Friends   It really was a roller coaster week, but in the end the bulls were firmly in control as the market averages challenged their all-time highs. The market’s resilience has been very impressive given the confusing data and headlines investors are dealing...

Friends   Early gains quickly disappeared as the narrative again focused on tariffs. Stumbles by Eli Lilly, Caterpillar and Salesforce also added to the pressure on the market averages, but basically the back and forth between up and down days continues.  ...

Friends Becoming more convinced that the Fed will cut the Fed Funds rate in September, market participants bid stocks higher today. As we hear from Fed officials via interviews and speeches it is becoming clear that they are on board for a couple of rate cuts in the...

Friends Some weakening economic data and a lot of tariff talk sent stocks lower after yesterday’s big rally. The ISM Services index was flat in July, and being that Services account for about 70% of the U.S economy that was a significant slowdown. Added to that news...

Friends Stocks recovered most of Friday’s losses as market participants shrugged off that disappointing jobs data and decided that the likelihood of Fed rate cuts is good for stocks. Of course, tomorrow might bring a different narrative, but for now the bulls regained...

Friends This morning’s jobs report certainly stirred up the markets. Not only did the July number come in much lighter than expected (73,000 new jobs vs. an estimate of about 100,000 to150,000) but May and June’s numbers were revised much lower. The President wants...