Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the

The following from Econoday’s commentary on yesterday’s release of the November Manufacturing Purchasing Manager’s Index (along with other data points) speaks to why we presently remain

The Trump/Xi meeting happened over the weekend, and they did call a truce. What I can confirm from the commentary (there’s been notable differences

The coming week is bound to be a wild one for the markets: Fed Chair Powell reports to Congress on Wednesday and we get

Today’s monster rally was the biggest in 8 months. Here’s my take: Virtually without exception you’ll find the media’s explanation to be that today’s

Notes from the Dallas Fed Manufacturing Survey released this morning speak volumes about why we said at the beginning of the year (and have

In last Monday’s post I wrote: “Sometimes immediate conditions are such that the would-be buyers decide to sit on the sidelines for days, weeks,

As we anticipated, and have expressed herein, the Dow is highly likely to, at a minimum, test its recent intraday support level. Today it

We’re generally not ones to say “we told you so”, but today’s worse than expected durable goods orders report is consistent with our somewhat

While White House Econ Adviser Larry Kudlow tried his best this morning to talk up the market by talking up the U.S. economy, he