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...
President-Elect Trump Has an Inflation Problem

President-Elect Trump Has an Inflation Problem

December 30, 2024 Uncertainty stems from the simple fact that change is hard. Everything President Trump wants to do in the next four years will face powerful opposing forces – and not always Democrats. That will include fixing our debt problem, which in my view is...