High inflation rarely has been tamed without precipitating a recession. Few economic prognosticators thought it could be done. Yet the Fed has…
Today, January's CPI inflation rate was slightly higher than expected. But the upside surprise was enough to convince investors and…
The S&P 500 is up 40.5% since the start of the current bull market on October 12, 2022 (chart)…
The stock market has been melting up since late October 2023, when investors concluded that the Fed was done raising interest rates.…
Powell & Co. would like to see more evidence that inflation is falling toward their 2.0% target. They should get more…
Our Roaring 2020s economic scenario is predicated on our assumption that chronic labor shortages, especially of skilled workers, will cause businesses to…
Have the S&P 500’s eight largest-capitalization stocks, the so-called MegaCap-8, been eating all the jellybeans, starving the other 492…
The S&P 500 closed at a new record high today of 4994.63. This is the Rodney Dangerfield of bull…
The pandemic distorted the economy in many ways, including derailing the productivity boom that we’d been expecting would characterize this decade—…
Through Friday’s close, the S&P 500 price index is up 4.0% ytd to a record high. The MegaCap-8…
Fed Chair Jerome Powell wants to make sure we all get the message he delivered at his presser last Wednesday. So he…
Meta is leading the stock market to where it has never gone before, i.e., to new record highs. Its stock price…
