While the stock market’s run may not be over, a pause at these levels is certainly likely given a key indicator.  Read the rest of this entry »

Last Friday, investors celebrated a better-than-expected nonfarm payrolls report.  Not only was the actual number of jobs created higher than anticipated, but last month’s number was revised upward as well.

Tomorrow, investors will be looking for confirmation that this better-than-expected jobs report was not just an anomaly with the release of the initial jobless claims report.  Read the rest of this entry »

As the annual Berkshire Hathaway annual meeting gets underway today, I’m reminded of a conversation I had with Warren Buffett back in 1997 that remains a great memory for me during the early years of my career in money management.  Read the rest of this entry »