Economic data such as retail sales, consumer spending, and business inventories pointed to robust growth last month, and inflation data continued to look promising. In a sign of shifting views on the trajectory of the […]
Caught in a Riptide It’s been a while since international topics made regular headline appearances, but that might be changing. For the last year and a half, it seemed as though the only thing investors […]
On the Margin Q2 earnings season is 93% complete as of the time of writing with an earnings per share (EPS) growth rate of -5.2% y/y, while revenue growth is at 0.1% y/y. This will […]
Can You Take Me High Enough? Those are lyrics from a song by the Damn Yankees, a group I know zero other songs from, but which makes me think about all the Yankees fans who […]
Too Early or Too Wrong? It’s no secret that bears have found themselves on the wrong side of the market — and in many ways, the economy — so far this year. I count myself […]