Markets were rattled yesterday morning with the news over the weekend that President Trump planned to apply tariffs of 25% on trade with both Canada and Mexico, and 10% on... read more →
With about 20% of companies in the S&P 500 index having reported earnings for Q4 of last year, it is now Big Tech’s turn. Six out of the seven largest... read more →
Government bond total returns have been disappointing over the last 10 years annualizing 1% from 2014 to 2024. Due to the strong relationship between the 10-year yield and forward 10-... read more →
Q4 earnings reporting is officially underway, and it is off to a great start. The big banks kicked off the season as usual, and they immediately knocked it out of... read more →
As a new year gets underway, the big news so far has been the relentless march higher in bond yields. Since the Federal Reserve first cut the overnight Fed Funds... read more →
The Federal Reserve cut the Fed Funds Rate by another quarter point yesterday, and yet markets tanked anyway with stocks suffering their largest “Fed Day” sell-off since March 2020. It... read more →
Despite the Fed having already cut rates twice since September (and likely cutting them again today), the amount of assets sitting in money market funds keeps piling up. As of... read more →
An insurance deal, an advertising deal, a major private credit purchase by Blackrock, even chocolate is getting in on the mergers and acquisitions push over the last few weeks. These... read more →
Despite the overall economy continually outperforming expectations for the past couple of years, small businesses have mostly been in a dour mood. Indeed, the monthly Small Business Optimism Index survey... read more →
So far, 2024 has been a great year for the stock market. Through the end of November, the S&P 500 Index has gained 28.06%, which is all the more impressive... read more →