On balance, last week’s economic data releases were decent; better than decent when we look at consumer confidence, jobs-related data and industrial production. We’re

The mother of the best economist I know passed away on this day in 2008. The tribute he penned to her a decade a

Wow! We had a huge trade surplus in January! Well, not by popular definition, but certainly by your investment consultant’s 😇. In January, foreigners

Now, it is true that the Dow is down over 100 points as I type. And it is true that retail sales unexpectedly dropped

Small business is the employer of U.S. citizens, and, thus, the internals of the National Federation of Independent Business monthly survey account for 3

This week we raised our financial sector target weighting to 18% (from 16%) of equities, making it our single heaviest position (previously tied with

The following headline crosses my screen after what was a strong start for the market this morning: The S&P 500 and the Nasdaq turn

For the umpteenth time, we emphasize that, while our analysis of current conditions favors equities going forward, we see a U.S. push toward protectionism

If you suffer any ambiguity over the steel and aluminum tariff debate, allow Milton Friedman six minutes to clear it up for you: (HT

While getting a jump this morning on our internal weekly macro update, one of the inputs to our index — the “corporate financing gap”