Mr. Warsh Meets the Market
On June 17, new Fed Head Kevin Warsh will hold his first post-FOMC press conference to comment on the rate decision, his outlook for employment
When Super-Cycles Meet Super-Sized Expectations
Markets hit new highs again this week as powerful earnings releases and promising war negotiations cheered investors. The AI Revolution rivals any in world history
The Third Engine of Portfolio Diversification
The month of May is one of the biggest times of the year in my hometown in central Indiana. The racing world turns its attention
The Market Beneath the Market
The stock market hit new highs again this week as earnings rose, oil fell, and rates retreated. While we talk about “the market” each week,
The One Data Point That Rules Them All
Oil Prices? Iran has recently increased its defiance. Trump has recently increased his threats. Onshore oil prices peaked this week roughly 10% below their wartime high
Markets at Record Highs: The Math Behind Earnings Growth and Market Valuations
The world is in crisis. War rages. Tariffs disrupt. Allegiances fray. Protests seethe. Impeachment looms. Consumer confidence sits at record lows. US markets sit at
The Masters and the Market: 2026’s Firm-and-Fast Conditions
Wake up! It is Sunday morning at Augusta National, the place where fans are called patrons, the back nine is the second nine, and each
In or Out: Navigating Markets in the Fog of War
We entered 2026 as we almost always do, bullish but fearful. Bullish because, on average, equity markets appreciate 75% of the time in any given
Mr. Warsh Meets the Market
On June 17, new Fed Head Kevin Warsh will hold his first post-FOMC press conference to comment on the rate decision, his outlook for employment
When Super-Cycles Meet Super-Sized Expectations
Markets hit new highs again this week as powerful earnings releases and promising war negotiations cheered investors. The AI Revolution rivals any in world history
The Third Engine of Portfolio Diversification
The month of May is one of the biggest times of the year in my hometown in central Indiana. The racing world turns its attention
The Market Beneath the Market
The stock market hit new highs again this week as earnings rose, oil fell, and rates retreated. While we talk about “the market” each week,
The One Data Point That Rules Them All
Oil Prices? Iran has recently increased its defiance. Trump has recently increased his threats. Onshore oil prices peaked this week roughly 10% below their wartime high
Markets at Record Highs: The Math Behind Earnings Growth and Market Valuations
The world is in crisis. War rages. Tariffs disrupt. Allegiances fray. Protests seethe. Impeachment looms. Consumer confidence sits at record lows. US markets sit at
The Masters and the Market: 2026’s Firm-and-Fast Conditions
Wake up! It is Sunday morning at Augusta National, the place where fans are called patrons, the back nine is the second nine, and each
In or Out: Navigating Markets in the Fog of War
We entered 2026 as we almost always do, bullish but fearful. Bullish because, on average, equity markets appreciate 75% of the time in any given