Today the all-inclusive BLS Employment report is released. The employment data released this week was contradictory. The ADP survey had a large negative miss. Weekly unemployment and ...
In my view the outcome of the Fed meeting was largely as expected. The Chairman stated we are in the most severe economic downturn “in our lifetime” and ...
Gold is around an all time high. Some might ask why? Simplistically speaking, the government is hell bent to increase the deficit to levels as a percentage of GDP last experienced at ...
Led by the NASDAQ 100 equites stumbled for a myriad of reasons. Some believe mega capitalized technologies are fully priced and only massively outsized earnings will ...
The proverbial “stay at home trade” is thriving even following encouraging news on a potential virus vaccine. There are now over 130 vaccines in the development process and 17 are in late stage testing with some ...
June’s retail sales greatly exceeded expectations, rising 7.5% from May. A year over year measure of retail sales climbed 1.1% in June according to the Commerce Department. This is ...
The increase in coronavirus cases is dominating headlines. Can I suggest the fight as to who first receives the vaccine becomes more explosive than the increase in cases and even more ...
In my view the relentless rally in companies considered to be havens from the virus is now at manic proportions. Ownership is crowded and valuations are so ...
Welcome to the second half of 2020. During the first six months, the markets were faced with an impeachment, a pandemic, an economic calamity, civil unrest and perhaps the commencement of ...
Equities were spooked by a resurgence in new virus infections, a rise that has slowed the reopening in several states. The markets were also frightened by the Federal Reserve dictum of ...