The US Dollar has been on a breathtaking rally we have not seen since 2010. The last time the US Dollar reached this level of value relative to other major currencies, our economy was finally emerging from the worst recession since the Great Depression and The Fed's… More >>
Last week was witness to the largest IPO in the history of the world.[i] Alibaba, the Chinese e-commerce company, launched its initial public offering on the New York Stock Exchange and raised a record setting $25 billion.[ii]
As of the close of trading on Friday,… More >>
It should be no surprise to any investor that the economy, and in many respects the US equity markets, have been propped up by the Federal Reserve's quantitative easing (QE) over the last 6 years.[i]
On Wednesday of this week, the Fed will convene to discuss the future… More >>
While the recent jobs report showed some weakness for the month of August, it's hard to argue that the US economy is slowing. US GDP is on an upward trajectory albeit slower than, and certainly not as strong as, most people would prefer.
In last week’s post, we… More >>
We have had some pretty strong confirming data the economy has been on a firmer path to recovery in Q2 of this year after a disastrous fall in Q1. Q2 GDP was confirmed to grow at an annual rate of 4.2% as reported by the US Department of Commerce.[i]
Looking back is at… More >>