New jobless claims slipped under 400,000 last week on a seasonally adjusted basis for the first time in four months. That’s hardly an all-clear signal for the economy, but at least you can argue that the numbers on this important forward-looking indicator aren’t getting any worse. It’s still open for debate if the trend is getting any better, although as we’ll discuss in a minute there’s some good news to consider.
Daily Archives: August 11, 2011
The Case For Rebalancing Looks Compelling… Again
Market volatility is unnerving, but it usually represents opportunity. Relatively few investors see it that way, of course, which is why so few investors are able to exploit rebalancing opportunities in the long run. On the other hand, the crowd’s inability or unwillingness to rebalance in a timely manner is a big reason why a relative handful of investors can cash in on the rebalancing there’s a rebalancing bonus. But if you missed it the last time, don’t worry: Mr. Market makes it easy to try again, as the recent turmoil reminds.