Wednesday’s Home Purchase Index fell sharply to the lowest level since 1995. The index...
Staples or Discretionary Stocks?
Consumer staple companies typically include companies that sell essential goods. As such, earnings...
Apartment Rents Will Dampen Inflation
Housing comprises almost 40% of CPI, of which rents account for about three-quarters of that...
German Economy Slips, Will The U.S. Follow?
German economic growth in the fourth quarter was revised lower to negative 0.4%. More concerning,...
Corporate Bonds Have No Recession Fears
Tuesday’s Commentary led with a discussion of equity valuations and margins. Both are well...
Natural Gas Prices Plummet
In mid-August, the price of natural gas peaked at $9.33. Forecasts for a cold winter here and in...
Margins and Valuations Put Stocks at Risk
These days the financial media spends a lot of effort linking the Fed’s future actions with...
Higher for Longer Spurs the Dollar
As we share in a section below, it is becoming more evident the Fed intends to raise the Fed Funds...
Crypto Is Coming Back To Life
Bitcoin and other cryptocurrencies rose over 10% on Wednesday. Per the graph below, Bitcoin, the...
5 Percent Yields Incentivize Cash Allocations
6-month and 1-year Treasury bills yields are above 5 percent, marking the first time a Treasury...