The latest batch of economic indicators was weaker than expected. On Friday, we learned that real personal consumption expenditures rose just 0.…
Just after the S&P 500 nearly hit our year-end target of 4600 ahead of schedule on July 31, we concluded…
The first week of the month is usually jampacked with employment indicator releases. On balance, we expect they will show that the…
Large tech companies have been jumping into the semiconductor industry. Amazon, Google, Tesla, and others have developed semiconductors for use in their…
Saudi Vision 2030 is the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman (MBS). He wants to diversify the…
The Fed has paused its rate hiking for now but not without warning that resumed tightening is possible. Either way, monetary policy…
We were surprised that stock prices didn't drop yesterday along with bond prices. So we aren't surprised to…
The stock market held up surprisingly well today under the circumstances: The UAW strike is shutting down more auto production. The federal…
In his presser last Wednesday, Fed Chair Jerome Powell mentioned "careful" and "carefully" 16 times mostly to describe…
This is a relatively slow week for economic data. That means that the markets will be mostly entertained by the talking heads…
The Fed's hawkish pause, announced on Wednesday afternoon, has lifted the 10-year US Treasury yield to 4.50% this evening.…
The Fed's hawkish pause has unsettled the bond and stock markets. During 2022 and early 2023, the widespread fear was…
