Market Insights

Making the economy, markets, and personal finance less complicated

  • Investment Strategy

    Banks Still Waiting for Liftoff

    Apr 21, 2021

    The banks have been reporting first-quarter earnings over the past week, and the results have been lackluster. But I’ll start with the good news. Credit is tre…

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  • Investment Strategy

    Curb Your Enthusiasm? What I Didn’t Say on Halftime Report

    Apr 15, 2021

    Our great host Scott Wapner reported that a number of the big banks were issuing cautionary warnings on the stock market. Bank of America authored “Curb Your …

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  • Investment Strategy

    After the Half: What I Didn’t Say on Halftime Report

    Mar 16, 2021

    Today on Halftime Report, the panel got into a heated discussion about the possibility of a correction. Scott Wapner asked me and I said I believe the market i…

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  • Investment StrategyStock Market

    What’s Going On With GameStop?

    Feb 4, 2021

    In this week's Market Commentary, I thought I would take a stab at explaining the dramatic volatility in GameStop last week. The topic can get pretty complicat…

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  • Investment Strategy

    Playing It Down the Middle

    Jan 28, 2021

    There is an epic debate raging in the investment community, and whichever side prevails will have a massive edge over the losing side. This topic is front and …

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  • Investment Strategy

    Investing in Municipal Bonds

    Jan 21, 2021

    Investing in municipal bonds can be a complicated process. Unlike the more plain-vanilla structure of US Treasury bonds, municipal bonds can have a wide range …

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  • Investment StrategyStock Market

    Leadership Change, In More Ways Than One

    Nov 25, 2020

    In last week’s Market Commentary, I talked about the fact that the market value of the S&P 500, at about 21.7x the consensus earnings estimate for 2021, ha…

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  • EconomicsInvestment Strategy

    Hit ‘Em Where They Ain’t

    Nov 12, 2020

    Generally speaking, the developments over the past couple of weeks have been received positively by investors…VERY positively. As I write, the S&P 500 is u…

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  • Investment Strategy

    The New Market Bubble

    Oct 31, 2020

    Market bubbles are always a surprise and always expected. They build in plain view, and ignoring them requires greater and greater effort as they inflate. Onlo…

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