The Federal Reserve held their seminal meeting last week and came to the conclusion that the economy was nearing a point where a rate increase is likely. Fed Chairwomen Yellen said:
"Indeed, in light of the continued solid performance of the labor market and our outlook… More >>
With equity valuations extended, and earnings growth in the 5th consecutive quarter of recession [i], it's hard not to wonder when a correction, or worse, a bear market might ensue. Confounding the situation is all the positive macroeconomic news which suggests the… More >>
On Thursday, the Dow Jones, NASDAQ, and S&P 500 all hit all-time highs, respectively. [i]
According to our research vendor, Bespoke, the last time this occurred was December 31st, 1999. The likely reason no one remembers this moment was that we were all too… More >>
In spite of the continued corporate earnings recession (now in its 5th consecutive quarter), the U.S. Consumer looks resilient and getting even stronger.
The most recent Jobs Report was a blockbuster. The U.S. Economy added 255,000 jobs during the month of July. Most of… More >>
I was fishing in the shallow water Bayou's of Louisiana recently and was amazed at the capabilities of our large boat. Given such challenging operating conditions, it just skimmed through the water; the boat had approximately 18 inches of draft - the minimum depth a boat… More >>