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 →
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 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 →
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 →
No, I’m not referring to the stock market even though the S&P 500 Index rose to another all-time high yesterday, it’s 43rd of the year. Impressively, 2024 has climbed into... read more →
Yesterday, the Federal Reserve decided to launch the latest monetary easing cycle by going big with a half point cut to the Federal Funds Rate (FFR), instead of just a... read more →
Over the past two days, we got the latest read on inflation with the release of the August Consumer Price and Producer Price Indexes. On a core basis (ex-food &... read more →
A sense of calm has continued to settle over markets after the eruption of volatility a couple of weeks ago. Stocks are on pace to finish the week with healthy... read more →
As a highly volatile week draws to a close, the price action so far today reflects a relative sense of calm and suggests that stocks are going to finish the... read more →