Famous “Market Rules to Remember”

Famous “Market Rules to Remember”

February 24, 2025 As the market remains frothy from a historical perspective, I encourage you to read some interesting points from Merrill Lynch’s former Chief Market Analyst, Bob Farrell. His famous “Market Rules to Remember” first appeared after the dot-com bubble...
Cheaper, Faster Government Is Not Guaranteed

Cheaper, Faster Government Is Not Guaranteed

February 17, 2025 You’ve probably heard of the new Department of Government Efficiency, or DOGE. While it offers long-term promise, it’s suffering some short-term peril. When it comes to spending, it almost doesn’t matter who gets elected president. That’s...
A Trend Towards Higher Rates

A Trend Towards Higher Rates

February 10, 2025 The bond market may be starting to worry. Last year was a good one for stocks. The Nasdaq Composite Index gained 28%, the S&P 500 gained 23%, and the Dow Jones Industrial Average rose almost 13%. But if you look closer, both the 30-year and the...
Tariffs, Immigration, And Taxes

Tariffs, Immigration, And Taxes

February 3, 2025 Let’s talk about three key pillars of President Trump’s policy agenda: tariffs, immigration, and taxes. Tariffs have been a Trump centerpiece. He announced his intention to impose 25% tariffs on Mexico and Canada, our two largest trading partners...
An Early Warning Indicator of Market Turbulence

An Early Warning Indicator of Market Turbulence

January 27, 2025 The U.S. stock market had one of its best years ever last year. As of this writing, the S&P 500 was up over 25% for 2024. It marks two consecutive years the S&P 500 had 20% gains or more. If it does it in 2025 too, it’ll be only the...