Japanese lessons for the Fed

A Disturbing Market Signal on the First Trading Day of the Year

January 2, 2014

The Dow Jones Industrial Average suffered a triple-digit point loss today, equivalent to 0.8%.  It’s not unusual to see big gains on a year’s first trading session even in years after a strong share price performance.  On such first days of January in recent years, the Dow went up 3.0% in 2009 (even before the […] More