Today marks the 3-year anniversary of the COVID market low: March 23, 2020. Three years ago today, mankind, civilization and global markets were reeling from the onset of COVID. The daily images of illness and death were real and shocking. The global economy had been purposefully shuttered. Markets were collapsing... read more →
Mar
15
There is certainly a lot happening in the financial markets right now. It is more important than ever during times like this to step back and focus on what we do know. And the clearest messenger right now is the bond market. We have discussed the 10-2-year treasury yield curve... read more →
Mar
09
As much as Fed Chair Jerome Powell may claim that the Fed is not trying to push the economy into recession, it is becoming increasingly likely that their fight against inflation will produce that exact result. Following a series of stronger than expected economic data prints over the last couple... read more →
Mar
01
With 475 companies (96% of market capitalization) of the S&P 500 index having reported 4Q 2022 results, the earnings season is officially drawing to a close. As expected, 4Q 2022 was the first quarter to record negative year-over-year earnings growth since 3Q 2020, with earnings declining by 4.9% compared to... read more →