Commentary

Fed Chair Powell Just Said The Quiet Part Out Loud

Regarding the surprisingly strong employment data, Fed Chair Powell said the quiet part out loud. The media hopes you didn’t hear it as we head into a contentious election in November.

Commentary

Divergences And Other Technical Warnings

While the bulls remain entirely in control of the market narrative, divergences and other technical warnings suggest becoming more cautious may be prudent.

Commentary

Housing Is Unaffordable. Dems Want to Make It Worse.

The cost of housing remains a hot-button topic with both Millennials and Gen-Z. Plenty of articles and commentaries address the concern of supply and affordability, with the younger generations getting hit the hardest.

Commentary

S&P Index Set To Hit 5000 As Bull Run Continues

Of course, the market peaked in January 2022, just four months later, at 4796.56. Fast forward 2-full years of returning investors to breakeven, and the market is again approaching that magical round number of 5000.

Commentary

“Theory Of Reflexivity” And Does It Matter?

I received an email this past week concerning George Soros’ “Theory Of Reflexivity.” It’s an interesting question, and I have previously written about the “Theory of Reflexivity.” Notably, this theory begins to resurface whenever markets become exuberant.

Commentary

Retirement Savers Are Piling Into Stocks. Is That A Good Idea?

As the financial markets grind higher, retirement savers have consciously decided to add more to equity risk. Such was the result of a recent Bloomberg survey.

Commentary

Money Market “Cash On The Sidelines” – A Myth That Won’t Die

As money market account balances soar, the mainstream media again proclaims, “There is $6 trillion of cash on the sidelines just waiting to come into the market.”

Commentary

All-Time Highs For Stocks As Bitter Economic Headlines Persist

As the stock market hit all-time highs this past week, there remains an interesting disconnect from the more dour economic concerns of the average American. A recent survey by Axios, a left-leaning website that supports the current Administration, addressed this issue.

Commentary

Q4 Earnings Season Gets Underway With Low Expectations

As we get ready to review the Q4 earnings report, stocks have rallied sharply over the last two months

Commentary

Deficit Spending Keeping The Economy Out Of Recession

Economic growth continues to defy expectations of a slowdown and recession due to continued increases in deficit spending.

Commentary

Portfolio Return Expectations By Investors Are Too High

A stunning post from VisualCapitalist showed a poll of 8550 investors and 2700 advisors and the gap between the two of future portfolio return expectations. The poll was global; however, I will focus on this post’s domestic portfolio return expectations.

Commentary

Sell Cash, Buy Stocks As Powell Pivots?

A recent warning by YahooFinance warns investors to sell their cash and buy bonds and stocks now as the Fed pauses.

Commentary

Wealth Effect Increases and Recession Risks

What is the “wealth effect,” and why is it important? It is a great question and reminded me of “A Funny Thing Happened on the Way to the Colosseum.

Commentary

The Markets Are Front Running the First Rate Cut

In October, the markets were down 10% from the July high, bond yields were touching 5%, and talk of a coming recession was rampant. What happened?

Commentary

Wall Street Analysts Are Optimistic For 2024

It’s that time of the year where Wall Street polishes up their crystal balls and pin targets on the S&P index for the upcoming year. As is often the case, while Wall Street is always optimistic, the forecasts prove pretty wrong.