The bubblicious fervor for investing in the FAANG family of equities have been abandoned for technology stocks related to artificial intelligence since early 2023. That niche includes advances in semiconductor functionalities, CPUs, GPUs, microchips, quantum...
The major U.S. stock market indices have had an exceptional rally since the Federal Reserve’s FOMC meeting in Nov. 2023 when the committee membership and Chairman Jay Powell puked a buffet of dovish monetary policy Fedspeak. At the Dec. 13 meeting, they delivered the...
The average U.S. consumer currently spends over $50 more per month for gasoline than during the highly contested presidential election in November 2020. Oil and gasoline prices spiked immediately after the election. When Biden formally moved into the Oval Office in...
Two business days after publishing a bearish late fall analysis on Oct. 29 and one day following “The Federal Reserve at War” penned by Judy Shelton for the Wall Street Journal, an FOMC monetary policy announcement on Nov. 1 was dovish enough to launch a wicked rally...
The #TaperCaper manifested with vigor on a Fed pivot during its FOMC monetary policy announcement last Wednesday which included a new dot plot graph (page 4) that forecasts the slashing of interest rates next year. Any reference to it just being “dovish” is an...