No sooner had we published our Summer Newsletter highlighting the risks Wall Street is ignoring than one of those risks floated straight to the surface. In early April, President Trump spooked markets when he announced a very long list of
There were many times in 2023 & 2024 where I sat down to write the blog and I thought, "how many different ways can I say the same thing?" Back then it was all about the mega cap stocks (eventually named the "Magnificent 7" or "Mag 7") and how they
For the first time since the election I decided to take a weekend to NOT read about anything related to the stock market, economy, or politics. Unfortunately because of the latter playing a key role in the markets my attempt to completely ignore everything market related was thwarted. Since we're
Remember when the market was terrified of its own shadow back in April? Well, the AI trade slapped a rally cap on Wall Street and dragged the major indexes back into the green. Meanwhile, Washington and Beijing are playing “Rollback Roulette,” and the President is again blasting Jerome Powell harder
This past week offered another reminder that markets don’t move in straight lines—even in the face of seemingly clear narratives. What looked like the start of a May rebound quickly turned into a whiplash-inducing mix of optimism and concern. Under the surface, we’re seeing some divergences that
