Investors haven’t had much to be excited about through the first week of 2016. At no point has the S&P 500 been positive YTD. If this were to continue for the rest of the year, it would be the fourth time that this has happened since 1928. Those years were 1962, 1977 and 2008, or…

What happens to markets and the economy when the Federal reserve raises rates? This has dominated all financial news for most of the last two years. Of course, in the real world where everything is interconnected, if-then statements are utterly useless. Wilbur Wright, in McCullough’s fantastic The Wright Brothers, nails this concept when talking about…

Well that was an exciting day to start the new year. The S&P 500 (SPY) opened down 1.66%, fell another 0.95% and then rallied 1.2% into the close. When all was said and done it fell 1.4%, making today the worst opening day since 2008. While it may be interesting to look back at what opening…