One Year Later – December 18, 2019
A year ago, stocks were in the middle of a serious correction, with the S&P 500 Index2 losing nearly 20% over three months (St. Louis…
The Fed, the Consumer, and Trump – December 11, 2019
The Fed has lowered its key rate three times since July to a range of 1.50-1.75%. On Wednesday, it’s widely expected the Fed will hold…
When Good News Is Good News – December 9, 2019
The U.S. economy generated a surprisingly strong 266,000 new jobs in November. The jobless rate fell from 3.6% to 3.5%, tying a 50-year low per…
Shake and Bake – December 4, 2019
As we entered the fall, positive headlines on trade reduced volatility, and stocks moved to new highs. In November alone, the S&P 500 Index2 closed…
Office Closure – November 27, 2019
Please be advised that our office will be closed Thursday and Friday this week for Thanksgiving and Black Friday. We will resume our regular hours…
Softer but No Recession – November 25, 2019
Leading economic indicators are suggesting economic growth will soften through the end of the year, but we’re not seeing signals that a recession is looming….
Buy High, Sell Higher – November 20, 2019
Buy high and sell higher—I know, it sounds counterintuitive. Let me explain. Through the three years ended November 18, the S&P 500 Index2 has registered…
Stocks and Rate Cuts and Performance… Oh My – November 18, 2019
The Federal Reserve has cut interest rates three times this year. Following October’s meeting, the Fed signaled a shift in its stance, suggesting we won’t…
I Get Knocked Down but I Get Up Again – November 13, 2019
If we plot yields of Treasury bonds based on maturity, we get what’s called the yield curve. Normally, watching the yield curve is like watching…
Q3 Earnings Season Enters the Final Stretch – November 11, 2019
We’re well into Q3 earnings season. While the numbers have been mixed, most companies have topped a low hurdle, which has eased worries about the…