Commentary

Stocks are enjoying a nice bounce in early May after a pretty brutal April. Some point to good news from corporate earnings. And others point to good news on the inflation front leading to the first Fed rate cut. This has the S&P…
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I am a tad bit surprised by the recent surge to new highs. Not that it wouldn’t take place this year. That was a given. Rather why it took place now with such mixed economic and inflation data calling into greater question WHEN the Fed…
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With no recession in sight, and another strong earnings season in hand, then all that really matters for investors is when the Fed will finally lower rates. That catalyst should cause this nice chain reaction: faster economic growth…
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About the author: Larry Hatheway is a co-founder of Jackson Hole Economics, which originally published this commentary, and the former chief economist of UBS.At the beginning of the year, many economists and Federal Reserve officials…
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There is no surprise that the market is flirting with 5,000 for the S&P 500 (SPY). Just too attractive of a level not to attain at this time. The problem is that this is a very hollow rally like we saw for the majority of 2023 where…
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Anyone who knows me personally would question my choice of professions. That is because I highly value rationality and fairness. And yet the stock market that is at the epicenter of my daily activities is highly irrational and unfair.…
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Americans might not think they have something to learn from the experience of the British economy, but they would be wrong. Free trade and fiscal discipline are on the ballot in November 2024, and in the recent past, the United Kingdom…
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The stock market seems to be stuck around the all time highs at 5,000 for the S&P 500 (SPY). And yet under the surface things are not so bullish. Tech stocks are finally giving back some of their tremendous gains and defensive…
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As you likely remember from your English Lit classes, sometimes you have to…“Beware the Ides of March”. That was 3/15, the date Julius Cesar was assassinated and is often viewed as an important check point for investors at this early…
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It’s easy to get sucked into the excess noise from the investment media with fear mongering headlines like: Dow Falls More than 500 Points And to that I say…So the heck what!!! The index is up over 6,000 points from the October 2023…
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