One hundred and six months. The current expansion, having emerged in the aftermath of the collapse of the mortgage finance Bubble, is now the second-longest on [...]
Conventional Wisdom is so often proved wrong. Thinking back over my career, it’s amazing how many times what is believed true without a doubt in the [...]
Equities rallied to begin the week. With Syrian missile strikes more limited than feared and no military response from Russia, there was immediate impetus to [...]
Please join me and David McAlvany for the MWM Tactical Short Second-Quarter 2018 Conference Call: “Market Structure, Trump Tariffs, Higher Rates… [...]
Please join me and David McAlvany for the MWM Tactical Short Second-Quarter 2018 Conference Call: “Market Structure, Trump Tariffs, Higher Rates… [...]
For the Final Week of a Wild Quarter: The S&P500 rallied 2.0% (down 1.2% Q1), and the Dow gained 2.4% (down 2.5%). The Utilities jumped 2.9% (down 4.5%). [...]
Deutsche Bank (DB) dropped 13% this week to a 15-month low. DB is now down 28% y-t-d. European banks (STOXX) sank 5.0% this week. Hong Kong (Hang Seng) [...]
WSJ: “Ten Years After the Bear Stearns Bailout, Nobody Thinks It Would Happen Again.” Myriad changes to the financial structure have seemingly [...]
So much uncertainty in the world these days. Some things, however, we know with certitude: U.S. Debt, the value of the securities markets and Household Net [...]
After posting an intra-week high of 25,800 on Tuesday, the DJIA then dropped 1,583 points (6.1%) at the week’s Friday morning low (24,217) – before [...]
The Shanghai Composite traded as high as 3,587 intraday on Monday, January 29th, a more than two-year high. This followed the S&P500’s all-time closing [...]
U.S. stocks posted the strongest week of gains since 2013 (would have been 2011 if not for late-day selling). The S&P500 surged 4.3%, and the Nasdaq [...]
