- Investment Strategy
Banks Still Waiting for Liftoff
Apr 21, 2021Read MoreThe 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…
- Investment Strategy
Curb Your Enthusiasm? What I Didn’t Say on Halftime Report
Apr 15, 2021Read MoreOur 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 …
- Stock Market
Entering Earnings Season
Apr 14, 2021Read MoreAs we get into the heart of the earnings season, we thought we’d take a final look at earnings estimates. The chart below shows that S&P 500 estimates have…
- Economics
Why So Pessimistic?
Apr 9, 2021Read MoreLast Friday we learned that the economy added 916,000 jobs in the month of March – the most since August of last year. We also learned that unemployment fell t…
- Stock Market
The Archegos Debacle
Apr 5, 2021Read MoreOver the past week or so there has been some unusual volatility in a handful of stocks, both US and Chinese. Media reports have attributed the volatility to fo…
- Economics
More on Inflation
Apr 1, 2021Read MoreWe hear all kinds of opinions on the inflation outlook. Some economists believe factors like globalization, technological advancements, and demographics will k…
- Economics
Does the Fed Have Ulterior Motives?
Mar 25, 2021Read MoreThe Fed has two Congressional mandates that are supposed to guide its monetary policy: 1) maximum employment, and 2) price stability. With regard to the employ…
- Fiscal PolicyMonetary Policy
The Fed Is Keeping the Punch Bowl Full
Mar 19, 2021Read MoreI appeared on CNBC’s Power Lunch this Friday with Ron Insana, and Ron’s comments got me thinking. (As Ron tends to do – Ron’s insights are almost always useful…
- Investment Strategy
After the Half: What I Didn’t Say on Halftime Report
Mar 16, 2021Read MoreToday 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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