Market Overview

On December 5, 1996, Chairman of the Fed Alan Greenspan offered that stock prices may be too high, thus risking a correction that could result in an economic fallout. He wondered out loud if the...

The Federal Reserve is widely expected to start cutting interest rates at the Sep. 18 FOMC meeting, but the debate is turning to how far the central bank will trim its policy rate once the easing...

US economic activity is on track to remain slow in this month’s second-quarter GDP report. The expansion is expected to continue via the government’s data, but today’s revised nowcast for Q2 suggests...

With both economic and inflation data continuing to weaken, expectations of Fed rate cuts are rising. Notably, following the latest consumer price index (CPI) report, which was weaker than expected,...

As many of you are no doubt aware by now, France’s left-wing New Popular Front alliance thwarted Marine Le Pen’s National Rally party in a stunning upset, leaving the country without a clear majority...

We’ve been here before. Markets price in high odds that the Federal Reserve will soon start cutting interest rates only to learn otherwise. Is this time different? That’s the bet again. To be sure,...

Some state that “bears are like a ‘broken clock,’ they are right twice a day.” While it may seem true during a rising bull market, the reality is that both “bulls” and “bears” are owned by the...

In May, core CPI printed at +0.29% and +0.25% on Median. But a lot of that, most of it, was core goods and the question was whether that month was a one-off due to be reversed at some point, or if...

Judging by the analysis in some circles, a recession is a forgone conclusion. More cautious types argue that the expansion continues, but just barely, and that a formal recession will likely start at...

Lately, I have been getting many questions about investing in private equity. Such is common during raging bull markets, as individuals seek higher rates of return than the market generates. Also,...

Federal Reserve Chairman Jerome Powell, speaking at a conference on Tuesday, gave the doves most of what they wanted to hear. Although he said more evidence was needed to rationalize cutting interest...

Last week I had the privilege of participating in a YPO (Young Presidents’ Organization) event held in Victoria Falls, Zimbabwe. One of the main topics of discussion was investment opportunities in...

July is expected to be an eventful month on Wall Street amid a plethora of key market-moving events. Investor focus will be fixated on the U.S. jobs report, CPI inflation data, and the Fed’s FOMC...