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As widely expected April’s economic data is horrific. Retail sales and factory output registered the steepest declines on record. Retail sales fell 16.4% and industrial production plunged ...

Government is stating they are listening to the experts as to determine when the economy will reopen. In my view the experts have been completely wrong. The experts—aka the March 12

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Equities stumbled on headlines that the coronavirus is impacting supply chains threatening the means of production for many technology companies. Some also remarked candidate Bloomberg’s proposal of a 0.1% financial transactions tax also impacted trading. ...

Will monetary policy assumptions soon change? Yesterday’s data continued to surprise on the upside. Retail sales, initial jobless claims, the Philadelphia Fed all painted a picture of strength. ...

Equities were relatively quiet as the euphoria over a partially completed trade deal began to fade. Economic data continued to be stronger than expected including pivotal housing data that stated permits rose to a 12 year high. More over the number of October’s...

2019 will perhaps be regarded as the year the unexpected occurred. Domestically the economic forecast for 2019 penned around this time last year was largely met but the response to it was largely unexpected given the consensus view ...

We are in unique times. Bloomberg writes a rare event happened last week, occurring only 18 times in the last 23 years. That works out to 0.08% of the time. The advance minus decline line exceeded negative 800 meaning there were more...

The first print of third quarter GDP validated my long held view of today’s recessionary fears are vastly overblown. The economy expanded at a 1.9% annualized rate versus the consensus view of a 1.6% pace. Perhaps the most significant aspect of the report...

Many times I have commented about the narrowness of the market. Bloomberg quantified this lack of breadth on Friday. The newswire stated Thursday was the third time this year that the number of decliners was least 400 more than gainers when the NASDAQ...