First, the recent post-Facebook scandal market volatility has seen Amazon, Apple, Netflix and Google follow Facebook down. Second, Donald Trump is acting more boldly and more aggressively now on his economic agenda, on trade and on foreign…
In his most recent interview, Jeffrey Gundlach says he sees stocks down for the year. He also outlines at what point he sees a bond bear market. Most ominously, however, he describes the Fed as being on autopilot, with this driving the…
The Fed as the monopoly supply of reserves can and will push the market until it cries uncle. Powell's testimony before Congress is the Fed Chairman's first warning shot. Caveat emptor.
Technological disruption poses serious threats to incumbent businesses. Here are two examples from Artificial intelligence and Walmart's earnings showing how this disruption occurs.
Rotating into emerging market equities as the US market soars is Jeremy Grantham's recommendation. That's a daunting prospect for most US retail investors. Here's why.
This month, we have seen an unprecedented increase in volatility. When the fundamentals take a knock, that’s when we should worry though. Let’s wait for the CPI next week and revisit this conversation.
The short vol trade may now be over. Bond yields will again reach levels that causes angst for equity markets. And equities will tumble. Rinse and repeat.
Yesterday’s market meltdown - and today's reaction - reduces the risk that the Fed will over-tighten, taking froth out of an over-extended market.