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Is the circus in Washington beginning to weigh on the markets? To date Washington has been viewed nothing other than a freak show, a made for reality TV and cable show. Has all crossed over the proverbial lines? Perhaps the only concrete statement to make...

Change is the only certainty. Can I argue there will be another reinvention of basic economic assumptions? There was a change in general economic consensus thought following the Great Depression and again during the ...

Equities where whipsawed on trade. I rhetorically ask is MAD (Mutual Assured Destruction) a cornerstone of trade as it was for foreign policy? Since around 1980 there was a symbiotic relationship between the US and China. China would produce cheap goods, sell them to the US...

Equities rose on signs the Trump Administration is working toward easing tensions with trade partners. The President indicated that he would postpone European auto tariffs by up to six months. Treasury Secretary Mnuchin also said American ...

Equities were unable to rebound from yesterday’s selloff. As widely noted, Friday the Dow overcame a 400 point decline trading in a stunning range off 550 points from trough to peak. Technologies were hit the hardest with the NASDAQ down over ...

Equities clawed back from their early morning declines. Bloomberg writes at market lows FANG accounted for about 50% of Friday’s decline. This should be expected given FANG’s large Chinese exposure. Of the $200 billion in goods that will be immediately impacted with...

February’s jobs data was surprise. Payrolls rose by the smallest amount in more than a year but prior months were revised higher. Wages rose more than expected rising by the greatest pace in over a decade and the labor participation rate remained unchanged....

Apple posted results that narrowly beat the expectations set when Apple issued a rare earnings warning at the beginning of the month. However its outlook for the current quarter is regarded more disappointing than some were expecting. At the time of this writing shares are...

Tech stocks rallied after China ratcheted up stimulus to combat slowing growth. The pound erased a decline against the dollar after British lawmakers overwhelmingly voted down a Brexit deal and planned a confidence vote on May’s government.

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Many times I have opined about the complete breakdown of risk parity and cross correlated models, a strategy that has surged in popularity over the last 10 years, a strategy that many including the regulatory entities believed limited risks.  Yesterday Stanford Bernstein stated this breakdown...