First Trust commentary – “Fed Will Make Excuses about Inflation”

Posted by on Mar 25, 2013 in Monthly Commentary | Comments Off

“Fed Will Make Excuses about Inflation”

Reprinted with the permission of First Trust

Brian S. Wesbury – Chief Economist, First Trust Bob Stein, CFA – Senior Economist, First Trust

Date: 2/25/2013

Inflation is tame. For now. the CPI (consumer price inflation) was flat in January and is up only 1.6% from a year ago. The PPI (producer prices) rose a small 0.2% in January and is up just 1.4% from a year ago.

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November recap by George Fisher

Posted by on Dec 6, 2012 in AMR, Monthly Commentary | 0 comments

George Fisher’s Market Comments:

“The markets will ignore the problems of the fiscal cliff – until they don’t”.  This is a common theme voiced by many investors.  It seems the election maintained the status quo of a divided government.  The most likely resolution to the fiscal cliff will be no resolution – or rather a compromise that will kick the resolution into next year with some tax increase and some spending cuts – enough for both sides to claim “Victory” to their constituents.  However, serious tax and entitlement/spending reforms will be put off for another day.  Supplement this with a new round of debt ceiling concerns in February 2013 and it would appear that the New Year may be a mirror of this year.

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Market Month: August 2012

Posted by on Sep 11, 2012 in Monthly Commentary | 0 comments

George Fisher’s Market Comments 9-1-12

The market reminds me of the TV commercial with the little old lady sitting up in her bed, clapping to darken the room. For the markets it could be “Risk On Risk Off” rather than “Clap On Clap Off”. With a “Risk On” clap, the S&P 500 advances to the upper end of its 3 yr range in the high 1300s to low 1400s and with a “Risk Off” clap, it falls to the mid 1200s. Currently, we are in a “Risk On” mode.

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George Fisher’s Market Comments 7-1-12

Posted by on Jul 12, 2012 in Monthly Commentary, Newsletter Articles | 0 comments

“Wandering Eye” is when one eye focuses on an object while the other looks the other way. In today’s environment, having a wandering eye could be a good thing as there are several important trends taking place.

  •  Europe continues to be a big question mark and has implications for the value of the US Dollar, short-term rates, and equity prices. Keep an eye on this.
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