There is a growing, although not overwhelming, feeling in the markets that the midterm results have raised the odds of a slowdown in the U.S. economy. Arguably, extremely overbought equity markets are beginning to buy into this thesis, although faintly … Continued
Several crosscurrents are at work in the investing land currently. Equity bulls are at a stage when they are having to celebrate a disappointing jobs report. But the Fed currently is not focused as much on jobs as it is … Continued
Equity bulls bought weakness owing to DeepSeek and tariff jitters. Near term, the major indices act like they want higher prints. Mid- to long-term, the outlook gets muddied thanks to uncertainty owing to the new administration’s trade policy in particular. … Continued
Amidst mixed signals in the economy and divergences with the bond market and crucial metals, among others, US stocks continue to rally to new highs. US inventories are building – again. In October, manufacturing and trade inventories rose 0.2 percent … Continued
The sharp decline in US stocks last October-December forced the Fed to do a 360 as relates to its campaign to tighten monetary policy. The dovish shift apparently wants to unleash animal spirits. Investors have obliged – thus far. Will … Continued