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 central bankers in Europe and in the United States are concerned about short term deflationary trends, those of us who live in the real world know a different story.
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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