Federal Reserve

Catch-22

October 11, 2018

Shortly after the Tax Cuts and Jobs Act was passed on November 2, 2017, there was a lot of optimism that businesses would spread the wealth by sharing their tax-cut windfall [...]

Walls of Worry

October 26, 2016

There is an ample supply of angst across the nation: in markets, commodity prices, and among voters. No one lately has self-reported that they are happy across any broad [...]

Rotation Afoot?

August 31, 2016

The trading thus far in the third quarter has been starkly different from that in the first half of the year.  In the first half, the sectors that offer relatively high [...]

The Waiting Game

April 27, 2016

I read an interesting bit of trivia in a Barron’s article over the weekend. The article said that this Thursday “marks the day when the bull market that began in [...]