Published September 6, 2019
For the past month stocks have chopped within a fairly wide range as the circled area on the chart below shows. Hemmed in by on-again, off-again trade tariff talks, stocks have made no progress over the past year. (more…)
Trade tariff
The Dreaded Yield Curve Inversion
Published August 16, 2019
Like a surfer bounced by wave upon wave, investors were hit this week by a second wave. After a one day burst of market joy as the Trump Administration dialed back the September 1st imposition of trade tariffs, the U.S. Treasury bond market was rocked by a deeper reduction in yields. (more…)
Smallcap Stocks Fail to Find Buyers
Published May 31, 2019
At the beginning of this month of May we concluded our weekly blog with the following:
“Were smaller, riskier stocks to find strength, it would be a real boost to the market’s rally effort as there is clearly some “wall of worry” built into this market.”
By the end of the month, the market’s answer was clear: there would be no boost from small and midcap stocks. (more…)
Bonds Rip Higher as Stock Selloff Persists
Published December 7, 2018
Stock investors were reminded this week that the market remains unhealthy. After approaching a retest of this market correction’s lows a couple of weeks ago, stocks ripped higher last week to recover all of the ground given up the week before. This week began well. (more…)