Q. If the government shuts down on October 1st, are stocks in for a rough patch? Goldman Sachs recently concluded that U.S. government shutdowns generally have not meaningfully impacted equity returns. In the 14 government shutdowns since 1980, the S&P 500...
CNN Business runs a “Fear and Greed” index which currently leans more towards “fear” than “greed.” The reading is generated by seven indicators including price momentum, put/call spreads, junk bond demand, market breadth, and market volatility. The current reading...
Fed Chair Powell’s speech last Friday at the Jackson Hole economic policy symposium is key for investors to gauge short and intermediate-term monetary policy. The bottom line is that easy monetary policy will remain for some time to come. The large number of...
Last week when stocks were rising with the S&P 500 closing at its fifth straight record high, investors seemed unfazed by a Fed taper later this year. After yesterday’s FOMC minutes and three sharp down days in a row, the market now worries over a Fed taper. ...
This quarter’s corporate earnings reports have been stellar. With about 40% of S&P 500 companies having now reported, 91% beat analyst expectations, the highest level on record according to Refinitiv. But that doesn’t mean their stock prices rose as...
