The market got the benign January CPI Report this morning at 5:30am EST that it needed with Core CPI increasing 0.295% compared to the previous month according to Nick Timiraos – below the median forecast of 0.34%. But while the…
For more than 15 years, the best strategy which would have made you a fortune was simply to buy and hold The Magnificent 7. It was that easy. My premise is that that regime is now over and we are…
There is something interesting happening beneath the surface in the market right now. While the S&P is on the verge of making new all time highs above 7,000, the stocks that are really working are defensive in nature. The S&P…
When the capital development of a country becomes a by-product of the activities of a casino the job is likely to be ill done – John Maynard Keynes There can be few fields of human endeavor in which history counts…
Google (GOOG/GOOGL) reported 1Q25 earnings after the close Thursday. I think Gene Munster is right in characterizing the quarter as “good but not great” as Search Revenue growth continues to decelerate. Nevertheless, with the stock beat down over the last…
These kinds of monster rallies tend to show up during bear markets — when volatility is elevated and emotions are running high – Alfonso DePablos, “A Day For The History Books”, April 9 Wednesday’s historic rally can best be described…
Almost 100 years after the start of The Great Depression there is still a lot of debate about what caused it and why it lasted so long. But it’s almost certain that The Smoot-Hawley Tariffs and bad monetary policy played…
I just got off the phone with Warren Buffett during which I picked his brain about the current correction. There’s a lot of noise out there right now so I wanted to hear it straight from the GOAT. Here’s what…
Source: Chart from Tim Duy Tweet Every downturn is idiosyncratic, with one commonality: They all come after a period of Fed rate hikes – Tim Duy, Twitter, September 17 6:03pm PST History doesn’t repeat itself but it often rhymes –…
The S&P broke out to a new all time high Wednesday on the back of a mostly inline April CPI Report. Here’s what Patrick Dunuwila of The Chart Report had to say: SPY broke out to a new all time…