What Market Fundamentals Imply for 2024
1.24.2024 US large caps have rallied nearly two per cent so far this year – recently pushing […]
Bitcoin Grows Up
01.17.2024 Eleven spot bitcoin exchange-traded funds (ETFs) were launched last week following SEC approval. Gary Gensler, SEC […]
The AI Productivity Boom
1.11.2024 Artificial Intelligence (AI) captured the imaginations of many of us in late 2022. Investments flooded into […]
2023 in Perspective
01.03.2024 Happy New Year! As we close the books on 2023 and consider the prospects for 2024, […]
Slowing, but Still Positive, Growth and Inflation Likely in 2024
12.20.2023 If markets in 2022 were weighed down by a vertiginous rise in interest rates, markets in […]
Where Are We on the Fear-Greed Continuum?
12.6.2023 As investment legend Jack Bogle put it, “The stock market is a giant distraction to the […]
Is the Office Real Estate Segment Doomed?
11.15.2023 Co-working giant WeWork’s bankruptcy filing earlier this month exemplifies the fundamental challenges facing the post-COVID office […]
Are Equity Investors Jumping the Gun?
11.08.2023 Anticipation of the end of the Fed’s tightening cycle, spurred by a weaker-than-expected jobs report, sparked […]
Looking Beyond Q3 Earnings
11.2.2023 Third quarter 2023 marks the end of the earnings recession. The current quarterly earnings reporting season […]
The Fed vs the Wealth Effect
10.25.2023 Consumer spending continues to defy economists’ expectations against a backdrop of the highest interest rates we’ve […]
The Consumer Spending Foundation Is Cracking
10.4.2023 About a year and a half after the Federal Reserve embarked on the most aggressive tightening […]
Labor vs Capital: Battling for the Spoils of Innovation
9.20.2023 – In a free market, where investment and risk taking are rewarded, who’s entitled to productivity […]
Market Update – Confronting the Debt Maturity Wall of Worry
09.14.2023 The interest rate reset of 2022 weighed down stocks, bonds and virtually all other risk assets. […]
The Return of the IPO
08.30.2023 The tightening program started by the Fed in 2022 not only pressured stock and bonds, but […]
Power Shifts in the Energy Sector
8.16.2023 The energy market represents the complex confluence of fundamentals, geopolitics and public policy, as the world […]
Stocks vs Bonds: A One-Sided Argument No More
08.02.2023 In a span of 16 months, the Federal Reserve’s overnight rate has surged from zero to […]