Hooray! The US government won't default on its debts. There are plenty of jobs. Unit-labor-cost inflation is moderating. The banking…
The bull market seems to be taking a rest. The S&P 500 has stalled just below 4200 since the start…
Investors are confused: Is the economy strong or is it weak? The answer is "Yes." The labor market is strong,…
Why is economic growth seemingly defying gravity, or at least the gravitational pull of the Fed’s tightening measures over the past…
A federal debt ceiling deal is in the works. The stock market yawned. The bond market rallied. Interest rates fell even though…
The latest bull market, which started on October 12, when the previous bear market ended, may be on course to be among…
Now that a debt deal is on the verge of becoming a done deal, the markets can focus on economic growth and…
Apparently, the debt ceiling issue has been resolved over the weekend, as we expected. The stock market might rally on Tuesday, but…
Our good friend Jim Lucier of Capital Alpha is one of the best Washington watchers we know. He has given us permission…
The stock market discounts earnings over the next 52 weeks. How do we know this? Most industry analysts provide earnings estimates for…
The Fed sought to allay fears of bank runs when it provided backstop funds to banks. Consider the fears allayed—so far,…
Beware: Bullish sentiment is improving, which is bearish from a contrarian perspective. On Tuesday, Rick Rieder, who is BlackRock’s chief bond…
