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Trading Desk: Recession Or Rotation?

We’ve seen US stocks sell two “weak” job reports now in the absence of more coherent sell signals, setting up the narrative that Wall Street is buckling up for a serious recession because the Fed stayed “higher for longer” than the economy could bear. There’s a

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Trading Desk: The Secret To Surviving A Crash

We all get a lot of email from analysts and economists fretting about a “crash.” Are we in the early stages of one now? Will it wipe out investment accounts and investor confidence for a generation? Here’s my take on all that. My career started

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Trading Desk: NVIDIA Was Priced Better Than Perfect

Nvidia, the undisputed titan of the AI chip industry, recently unveiled another stunning earnings report, exceeding all expectations with yet another quarter of triple-digit growth and painting a rosy picture for the future. However, the stock market’s response was somewhat muted, with shares slipping in

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Trading Desk: What Are You Afraid Of?

Stocks took a big step back on Thursday because traders were having flashbacks to the summer of 2022, when Fed Chair Jay Powell talked tough about how he was willing to crash the economy in order to kill inflation. I told Fox that night that

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