Recent Posts
- Economics
Poor Policy Is Keeping the Poor, Poor
Sep 18, 2020Read MoreThe current recession has further highlighted, and exacerbated, the wealth gap in the United States. Many people in the top 1%, 5% or 10% of the US income and…
- 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 is…
- Economics
Checking in on the Housing Market
Aug 19, 2020Read MoreThis morning we received some data that support the narrative of a rapidly recovering housing market. Housing starts and building permits surged 22.6% and 18.8…
- 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…
- Economics
The Sagging Dollar
Aug 7, 2020Read MoreI've received a few questions about the recent drop in the dollar. Currencies can be a complicated subject, but I'll try to make the topic a little easier in …
- Economics
Just How Bad Is It?
Jul 31, 2020Read MoreWe finally received the first estimate of second-quarter GDP this week, along with a bunch of other data. Though the figure wasn't quite as bad as the consens…
- Economics
Cognitive Dissonance
Jul 24, 2020Read MoreThe S&P 500 continues to grind higher, and it is now just 3.5% away from the all-time high posted in February. As is usually the case with bull markets, go…
- Investment Strategy
Vees, Checks, and Convergences
Jul 16, 2020Read MoreFor the markets as a whole, the summer has been pretty good. In the last three weeks, the S&P 500, Dow, and NASDAQ indices have all seen gains of over 7%, …
- Finance
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…
