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ESM5: This Market Is Nuts

ESM5: This Market Is Nuts

Yesterday Well, we said it would be choppy.  The S&P 500 mini futures (ESM5) closed at 2073.25 Monday (Apr. 6) after a wild buying spree that pushed the price up about 35 points in the morning session, before falling back a little for the close. It was the biggest open-to-close bump since last November. The trading since the market closed for Good Friday has been a classic example of...

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The Big “I” In Insurance

The Big “I” In Insurance

Ever have a “friend” whose house was broken into and then realized he or she did not have replacement insurance? Or one who had a tree fall on his or her car resulting in damage that ever so slightly exceeded the ever-so-large deductible? Usually that “friend” is the exception not the rule, as Americans, for the most part, do insure their cars, homes, and even their lives. And, of course,...

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