Dennis Gartman: The Recession Is Over
We saw it happen two weeks ago – it’s over.
– Dennis Gartman in a recent interview, quoted in “Recession is over, says economist”, Fortune, August 6
We saw it happen two weeks ago – it’s over.
– Dennis Gartman in a recent interview, quoted in “Recession is over, says economist”, Fortune, August 6
The market has really sold off over the last couple hours. After being up strongly at the open on strong earnings news from Intel and others, the market has pretty much tanked (Nasdaq Chart). It looks like one of the…
I will be out of town early this week on business and I don’t know if I’ll be able to get any posts up. So I’ve decided to post this week’s Client Note. Every week I write a Client Note…
The most important earnings this week were Microsoft (MSFT) and Google (GOOG / GOOGL) Tuesday afternoon and now Apple (AAPL) and Amazon (AMZN) Thursday afternoon. The former posted stellar results and carried the market higher for most of the day…
Source: Chart from Tim Duy Tweet Every downturn is idiosyncratic, with one commonality: They all come after a period of Fed rate hikes – Tim Duy, Twitter, September 17 6:03pm PST History doesn’t repeat itself but it often rhymes –…
The market is bouncing around a lot, up big one day, down big the next, on not a lot of news. For example, last week it was down big on Tuesday, up big on Wednesday. It was up big yesterday…
Here’s what’s coming in economic news: The next employment report could show the economy adding jobs for the first time in two years. The next G.D.P. report is likely to show solid growth in late 2009. There will be lots…