Windwood Trader

World Financial Markets in Eight Charts, for Week of Sept. 28

The S&P is at historical highs, P/E wise. The institutional managers are not going to be burned again by watching others run for the exits while they wait for the next rise. The US indexes will continue, at best to tread water while the emerging markets try to valiantly put on a good show without the back-up of the core investors.

Keep your eye on earnings and P/E ratios. Should the picture improve the investing public should become more sanguine- At least in the short term. The magic "Baby Boomer" brigade will be absent, however not risking any more to chance as they currently sit with over half their retirement assets in nether-land and trusting nothing they can't see.

Would you put your money in this market?

Thursday Outlook: Commodities, Global Markets

I'll bet they have cow flatulence on Mars as well.


On Jul 09 09:19 AM David Fry wrote:

> I'll go with Charles Krauthammer on this one who states: "I'm a global
> warming agnostic. It's obvious polluting the atmosphere causes all
> manner of problems. But there may be other causes and unless every
> country is on board a unilateral decision is economic suicide".<br/>
>
> Then there's BMO's Donald Coxe (an old commodity veteran) who argues
> that sun spots have a major effect on climate. In the last 18 months
> there has been little sun spot activity which has caused cooling--er,
> maybe even on Mars (snicker).

Tuesday Outlook: Commodities, Global Markets

The real question is whether or not the institutions are yet in the game. The ones I have talked to are still formulating a, ahem revised investment position. Their clients will accept the 30-50% drop.....once. After all we all drank the Koolaide.
A repeat performance, however would not bode well.
The little folks may be showing the way but same are pretty skittish right now.