Friends The election is over and we are left with government that is basically the same it was yesterday. No change in the White House and very little change in Congress. All that money spent and basically we are right where we started. Oh well, as we say around here,...

Friends Here are my two interpretations of today’s rally (and it was a nice one indeed). The first interpretation is that traders believe that Obama will win, and that means more of the same of what has moved the markets in the past three years (easy money and...

Friends Yes, the election is tomorrow and I will be glad when it is over and behind us, but I wanted to begin today’s note with a special “thank you” to Carolyn Ilse who is going to be leaving CHJ in a couple of weeks. Carolyn was integral in helping to get this...

Friends Well, is everyone ready for the election – to be over? Yes, the political storytelling is getting real tiresome, but by next Wednesday it will all be behind us (at least I hope). Anyway, this morning’s employment report confirmed that things continue to get...

Friends We had a lot of economic news today including the ADP Employment Report, Weekly Jobless Claims, ISM Manufacturing Index and Consumer Confidence and the main takeaway is that on the whole, the domestic economic situation is strengthening. Sure, it is very...