Latest Insights
IPO Corner: The Robot Takeover
We’re in the middle of another perfect storm… only this time, the stage is set for what some tech enthusiasts have predicted for a long
Global Trader: The Bear Goes Global
Here’s a little secret: U.S. stocks are still the envy of the world. Money still flows into Wall Street from all nations. The best companies
IPO Corner: The Robot Takeover
We’re in the middle of another perfect storm… only this time, the stage is set for what some tech enthusiasts have predicted for a long time: the robot takeover. While it’s not quite that dramatic, it also may be. The pandemic has us rethinking offices
Global Trader: The Bear Goes Global
Here’s a little secret: U.S. stocks are still the envy of the world. Money still flows into Wall Street from all nations. The best companies headquartered all over the planet come here to make sure their shares are listed. It’s not just my own patriotic
Daily Update: How Good Is Your Economic Crystal Ball?
So it’s official. The first bear market for the S&P 500 in two years and the third since the 2008 crash is upon us, leaving stocks at levels that Goldman Sachs says line up with 100% certainty of a full-fledged recession on the horizon. Of
Daily Update: Recession Is Inevitable (But Not Here Yet)
It turns out that some of the most prominent people calling for a recession got more attention than they wanted. The market priced in a worst case scenario yesterday, which is part of why it’s bounced back a little today. Granted, there’s a lot of
Special Market Update: Capitulation At Last?
This morning opened on a sour note and the selling has now gotten heavier, with the Dow industrials dropping 1,000 points (3.6%) and the NASDAQ once again leading the way down with a 5% slide. All of the biggest stocks are in negative territory, with
Daily Update: Too Many Jobs, Too Much Cash
Jay Powell used the word “excess” five times in his latest press conference. All of them referred to too much of a good thing, which leads him to believe Main Street can withstand higher interest rates better than persistent inflation. Start with household balance sheets