We view the Institute for Supply Management’s monthly manufacturing and service sector surveys as very important inputs to our macro model.  As we suggested

In last Sunday’s “Headline of the Day” we suggested that the market would warmly greet Secretary Mnuchin’s comments that he was hopeful that the

Last Tuesday we explained why the market aggressively sold off (after opening with strong momentum following Monday’s 660 point rally in the Dow) on news

On March 13th we devoted our weekly message to why we like financials right here. Sharing our view of a given sector’s prospects serves to

Now hear me out, I’ll keep it short: While this morning’s trade report provides yet more fuel for the Administration’s fire (the “deficit” came

Like I suggested this morning, we’re still very much stuck in the short-term woods. Here’s the latest out of Washington: “There will be limitations

From the get go, we’ve expressed our concerns with regard to the risk of the Administration making good on what many thought was mere

In Saturday’s blog post we said that the backdrop for equities is such that if the U.S. protectionist push  “doesn’t get drawn out long

While the market’s understandable tanking last Thursday and Friday — along with the accelerated selling right at the close for the week — bodes

Here’s a snippet from this morning’s entry to our internal log. In essence, it’s what I’m thinking about the immediate market impact of recent