The stock market continues to move higher since its April 9 low with the S&P now up more than 30% since then. The move is starting to defy logic as there are risks around tariff policy, the deficit and debt,…
The market was cruising along until a weak 20 year treasury auction in the middle of the day Wednesday sent interest rates soaring and stocks stumbling. Early Friday President Trump spooked markets once again by calling for a 50% tariff…
Even a downgrade of the US credit rating by Moody’s couldn’t derail the current momentum in the stock market Monday as the S&P clawed back all of the 60 points it lost at the open plus 5. The technicals have…
About an hour ago, the news broke that Treasury Secretary Scott Bessent told a group of investors at a JP Morgan event in Washington DC that he foresaw de-escalation of the current trade tension with China as the situation was…
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…
[We’ll be] making a lot more stuff in America, high-tech manufacturing, security goods, autos, a lot more stuff across the industrial spectrum. If you create good jobs for people, they have an easier time forming a family, getting married, having…
Not many people know that Adam Smith’s primary target in The Wealth of Nations was Mercantilism, the reigning economic theory of the time. He called his book “an attack on the whole commercial system of modern Europe”. Mercantilism was focused…