The People’s Bank of China (PBOC) stands out among the major central banks. It is the only one that has been…
Two of our favorite technical indicators for the 10-year Treasury bond yield are currently bullish. The yield tends to be highly correlated…
Will the stock market rally broaden? If it doesn't do so, will the rally fade? Below, Joe Feshbach offers his…
On Friday, Fed Chair Jerome Powell said that monetary policy is "restrictive." So Fed policy will be data-dependent, particularly so…
Our short answer to the question posed in the title: "Bull market." The S&P 500 rose to a…
Today's Composite Economic Indicators, compiled by the Conference Board, are pointing in different directions. The Index of Leading Economic Indicators…
Joe and I have recently observed that the S&P 500 has a breadth problem. This is a widely recognized problem…
The Fed sought to allay fears of bank runs when it provided backstop funds to banks. Consider the fears allayed—so far,…
Stock prices are up this morning on news that both the Democrats and the Republicans want to get a deal done on…
The stock market fell today on Home Depot's disappointing guidance. Consumers fixed up their homes during the pandemic when social…
Business activity fell sharply in New York State, according to firms responding to the May 2023 Empire State Manufacturing Survey conducted by…
They are back in their saddles again. The Magnificent 8 (a.k.a., the MegaCap-8) have been leading the stock market higher…
