Equities reversed the previous days decline after the President backed a piecemeal approach to aid. The Administration is backing $1,200 stimulus checks, $25 billion to hard hit airlines and $135 billion for ...
In my view, FRB Chair Powell offered no new insight into the economy. Powell warned of a weak recovery without sufficient government aid and providing to much stimulus would not be a problem. He further stated ...
As noted many times it appears that almost every investment strategy has imploded for the exception of indexing. One of the most famous “quant analysts” gave a stinging rebuke to...
September’s unemployment data was essentially ignored as Trump’s positive COVID test dominated airways with many suggesting this is the proverbial October surprise. It is likely the ...
Are we at a turning point? I think most believe the Presidential debate was, should we say, unpresidential. In my view both candidates were entirely over the top, differing only by...
Volumes will be written about last night’s debate. I don’t think it is a political statement to write that it was perhaps the least Presidential exchange that has yet to ...
Yesterday was a momentous day. The Japanese Nikkei finally broached its previous peak achieved in December 1989. For those who do not recall, during the late 1980s Japan was ...
The economic calendar is crowded this week. It is filled with top tier indicators that will offer insight into the strength of the economy. Perhaps September’s labor report released on Friday is...
Volatility gripped the markets yesterday. Initially the markets traded moderately lower on further Fed warnings about the necessity of further stimulus. In mid-day, indices...
The Election is about 40 days away. My first recollection of a Presidential election was 1972. My parents were ardent McGovern supporters and I still have a “McGovern” lapel pin that ...