AMJ Financial Blog

Monthly Archives: October 2013

The Markets- October 21, 2013

Do world stock markets believe Congress is just offering up some Halloween excitement?   Last week, they responded to the government shutdown in the United States and the possibility the U.S. might default on its debt for the first time ever with the bravado of teenagers standing in line for a haunted house. Markets around the… Read More

Categorized in: Market Commentary |

The Markets- October 14, 2013

Do world stock markets believe Congress is just offering up some Halloween excitement?  Last week, they responded to the government shutdown in the United States and the possibility the U.S. might default on its debt for the first time ever with the bravado of teenagers standing in line for a haunted house. Markets around the… Read More

Categorized in: Market Commentary |

The Markets – October 7, 2013

For Sturm und Drang enthusiasts, the third quarter of 2013 held plenty of mayhem and emotion. It began with an overthrow of Egypt’s democratically-elected government and ended with the United States government at risk of defaulting on Treasury and government obligations. In between:  Fed officials had a lot to say. Like background music that manipulates… Read More

Categorized in: Market Commentary |

Government Shutdown NOT Default is the Issue.

  Recently I had the opportunity to hear Robert Stein, the Deputy Chief Economist, of First Trust Advisors L.P. a financial services firm, give a speech on the situation we face in Washington D. C. Immediately prior to joining First Trust; Mr. Stein was Assistant Secretary for Economic Policy at the U.S. Treasury Department. Prior… Read More

Categorized in: Consumer Spending |

The Markets- September 30, 2013

“It’s déjà vu all over again,” Yogi Berra reportedly said as he watched Yankee teammates Mickey Mantle and Roger Maris smack back-to-back home runs for the umpteenth time.  Americans are experiencing déjà vu all over again, too. Sure, the prospect of another fiscal showdown doesn’t electrify a crowd like a couple of major league home… Read More