Hold for a Pause I’ll resist the urge to declare, “That’s all folks,” because we never can be sure — but it sounded to me like this was the last rate hike. In a widely […]
Starry-Eyed Surprise The theme this week is a tough one to figure out, so I’ll spell it out — these are all titles of songs that were hits in 2002. As we work our way […]
Whistle While You Wait Stop me if you’ve heard this before: Sentiment is bearish. Even some of the most bullish voices have turned down the volume. Positioning on speculative S&P 500 futures contracts is the […]
Seeping Out of the Balloon The latest Consumer Price Index (CPI) data showed a cooling in the headline number to 5.0% y/y from last month’s 6.0% reading. That’s a good sign inflation is moderating by […]
Livin’ on a Prayer The next stop on the market news train is Q1 earnings season, which begins in earnest next week, and the industry group kicking it off is…wait for it…banks. All eyes and […]