2023 Challenge: Contradiction
Written by Michael Lebowitz and Lance Roberts | Feb 9, 2023 | Daily Market CommentaryAs we start 2023, the challenge this year for investors appears to be whether we rely on bearish fu...
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Yellen Says No Recession On The Horizon
Written by Michael Lebowitz and Lance Roberts | Feb 8, 2023 | Daily Market CommentaryYesterday, U.S. Treasury Secretary Janet Yellen stated: “You don’t have a recession when you ha...
> Read MoreCorporate Bond Spreads and Defaults Set to Increase
Written by Michael Lebowitz and Lance Roberts | Feb 7, 2023 | Daily Market CommentaryThe graphs below point to a potential problem for corporate bond investors. The graph on the left h...
> Read MoreApple Earnings Break a 7 Year Streak
Written by Michael Lebowitz and Lance Roberts | Feb 6, 2023 | Daily Market CommentaryApple missed earnings estimates for the first time in seven years or the last 28 quarterly earnings...
> Read MoreBLS Employment Preview
Written by Michael Lebowitz and Lance Roberts | Feb 3, 2023 | Daily Market CommentaryHeading into today's BLS employment report, it's worth summarizing other recent labor market data. ...
> Read MoreThe Fed Funds Rate Inches Higher
Written by Michael Lebowitz and Lance Roberts | Feb 2, 2023 | Daily Market CommentaryAs expected, the FOMC increased the Fed Funds rate by 25bps to 4.50%. They also anticipate that "on...
> Read MoreFOMC Cheat Sheet
Written by Michael Lebowitz and Lance Roberts | Feb 1, 2023 | Daily Market CommentaryAt 2 pm ET, the FOMC releases its Fed Funds rate decision, and Powell will hold a press conference ...
> Read MoreSector Rotation- 2022 vs 2023
Written by Michael Lebowitz and Lance Roberts | Jan 31, 2023 | Daily Market CommentaryWhile only a month into the new year, 2023 has been marked by a sector rotation that has mainly bee...
> Read MoreFed Funds Forecasts- Mind The Gap
Written by Michael Lebowitz and Lance Roberts | Jan 30, 2023 | Daily Market CommentaryAs we consider how the Fed might adjust the Fed Funds rate on Wednesday, it's also worth contemplat...
> Read MoreIs Chat GPT Good For Microsoft’s Earnings?
Written by Michael Lebowitz and Lance Roberts | Jan 27, 2023 | Daily Market CommentaryWe asked Chat GPT, the new artificial intelligence (AI) engine, that exact question. The answer fol...
> Read MoreReal Value Versus Wall Street Value
Written by Michael Lebowitz and Lance Roberts | Jan 26, 2023 | Daily Market CommentaryA shift to stocks that offer real value and dividends is one of our key investment themes to start ...
> Read MoreLeading Indicators Warn of Recession Ahead
Written by Michael Lebowitz and Lance Roberts | Jan 25, 2023 | Daily Market CommentaryThe U.S. Leading Economic Indicators, compiled by the Conference Board, fell by 1.0%. The decline w...
> Read MoreMajor Markets Test A Critical Juncture
Written by Michael Lebowitz and Lance Roberts | Jan 24, 2023 | Daily Market CommentaryThe S&P 500 and other major markets are testing a critical juncture. As we highlight below, the...
> Read MoreSummers Warns the Fed
Written by Michael Lebowitz and Lance Roberts | Jan 23, 2023 | Daily Market CommentaryFormer U.S. Treasury Secretary Larry Summers spoke strongly to CNBC about the necessity for the Fed...
> Read MoreThe Debt Limit Is Upon Us Again
Written by Michael Lebowitz and Lance Roberts | Jan 20, 2023 | Daily Market CommentaryThe Debt Limit has been reached, and the Treasury is resorting to "extraordinary measures" to keep ...
> Read MoreYen On A Rollercoaster As The BOJ Disappoints
Written by Michael Lebowitz and Lance Roberts | Jan 19, 2023 | Daily Market CommentaryThe Bank of Japan (BOJ) left its short-term interest rate at -.10% and vowed to maintain a 0.50% yi...
> Read More0DTE, Volatility is Lurking Behind the Scenes
Written by Michael Lebowitz and Lance Roberts | Jan 18, 2023 | Daily Market CommentaryDespite its growing popularity among retail investors and influence on markets, 0DTE is probably a ...
> Read MoreBanks Kick Off Earnings Season
Written by Michael Lebowitz and Lance Roberts | Jan 17, 2023 | Daily Market CommentaryEarnings from the big banks were generally good, but the banks expressed concern about the economy....
> Read MoreHomebuilder Cancellations Are Off The Charts
Written by Michael Lebowitz and Lance Roberts | Jan 13, 2023 | Daily Market CommentaryThe HOPE analysis we presented in Monday's Commentary addressed the typical progression of economic...
> Read MoreA Golden Cross Promises More Upside
Written by Michael Lebowitz and Lance Roberts | Jan 12, 2023 | Daily Market CommentaryA golden cross occurs when a shorter moving average crosses above a longer moving average. Converse...
> Read MoreMarket Shelter With Dividend Aristocrats
Written by Michael Lebowitz and Lance Roberts | Jan 11, 2023 | Daily Market CommentaryLast year, as the market trended lower, higher dividend stocks sheltered investors from the storm. ...
> Read MoreThe HOPE Cycle
Written by Michael Lebowitz and Lance Roberts | Jan 10, 2023 | Daily Market CommentaryMichael Kantro, CIO of Piper Sandler, uses the HOPE cycle to show the order in which economic activ...
> Read MoreSilvergate Capital, Another Crypto Victim
Written by Michael Lebowitz and Lance Roberts | Jan 9, 2023 | Daily Market CommentarySilvergate Capital (SI) fell 40% on Thursday and is down by nearly 80% over the last six months. Si...
> Read MoreGoldilocks Is Not A Likely Scenario
Written by Michael Lebowitz and Lance Roberts | Jan 6, 2023 | Daily Market CommentaryThe Fed Funds Futures market implies the Fed will raise the Fed Funds rate to 5%, keep it there for...
> Read MoreLarge Cap or Small Cap Stocks For 2023?
Written by Michael Lebowitz and Lance Roberts | Jan 5, 2023 | Daily Market CommentaryMany passive investors, such as those in retirement plans, use the start of a new year to reconside...
> Read MoreThe Elephant In The Room -QT
Written by Michael Lebowitz and Lance Roberts | Jan 4, 2023 | Daily Market CommentaryEntering 2023, investors seem to singularly focus on the Fed's interest rate policy, not the elepha...
> Read MoreLooking Back So We Can Look Ahead
Written by Michael Lebowitz and Lance Roberts | Jan 3, 2023 | Daily Market CommentaryLooking back at what drove asset prices is a crucial part of the forecasting process for 2023. In h...
> Read MoreWindow Dressing Trades In Reverse Pulls Stocks Higher
Written by Michael Lebowitz and Lance Roberts | Dec 30, 2022 | Daily Market CommentaryWhile we are still in 2022, stocks traded on Thursday will settle in 2023. This has importance for ...
> Read MoreMastercard Spending Suggests a Meh Christmas
Written by Michael Lebowitz and Lance Roberts | Dec 29, 2022 | Daily Market CommentaryMastercard's SpendingPulse report provides valuable information on credit card spending through the...
> Read MoreSouthwest Airlines Struggles after Holiday Cancellations
Written by Michael Lebowitz and Lance Roberts | Dec 28, 2022 | Daily Market CommentaryExtremely harsh weather conditions from winter storm Elliot resulted in thousands of flight cancell...
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