June 12, 2023
If you have been paying attention to the financial press over the last week then you are probably familiar with the news that the S&P 500 is in a new bull market. This is of course, an arbitrary label that really doesn’t mean much. But the fact that the S&P...
May 30, 2023
The long-anticipated stock bear market and economic recession just hasn’t materialized. The Federal Reserve has gone on the most aggressive raising of interest rates in more than a generation in an attempt to stamp out inflation. That has resulted in some distortions...
May 22, 2023
There is a lot of bad news, political, economic and otherwise in the news right now. It probably isn’t a huge surprise when we tell you that the Fed’s recession risk indicator is now greater than it was in November 2007. If you recall, this was the time right in front...
May 1, 2023
Of course, businesspeople fear bankruptcy, but it is an essential part of the structure of capitalism. Misallocated resources need to be reallocated and it can be a painful process. Up until the last year, we have been in a 30 plus year downtrend in interest rates...
April 24, 2023
So far the month of April has been remarkably boring with regard to the financial markets including stocks, bonds and commodities. This is quite surprising especially when considering the extraordinary events happening around the globe. The NASDAQ is, of course...
