Market Update
The U.S. added only 12,000 jobs, falling significantly short of the 100,000 that economists had anticipated. Combined with persistent "sticky inflation" that remains stubbornly high, the stagflation scenario I discussed
Market Update
Powell is speaking later this morning, and we'll see whether he sticks with the usual "data-dependent" remarks or offers any new guidance on future monetary policy. No matter what he
Market Update
Stocks surged yesterday after Producer Price Index (PPI) data came in lower than expected. Today, the Consumer Price Index (CPI) also slightly undershot estimates. So for this morning, markets are
Market Update
President Herbert Hoover remained firm on "Black Thursday," even as the Dow Jones Industrial Average took a 21% dive. Hoover downplayed the signs of economic distress, assuring journalists that: “The
Market Update
Yesterday, the market initially dipped in response to robust retail sales figures. However, it swiftly reversed and trended upward. Given the prevailing negative sentiment and extensive short positions in both
Market Update
If you have followed our updates, yesterday’s volatility aligned with our expectations. Understand the markets just don’t go up forever, they have pullbacks, and this is a pullback we estimated. We have
Market Update
Tech stocks are facing downward pressure this morning due to Netflix (NFLX) and Tesla (TSLA) experiencing declines. However, other indices like the Dow and Russell 2000 are relatively stable today. It's
Putting Things in Perspective
Being the last trading day before Christmas, I thought I would have some fun today and share my thoughts on different approaches to investing… When I was 18, my friends and
Game Plan Update
We see a divergence in the market. Tech and semiconductors are starting the day higher, while financials continue to fall. Not a lot of momentum, but it's something. If we can get