This morning’s GDP report noted contraction for the second quarter in a row. We can debate inventory builds and trade... read more →
The bond market already has hiked rates to 3%. The Fed is playing catch up but will get there in... read more →
It is hard to believe it has already been more than a year since Congress Wealth Management (“Congress”) acquired Pinnacle... read more →
Volatility fatigue led to extreme weak investor sentiment which has now finally translated in defensive portfolio positioning. Actions speak louder... read more →
There’s no sugarcoating it – it’s been a very rough week for all of the peak inflationists who’ve been arguing... read more →
The demise of meme stocks, day trading, and Robinhood (HOOD) Excess money supply growth led to excess inflation which led... read more →
The pain inflicted on high quality, long duration bonds Between March 2020 and December 2021, the US produced about $8... read more →
New WebsiteWhat does behind the curve look like? The Federal Reserve is about to tighten monetary policy, i.e., raise rates,... read more →
Higher prices have led to tighter financial conditions. Mortgage rates up a lot, gasoline prices up a lot, UST yields higher,... read more →
As the latest sign that the economy is slowing down, the once red-hot housing market is starting to sputter. Based... read more →