Understanding the US Debt Ceiling
NEWS ALERT - U.S. Could Default as Soon as July if Debt-Ceiling Standoff Isn’t Resolved (The Wall Street Journal, February 15, 2023) What...
Feb 15, 20234 min read
Why Energy Stocks Decoupled from Crude Oil Price
Energy stocks (represented by the S&P 500’s Energy subindex) rose in the six months ending November 20, 2022, despite a massive drop in...
Dec 8, 20223 min read
ESG vs. anti-ESG: BlackRock in the cross hairs
Critics of BlackRock are urging investors to avoid funds offered by the investment management firm, the world’s largest. This effort is...
Sep 30, 20225 min read
Why you should not listen to the Doomsayers.
Every so often, on CNBC or in the Wall Street Journal, some investment luminary declares that it is time to get out of the market. The...
Sep 21, 20224 min read
3 Reasons Why You Must Not Panic
On September 13, August's US Consumer Price Index (CPI) numbers were released. Inflation had been widely viewed as moderating, but the...
Sep 14, 20222 min read
In Case You Missed It ...
Last week we received some prominent media attention in response to research published by our partner Martin Fridson on the recent high...
Aug 24, 20221 min read
Why We Are Ready to Say Goodbye to Gold
Gold is viewed by many as one of the main hedges against inflation. With the Consumer Price Index up 9.1% year-over-year in June and gold...
Jul 26, 20221 min read
What to Expect During a Bear Market
The stock market officially entered bear market territory on Monday, June 13, according to the conventional definition of a 20% decline...
Jun 16, 20223 min read
How to Navigate a Bear Market
The conventional definition of a bear market is a drop of 20% from its peak. Therefore, even though the S&P 500 is down by 18.6% since...
Jun 12, 20224 min read
Why Credit Markets Aren't Pointing to a Recession
Many look very closely at the yield curve to find clues of a potential recession. Credit markets/high yield bond spreads are perhaps even...
Apr 18, 20221 min read
