The Everything Rally
The Full Story: On Wednesday, Chairman Powell finally said what most of the investment world has been thinking: With inflation falling convincingly, it’s time to
Migrating to Mandate #2
The Full Story: The US Central Bank has two congressional mandates. First, maintain stable prices. They must pursue monetary policies that limit inflation/deflation and price
Rally Resilience
The Full Story: S&P 500 earnings declined (compared with year ago levels) in the 4th quarter of 2022, the first quarter of 2023, and the
Go With the Flow
The Full Story: Santa has delivered! The S&P 500 now has advanced 10% of the Halloween lows. Even more encouraging, participation has broadened beyond the
PEG-ing This Market
The Full Story: The market advanced for an eighth straight day through Wednesday, the longest streak since 2021. From here, some consolidation feels appropriate, and
Get Your Happy Headlines Here!
The Full Story: Last week, we discussed that, while the market’s math supported a year-end rally, the barrage of negative headlines overwhelmed the positive mathematics,
Rally Incarceration
Will the US and Iran enter the middle east conflagration and ignite WWIII? Will our distraction and disfunction compel China to invade Taiwan? Will a
Rate-Casting
The Full Story: Thank you to those of our readers who made it to the end of last week’s market missive. I know who you
The Everything Rally
The Full Story: On Wednesday, Chairman Powell finally said what most of the investment world has been thinking: With inflation falling convincingly, it’s time to
Migrating to Mandate #2
The Full Story: The US Central Bank has two congressional mandates. First, maintain stable prices. They must pursue monetary policies that limit inflation/deflation and price
Rally Resilience
The Full Story: S&P 500 earnings declined (compared with year ago levels) in the 4th quarter of 2022, the first quarter of 2023, and the
Go With the Flow
The Full Story: Santa has delivered! The S&P 500 now has advanced 10% of the Halloween lows. Even more encouraging, participation has broadened beyond the
PEG-ing This Market
The Full Story: The market advanced for an eighth straight day through Wednesday, the longest streak since 2021. From here, some consolidation feels appropriate, and
Get Your Happy Headlines Here!
The Full Story: Last week, we discussed that, while the market’s math supported a year-end rally, the barrage of negative headlines overwhelmed the positive mathematics,
Rally Incarceration
Will the US and Iran enter the middle east conflagration and ignite WWIII? Will our distraction and disfunction compel China to invade Taiwan? Will a
Rate-Casting
The Full Story: Thank you to those of our readers who made it to the end of last week’s market missive. I know who you
