Upping the Ante The shot heard around the world in the ever-escalating trade war was fired last night by Donald Trump, threatening to impose another
ECB Announces Dovish Tightening The big market-moving central bank announcement this week was not the Fed. They came out with their so-called “hawkish hike”, but
Fed Raises Rates for the 7th Time The Federal Reserve raised interest rates today. I think this is the 7th rate hike. Six of these
Economy Slowing Down We got quite a bit of economic data that was released today, pretty much all of it confirming what everybody seems to
Markets Rallied on Fed Minutes Interpreted as Dovish Earlier today we got the release of the latest Federal Open Market Committee minutes and before the
Solid Gains Today in the Major Stock Market Averages We had solid gains today in the major stock market averages; the DJIA putting in the
Las Vegas to Vancouver to Las Vegas I’m recording today’s podcast from my hotel room in Vancouver, Canada. I’m up here for a couple of
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Fed is Willing to Tolerate Higher Inflation Today is the first Friday in May and that means we got the April Jobs Report released today,
Market Tends to Produce Better Returns in the First 4 Months of the Year There is an old Wall Street adage: “Sell in May and
