“A wizard is never late, nor is he early, he arrives precisely when he means to.” – Gandalf, Lord of the Rings Sorry I’ve been incommunicado all day. frankly, there’s not much to talk about at the moment. Just on the surface, it would appear that it’s too early to buy the dip, nothing’s really…

Stephen J. Guilfoyle “Sarge” was previously the U.S. Economist at Meridian Equity Partners from 2007 following a long career at Credit Suisse. Stephen has worked on the trading floor of the NYSE continuously since July 1987 and actively serves as a Sergeant in the National Guard. *** Good Morning, Something significant happened over the weekend…

The Euro Crisis never dies, it transmogrifies.

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Sell them and you’ll be sorry, Buy them and you’ll regret, Hold them and you’ll worry, Do nothing and you’ll fret. – origin unknown It’s decades old, this saying. It never changes – it could be hundreds of years old and used to describe coffee beans or barrels of molasses or parcels of land or…

This bailout may have averted the immediate risk of disorderly default and Euro exit, but economically it is completely insane. And it is dangerous, not just for Cyprus but for other countries too. For the fact is that deposit insurance everywhere in the EU has now been undermined. The precedent has been set for insured…

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Does the economy eventually have to catch up with the stock market – or confirm it if you will? Or, in failing to do so, will the economy eventually drag stocks back to “reality”? The answer to both is maybe, eventually, probably. The financial blogosphere has come alive this week with a discussion about the…