The first chart below jibes perfectly with our reporting herein on general conditions for stocks: click to enlarge… Bottom line: Earnings have been better

Well, dang!  Thanks – more than anything else — to threats of a global trade war, stocks essentially missed out on (unless of course

As we’ve been reporting, our analysis of current conditions suggests very low risk of recession on the near-term horizon. However, to some, one popular

Ironic how the U.S. Postal Service remains mired in government bureaucracy while Germany and Britain turned theirs over to the private sector, and they’re fixed.

A friend, and BTL reader, told me recently that in reading the blog he senses that talk of tariffs for me is akin to

Bringing you this week’s message early, as I’ll be away from the office Tuesday through Friday (what’ll you do with all that extra reading

The entries thus far to our April current trends file pretty much jibe with the latest reading from our macro index.  In a nutshell:

You and I can have a legitimate debate about the good and bad of employment trends in manufacturing. And we can legitimately debate the

While we’re ultimately concerned with general conditions, and allocate accordingly, we nonetheless pay very close attention to the day-to-day developments that impact short-term market

If you’re our client financials is presently your portfolio’s top sector weighting. We outlined our bullish thesis in our 2017 year-end letter. Per point