Latest Thoughts
The mega-cap technology companies have powered the broad market higher this year. ...
Economists like to remind us there is no such thing as a free lunch. ...
First quarter earnings season is nearly complete, and it has caused us to regret titling our earning preview commentary on April 10. "Malaise Continues."...
Much has been written lately about the threats facing the reserve currency status enjoyed by the U.S. dollar. ...
"Sell in May and go away" is probably the most widely cited stock market cliche in history. ...
Investors use various analogies to describe the importance of small businesses in the domestic economy. ...
First quarter earnings season kicks off this week with some big banks reporting toward the end of the week. ...
Financial markets and the Federal Reserve are reading from two different playbooks. ...
A lot has changed in the past few weeks, both in terms of expectations for interest rates and lost confidence in the health of the banking system as a result of the sharp rise in interest rates that has led to some things "breaking," as...
The Federal Reserve (Fed) has a history of raising short-term interest rates until something "breaks." ...
Last week did not play out how we anticipated. ...
Suggesting an economy makes "no landing" makes no sense. ...
While concerns about the debt ceiling have been increasing, markets, businesses, and the economy are likely to see only minimal impact until we are days, or maybe a few weeks, from the "x date," the date on which the federal government will no longer be...
Markets have adjusted to several changes this year. ...
Soft landing or no soft landing, that is the question, with all due respect to William Shakespeare. ...
Investors get more excited about international investing late last year. ...
The script has been flipped in 2023. ...
The latest episode of the debate between stock market bulls and bears has gotten more interesting. ...
Fourth quarter earnings season is underway and probably won't bring much good news. ...
We believe accountability and modesty are among the keys to success in this business. ...