Economist Milton Friedman and I have many things in common,. We both believe that inflation is driven by the excess... read more →
A few takeaways from this morning’s payroll report: Payroll employment with revisions increased +368k……still hotHousehold employment increased +320k……still hotUnemployment rate... read more →
Corporates insiders have an unusually good track record of timing their personal buys/sells. There’s a process around their trades and... read more →
Over the past several months we have talked often about the root cause of the current inflationary environment. We can argue... read more →
Stocks may not be cheap but they are definitely not expensive anymore. Great companies are still growing earnings; in fact,... read more →
Over the last few turbulent months, we have highlighted a few individual sentiment indicators as they reached extreme bearish levels... read more →
Last week’s Consumer Price Index inflation data noted elevated levels of inflation but also some signs that inflation may be... read more →
There have only been 12x in the past 60 years in which greater than 93% of the trading volume of... read more →
Yesterday afternoon big risk rally was a pleasant break. The market came into Powell’s press conference oversold, looking for a reason... read more →
In March 2009, US unemployment rate was around 10%, the global credit markets were completely frozen, high yield bond defaults... read more →