david trainerThe paramount innovation in the Federal Reserve’s statement yesterday was that it will keep interest rates low until at least the middle of 2013.

dtrainer / Tag: federal reserve, interest rate policy, Mr. Ben Bernanke / 0 Comments

david trainerThe market decline experienced thus far is closer to its beginning rather than its end. Recent market rises are likely just flashes in the pan.

There is nothing that politicians or regulators can do to prevent the natural price discovery that is critical to the long-term health of our capitalist system.

The market needs to go down again before it can sustain any future rise.

Editor's note: Publication of What the Market Wants was delayed until today because of some ambiguous results from our sector stats.  David Brown explains this in the sidebar at the end of the newsletter.

david / Tag: HDNG, IOSP, SRZ BRKS, VIX, VXX / 0 Comments