- Investment StrategyStock Market
Leadership Change, In More Ways Than One
Nov 25, 2020Read MoreIn 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…
- EconomicsInvestment Strategy
Hit ‘Em Where They Ain’t
Nov 12, 2020Read MoreGenerally 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…
- Investment Strategy
The New Market Bubble
Oct 31, 2020Read MoreMarket 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…
- Investment Strategy
Bank Earnings Reports . . . Meh
Oct 16, 2020Read MoreThe nation’s largest banks have been reporting earnings this week, and the results are mixed. Goldman Sachs, Morgan Stanley, PNC and JP Morgan all reported big…
- Investment Strategy
About Face!
Sep 25, 2020Read MoreThe S&P 500 peaked at an all-time high of 3,588 on September 2nd. Over the ensuing 22 days the index has dropped about 10% - enough to officially call it a…
- Investment Strategy
Asset Bubble Inflation 101
Aug 27, 2020Read MoreIn my August 13th Market Commentary, I discussed the conditions that would be required to finally see a rotation out of the mega-cap technology stocks. This i…
- Investment Strategy
But Will It Continue?
Aug 13, 2020Read MoreI know I sound like a broken record, but it appears that, once again, a market rotation could be underway. The S&P 500 Information Technology sector reach…
- Investment Strategy
Banks Go On Defense
Jul 1, 2020Read MoreSteady growth in consumer spending is the key to a robust US economy, and right now the outlook doesn't look all that promising. We discussed in our June 18 M…
- Investment Strategy
The Nifty FAANGs
Jun 25, 2020Read MoreAt the risk of sounding repetitive, I feel compelled to revisit a trend that has been remarkably consistent and powerful over the past several years. A small …
Market Insights
Making the economy, markets, and personal finance less complicated
