Cold weather and tensions between the U.S. and Russia dominated the headlines during the first quarter.
2013 was quite a remarkable year. Equities had an essentially uninterrupted advance, with the major averages climbing steadily and producing an overall gain for the market of more than 30%.
After weeks of media reports concentrated on a dysfunctional Washington, now is a good time for investors to step back, take a deep breath and focus on the many positive signals coming from the U.S. economy.
While much of the expected fanfare for the economic data today that focused on China and Europe, it was the Australian CPI data that provided the volatility for the market today.
The U.S. dollar experienced a period of extremely low volatility last week, let us just blame it on tax season.
It has been a wild ride for some equity investors over the last few weeks.The high-flying growth stocks that powered much of 2013 are enduring sharp losses.
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