Weekly Market Pulse: Keep Calm and Carry On
Predicting the future course of the markets - interest rates, stock prices, commodity prices - is impossible. That is true even in times when the future seems set, when it seems predictable, when there is consensus about the impact of all the factors that affect markets and ultimately economies. It is even more true during times of great uncertainty, times [...]
Weekly Market Pulse: 122 or 301, Whatever It Takes
What's in a name? That which we call a rose, by any other name would smell as sweet. - Romeo and Juliet, Act II, Scene II The Supreme Court finally released its ruling on President Trump's use of the IEEPA (International Emergency Economic Powers Act of 1977) to impose universal tariffs on foreign goods and the verdict was utterly [...]
Weekly Market Pulse: Is The Stock Market Peaking?
The Wall Street Journal published an article last week about the concentration of the S&P 500 and why you shouldn't worry about it. The gist of the article is that the index has been more concentrated in the past and calamity didn't ensue so it must be okay now. The author, Jason Zweig, is one of my favorite financial writers [...]
Monthly Macro Monitor: Plus ça Change
The latest government shutdown ended last week, after a mere four days, but that was apparently enough to prevent the Bureau of Labor Statistics from releasing the January employment report. It will be released this week instead (2/11) but I'd prefer if they waited about six months. These reports are one of the most anticipated by Wall Street and are [...]
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