more than 2 percent for the third time this year, and after today’s action, all of the major averages are underwater for the year.
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The Economy Is Looking Ever So Slightly Up 04-07-14

The U.S. economy appears to be thawing out after this past winter’s deep freeze. But the warm-up is likely to be a slow process. Friday’s release of the March jobs report, for instance, offered a tepid assessment of the nation’s employment situation.
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Europe's Dance With Deflation 03-31-14

Janet Yellen today made her first public remarks since the press conference two weeks ago after the Federal Reserve’s policy setting meeting at which she spooked investors by implying the central bank would begin tightening credit in about a year. Other Fed officials subsequently hurried to dispel those expectations. Read more about Europe's Dance With Deflation 03-31-14

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March 2014

No Room For Complacency

By Stephen Leeb, PhD

Janet Yellen’s initial economic assessment sees the labor picture as more complex than a single statistic. This suggests the Fed will remain very easy even if the economy achieves one arbitrary marker. Rising markets and growing economies don’t implode absent either a bolt from the blue—which no one can predict—or Fed tightening. So barring a cataclysmic event, investors can likely rest easy this year and probably into 2015.

It’s the longer term that continues to worry us. The U.S. has seemingly become complacent in an important area where there’s no room for complacency. That could trip us up over the longer run. For now, though, we’ll put those concerns on the back burner and focus on companies that are... Read more about No Room For Complacency