Category Archive

The U.S. Federal Reserve still managed to deliver a surprise to markets this week.

The time has finally come.  At long last and following nearly two years of anticipation, the U.S. Federal Reserve is ready to begin delivering the interest rate cuts investors have longed for.

It’s time again. Much like the Olympics and the FIFA World Cup, it’s an epic event that comes once every four years. It is U.S. presidential election season.

Mega cap technology titan Nvidia posted earnings after the bell on Wednesday.  The company vastly exceeded stated analysts’ expectations both on the top line and the bottom line.

The sudden and sharp stock market correction that marked the beginning of August has quickly become a distant memory.

As you can see from the table above, we are on pace for an annual deficit of $2 trillion, give or take a couple of hundred billion. This mismatch between revenue and spending is pretty much as predicted, and nobody seems too bothered by it. Some ritualized denunciations of the growth in the national debt and deficits are appended to …

The stock market dominates the headlines, and understandably so.  The S&P 500 has been a stellar performer for years, and the last nine months last year have been no exception, having surged as much as nearly +40% trough to peak since late October. 

The U.S. stock market is on the retreat. After peaking in the middle of July at 5669 on the S&P 500, U.S. stocks have fallen by as much as -5%.

Technology stocks have been a force behind capital market gains for nearly a decade.

History does not repeat, but it sure can rhyme. We are heading into the prime of the political election season, and with the various speeches and pontifications from our leading candidates comes statements that end up having meaningful market consequences.