Editor's Picks

Memorial Day, at the end of May, marks the start of the US summer travel season. And this year, according to the US Travel Association, “about 6 in 10 Americans are planning at least one summer...

Four more years. The Senate voted 80-19 last week to confirm Jerome Powell for a second term as chairman of the Federal Reserve last week, in a bipartisan vote that was largely expected.So, a middling...

In what is a highly unusual start to 2022, every single bond and stock asset class has negative returns for 2022 YTD, which given the historical relationships, particularly between equity asset class...

Central banks and governments rarely, if ever, take responsibility for obvious inflation problems. They never have to, because by the time an inflation problem becomes obvious, a lot of time will have...

Markets are attempting to build new swing lows from a condition of price extremes both in breadth, and relative to their long term (200-day) moving average. If we are to get a bottom, then we not...

With the majority of mega-cap earnings results already released, this upcoming week's reports will focus mostly on retailers and their forecasts for the second half of this year amid inflationary...

The market is a fickle mistress. The major central banks were judged to be behind the inflation curve. Much teeth-gashing, finger-pointing. Federal Reserve Chair Powell was blamed for denying that a...

The S&P 500 finished Friday up 2.4%, the first meaningful gain in nearly two weeks and the first strong Friday close since March’s big rebound.There were no meaningful headlines driving...