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 →
While the generalized rate of inflation has come all the way down from a peak of 9.1% in 2022 to 2.6% today, very few things are outright less expensive now... read more →
We’ve entered the homestretch of Election 2024, and the polls in key battleground states continue to appear deadlocked. If things are truly as close as they seem, then it could... read more →
High yield bonds - there are two parts to the story: the spreads are so tight that it makes them bad value, but tighter spreads mean great things for earnings... read more →
Consumption makes up roughly 68% of the US economy, so any discussion of a soft landing cannot ignore the health of the consumer. Despite evident signs of a slowdown relative... read more →
Q3 earnings season is officially underway. As usual, the big banks will kick things off, with JPMorgan Chase and Wells Fargo reporting today, followed by Citigroup, Bank of America, Goldman... read more →