Is Our Divergent Market About to Crash?
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the divergence between a rising market and stumbling economy, what history tells us about what may happen next and if we are forever stuck in a zero interest world.
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The Debt Rises, The Economy Sinks
Despite being dispirited by the one-sided nature of the debt ceiling deal, most of us were looking forward to reaping the rewards from its only ancillary benefit; the impending stock market rally. Much to our chagrin, the Dow dropped precipitously, losing over 800 points since the opening bell on Monday. After the initial euphoria from the debt ceiling hangover began to subside, people have been | Read More »