The Market Turns Volatile.

Posted by Mark Pettinga

Markets of all stripes—U.S. stocks and bonds, Japanese stocks and bonds, European bourses and bonds, currencies, and commodities—hit a huge air pocket Wednesday and Thursday in the wake of a string of alarming events. First was Federal Reserve Chairman Ben Bernanke’s seemingly equivocal message about … Read More »


BlackRock: We’re In ‘Methadone Market,’ Sell Your Inflation Hedges

Posted by Mark Pettinga

Jeffrey Rosenberg, BlackRock‘s (BLK) chief fixed-income investment strategist, this week compares current global monetary policy with a “methadone market” in which central banks are swapping one form of addiction for another, saying banks’ cure to the credit crisis has simply been more credit.

Yet … Read More »


Barron’s Offers A Sugestion The Stock Market Goes Higher.

Posted by Mark Pettinga

Barron’s jubilantly joins the hoopla over Dow 15,000, having predicted it early last year. But the hoopla is haunted by one surprising fact: In inflation-adjusted terms, the blue-chip average is still well below its record high of Jan. 14, 2000.

Social Security checks … Read More »


Be Aware of Risks When Looking For Yield.

Posted by Mark Pettinga

It’s hard to pass up a yield of 6% these days, so it’s little wonder investors have flooded into exchange-traded funds focusing on preferred stock. But many of these ETFs could end up hamstrung when rates start to rise, and can be at a distinct … Read More »