I’m sure most didn’t look at Chairman Jerome Powell’s statement as it relates to the Federal Reserve’s modification to their long-standing inflation target policy last week. He was addressing the dual mandate Congress gave the Fed to create price stability and full… More >>
When we’ve talked about a return to normal, one of the last things we would think of is a return to all-time highs on the S&P 500. But, that is exactly what occurred last week, 148 days after bottoming, the S&P 500 broke above its all-time high on August 18th!… More >>
Critical COVID-19 legislation is on hold as both sides of the aisle bicker over who gets what in the next round of stimulus, with the two sides far apart on the critical question of state funding. [i]
Democrats want over $1 trillion in the next round of COVID-19… More >>
The “V” shaped economic recovery most were predicting has hit a pocket of turbulent air. It might have even stalled.
The July employment report suggested that the jobs recovery moderated from the blistering pace seen in May and June. [i]
The jobs recovery, albeit muted… More >>
The overwhelming consensus from the clients and investors I speak to on a daily basis is a fear of what the election will bring. Actually, it is a fear of the market’s reaction to the election.
It is impossible to predict what will happen—and almost anything could. Four… More >>