Last Week: The glass was half-empty, as the rally that was ignited by the previous week’s release of the February Jobs report proved to be short lived, and the S&P 500 declined Monday through Thursday before bouncing on Friday to finish the week down 1.2%. A...
Last Week: Like following a well-written television series, one needs to watch all the previous episodes to appreciate the nuances of the plot twists in “Trumpworld” (no disrespect intended, the POTUS would probably like the title anyway). In August, rumors of Gary...
Last Week: It was the headline Olympics last week, with Putin, Mueller, Powell, and Trump competing for medals. Putin failed to make the podium, despite boasting of a new generation of “invincible” nuclear -capable Russians weapons. Mueller earned the bronze medal,...
Last Week: Even though the S&P eked out a modest gain, the almost minute by minute focus on interest rates has certainly made the stock market ride quite bumpier. In the chart below, the top panel shows the S & P 500 and the bottom panel the yield on the...