Will a 15% global minimum tax be instituted? The Biden Administration initially proposed a 21% levy but dropped it to 15% to ensure G-7 endorsement. According to Bloomberg, the ...
Welcome to June. It is widely accepted interest rates are the primary determinate of asset valuations. Treasury yields fell in May and the high growth tech names declined the most since ...
The 10-year Treasury is at the highest yield in a year. Many market luminaries have defended current lofty valuations—the highest since the records achieved during the ...
For many years I titled these remarks “Early Morning Commentary,” a commentary as to how I view of the socio economic and geopolitical issues facing the markets and the economy. I am flattered by the ...
Will regulating artificial intelligence…aka social media companies…become a major market risk? As widely known, social media companies are massive AI operations, their data centers running ...
Today is the conclusion of a two-day FOMC meeting. No change in interest rates is expected but some are speculating about a change in ...
It was a relatively quiet day as prospects for a stimulus deal remained elusive while COVID cases increases. The NASDAQ closed nominally higher and the Dow nominally lower. Treasuries were ...
Equities stumbled the most in four months. There were numerous catalysts. Rising COVID cases. Reality setting in Biden could win thus ushering in an unprecedented wave of ...
In my view the market had little reaction to what Bloomberg writes “is the most significant monopoly case filed in the US in perhaps 100 years.” The US Justice Department is poised to...
The WSJ wrote “technology companies are set to end the year with their greatest share of the stock market yet, topping the dot-com era peak.” The Journal stated that companies involved in ...