Commentary

October Weakness Before The Year-End Run?

While September has been a bit sloppy so far, will further weakness in October weigh on investor sentiment before the seasonally strong period begins?

Commentary

“That 70s Show”

The hit TV series “That 70s Show” aired from 1998 to 2006 and focused on six teenage friends living in Wisconsin in the late 70s.

Commentary

Bond Vigilantes And The Waiting For Godot

The term “Bond Vigilantes” is a nostalgic twist on an old-west theme. In the nineteenth century, the American West formed self-appointed groups, or committees, to seize the duties of law enforcement and judicial authority in situations when citizens found law enforcement lacking or inadequate.

Commentary

Predictions Are Pointless. Why You Shouldn’t Listen To Gurus.

Okay, I took a little poetic license, but the point is that while we try, predictions of the future are difficult at best and impossible at worst.

Commentary

Economic Data Points Diverge

Since the beginning of the year, economic data has continued to defy the recession calls of 2022.

Commentary

Mega-Cap Stocks Continue To Dominate. But Why?

Mega-cap stocks continue to dominate the market in 2023. The question is, why? After all, many other great companies have arguably much better valuations and fundamentals.

Commentary

Powell’s Speech Obfuscates The Truth Behind Inflation

Powell’s recent Jackson Hole Summit speech was mainly as expected. Well, except for the part where Powell obfuscated the truth behind the surge in inflation.

Commentary

10 Best Days – A Meme For Every Bull Market

About once a year, I have to address the issue of chasing the “10 Best Days” of the year.

Commentary

Deficit Surge Will Lead To Lower Rates, Not Higher

Fitch’s recent downgrade of the U.S. debt rating alarmed investors as the deficit and debt steadily increased. The downgrade sent 10-year Treasury bond yields above 4%, causing concern about America’s deteriorating financial condition.

Commentary

Stock Market Rally Coming? And Investing In 2024.

Commentary

A Recession Is Coming, Or Is It?

Since the beginning of 2022, the media has regularly warned a recession is coming.

Commentary

Government Bonds Or Stocks? Which Is A Better Choice Now?

Government bonds or stocks? If you were picking an asset class to outperform over the next 18-24 months, which would you choose?

Commentary

Tax Receipts. Another Leading Recession Indicator?

Tax receipts are falling, which has historically preceded economic recessions.

Commentary

Market Cycle Lows and Bull Market Recoveries

There is a rhythm to the markets, and market cycle lows support bull market recoveries. Recently, Ed Yardeni made a bold prediction that the S&P 500 index could hit a high of 5400 in 2024.

Commentary

The Market Is Detached From The Real Economy

Such is the latest rationalization to support the “bull market” narrative.