U.S. GDP fizzles in the fourth quarter

From: marketwatch.com

WASHINGTON (MarketWatch) — The economy bogged down at the end of 2015, raising questions about whether U.S. growth is losing momentum.

Gross domestic product — the value of everything a nation produces — expanded at a 0.7% annual rate from October to December. That’s a big markdown from 2% growth in the fall and 3.9% last spring.

The economy expanded at a 2.4% clip last…

Market Turbulence – Flash Update

From: Taber Kosmala

#1 This is Normal
We a re in the midst of the third 10% correction of this bull market. This is a normal occurrence. In fact, on average over the past 100 years, 10% corrections happen every 14 – 15 months; however, 10% down in 4 days is unusual. 10% down moves in just 4 days has happened 9 times in the past 80…