Market Summary

Market Summary           The U.S. The U.S. market is still in a correction or sideways mode, with both macro news and fears in evidence, as well as seasonal effects.  We are neither as pessimistic as some news media have become, nor are we extremely enthusiastic at the present juncture.  We Read more…

Market Summary

Market Summary           The U.S.: Stocks, Gold, Cryptos Since we wrote last week, a trifecta of disappointing Fed communication, trade-war escalation, and self-reinforcing recession fears have accompanied an S&P 500 decline of about 4.7% as of this writing, and a strong rally in bonds (as interest rates decline) and gold. Read more…

Potential Trouble Spots?

Market Summary U.S. and World Outlook:  Pivotal Influence Is the Value of the U.S. Dollar The U.S. dollar continues to be strong and this continues to disincentivize U.S. investors putting money into commodities, non-U.S. stock and bond markets.  Simultaneously, the strong U.S. dollar incentivizes foreign investors to put money in Read more…

Global Divergence?  The U.S. Steams Ahead

After further trade-war saber-rattling, U.S. markets have again regained a semblance of calm.  Further unexpected developments and accompanying volatility undoubtedly lie ahead, but thus far, markets have greeted the potential of escalating trade conflicts without panic. The financial, economic, and sentiment backdrop in the United States remains strong.  Investor and Read more…

Trade Wars and Media Fears

Trade Wars and Media Fears  It was a disappointing February. After a seemingly relentless and exuberant rally during January, the market stumbled in February and ultimately gave back most of its gains year-to-date, although at this writing it is slightly in the green. However, our big-picture analysis continues to suggest Read more…