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 →
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 →
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 →
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 →
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 →
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 →
Data released yesterday indicated that US manufacturing activity remained subdued in September. The Institute for Supply Management (ISM) Report on Business came in at 47.2, marking the sixth consecutive month... read more →
Conventional wisdom would suggest that Fed easing cycles should be bullish for bonds, given the basic relationship according to which lower interest rates result in higher bond prices. However, a... read more →