The normally reliable US bond market is sending conflicting signals at the moment, adding to the confusion about whether the... read more →
Number #1 question being asked now sounds like this: “Why should I invest now?” The Fed is raising rates, recession... read more →
Energy outperformance has cooled recently, which was to be expected after an historic run of outperformance from January to June.... read more →
Tougher/tighter financial conditions and an aggressive Fed still playing from behind with regards to rates and inflation are purposefully destroying... read more →
The S&P 500 index is roughly halfway through reporting season for 2Q results, with 282 companies out of 500 having... read more →
We have been talking about tighter financials conditions (higher rates, higher yields, tougher lending, etc.) and the theme of demand... read more →
This morning’s GDP report noted contraction for the second quarter in a row. We can debate inventory builds and trade... read more →
The bond market already has hiked rates to 3%. The Fed is playing catch up but will get there in... read more →
It is hard to believe it has already been more than a year since Congress Wealth Management (“Congress”) acquired Pinnacle... read more →
Volatility fatigue led to extreme weak investor sentiment which has now finally translated in defensive portfolio positioning. Actions speak louder... read more →