The market rally in July was stimulated by better-than-expected earnings reports. Now we are entering the quiet period when most companies have already reported, and we won’t get much company-specific news until October, when companies report their third quarter results. Now the market seems to be driven by what I would describe as a nervous…
We just completed one of the best Julys in history with the S&P 500 up 7.56%. The reason? Earnings. It’s all about earnings. By and large, companies have reported earnings that have been far better than expected. Many in the mass media have been fretting about the fact that while earnings are indeed better than…
I am pleased to introduce you to a new service from Iron Capital. During the financial crisis last year we sent several unscheduled communications to you, our clients, letting you know our thoughts on what was happening and how it could effect you. We received very positive feedback on those efforts, so we have decided…
