For too long, investors (speculators) have relied on the Federal Reserve to prevent any and all economic speed bumps to keep stock prices propped up. The so-called "Fed Put" just celebrated its 25th anniversary on Saturday. Not sure what I'm talking about? If you have a WSJ Subscription you can
As US-based investors, we spend the vast majority of our time focusing on things happening in our country. While we have a little less influence in the world than we did 20 or 30 years ago, the US still dominates the global economy so this makes sense. However, US-based companies,
One of the comments following the jobs report last week was, the labor market is 'normalizing'. That led me to question, 'what is normal?'
We completely shut down the physical economy in 2020 to fight a global pandemic. Congress and the White House (from both political parties) voted to
I know most of the country is already back in school, so if you have kids your summer ended. On the east coast many schools still start after Labor Day which means the roads this week are crowded with vacationers trying to squeeze the last bit out of their summer.
Last week we discussed the "Dog Days" of summer and how August and September tend to be the worst months on the calendar. One thing I point out nearly every time I discuss the markets is, my 'opinion' about what may happen does not impact the way we invest at
