Green Book August 1989
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Featured Articles
A Case of Stock Market Dynamite?
An increasing number of brokers and institutions are focusing on “Ecology Technology”. On a global basis, environmental problems are being recognized and increasing amounts of public money is being dedicated to addressing these problems.
Bond Market Summary
The bond market marked time for the first three weeks of July, but came on strong in the last five trading days. July gains in bonds did not keep pace with stocks, but most bonds were up a point or so for the month.
How Much More Is in This Market?
Clients are asking how much more is in this market? Herein we will attempt to provide an answer to this question, without the aid of charts, astrology, or Evel Knutson. Rather, we will employ over 60 years of historical valuation facts.
Joke of the Month
The July submissions from clients and friends were either unfit for publication or too “regional” to be appropriate for this publication’s global readership. This month's winner is from Morris K. Udall’s recent book “Too Funny to Be President”. Congressman Mo Udall’s book is great fun (Henry Holt, 1988). Pick up a copy.
Scanning the Markets
July was a very big month for the popular averages, with the DJIA up 9.0% and the S&P 500 up 8.8%. The big action was in big cap issues, with high quality growth issues featured (especially drugs).
View from the North Country
Recessions And Soft Landings....Why Stocks Have Moved Higher....New Zealand And Australia Update
We Need More Dean Witters
Last month Dean Witter announced they were getting out of the program trading business. Maybe some other big retail oriented brokerage firms will follow suit. A blowout day on the downside may be all that is needed.
“Just Get Invested!”
Wall Street pulled down the caution flags a few months ago. Correction became the consensus. But it wasn’t to be. All those newly converted late arriving bulls who were planning to add stocks on a 7%-10% correction never got their chance to put the cash to work.
Table of Contents
Stock Market
- View from the North Country
- “Just Get Invested!”
- We Need More Dean Witters
- How Much More Is in This Market?
Of Special Interest
Macro Monitor
Equity Strategies
At Random
A Case of Stock Market Dynamite?
An increasing number of brokers and institutions are focusing on “Ecology Technology”. On a global basis, environmental problems are being recognized and increasing amounts of public money is being dedicated to addressing these problems.
Bond Market Summary
The bond market marked time for the first three weeks of July, but came on strong in the last five trading days. July gains in bonds did not keep pace with stocks, but most bonds were up a point or so for the month.
How Much More Is in This Market?
Clients are asking how much more is in this market? Herein we will attempt to provide an answer to this question, without the aid of charts, astrology, or Evel Knutson. Rather, we will employ over 60 years of historical valuation facts.
Joke of the Month
The July submissions from clients and friends were either unfit for publication or too “regional” to be appropriate for this publication’s global readership. This month's winner is from Morris K. Udall’s recent book “Too Funny to Be President”. Congressman Mo Udall’s book is great fun (Henry Holt, 1988). Pick up a copy.
Scanning the Markets
July was a very big month for the popular averages, with the DJIA up 9.0% and the S&P 500 up 8.8%. The big action was in big cap issues, with high quality growth issues featured (especially drugs).
View from the North Country
Recessions And Soft Landings....Why Stocks Have Moved Higher....New Zealand And Australia Update
We Need More Dean Witters
Last month Dean Witter announced they were getting out of the program trading business. Maybe some other big retail oriented brokerage firms will follow suit. A blowout day on the downside may be all that is needed.
“Just Get Invested!”
Wall Street pulled down the caution flags a few months ago. Correction became the consensus. But it wasn’t to be. All those newly converted late arriving bulls who were planning to add stocks on a 7%-10% correction never got their chance to put the cash to work.
Stock Market
- View from the North Country
- “Just Get Invested!”
- We Need More Dean Witters
- How Much More Is in This Market?