This week we got the second look at Q4 GDP, which showed the economy grew at a 2.3% annualized pace. Which was the same as the 1st estimate, but below the historical average of 3.2%. Consumer...
Last week the market said that it has a new #1 concern, and it’s not inflation. It is, however, one of the most effective remedies for inflation, but also one of the least popular among consumers and...
Stocks got a major boost last Friday afternoon as implied volatility dropped sharply in the final hours of the day, aided by a large end-of-month $4+ billion buy imbalance for the closing cross....
In recent weeks, many news headlines have suggested that the US economy is tanking and that so is the Old World Order. So, investors are jittery, and a risk-off investment style is back in favor...
LINK If the history of the capital cycle is any guide, the massive allocation into AI capex in recent years is very likely to lead to especially poor returns for investors in the years to come,...
The combination of extremely rich equity valuations, high interest rates, and a new President taking bold actions will likely continue to whip stocks around for the foreseeable future. Alongside...
One of the most referenced valuation measures is Dr. Robert Shiller’s Cyclically Adjusted Price-Earnings Ratio, known as CAPE. Valuations have always been, and remain, an essential variable in...
A couple of weeks ago, I presented a blog post called “Trump Era Volatility: The Impact on Portfolio Allocations,” in which I pointed out that the effect of increasing volatility generally is to...
Markets have been through another week where tariffs have been the driving force behind market moves. The PCE data which I had thought would be the major event for the week failed to stoke any real...
NFP take center stage amid DOGE layoffs ECB decides monetary policy after CPI data Canada jobs report and RBA minutes also on tap Will DOGE layoffs weigh on NFP? The US dollar traded on the back...