The Stock Market Bubble —and How to Play It Every stock market bubble begins with a story, and make no mistake—this is a stock market bubble. The story began easily enough, if not with “once upon a time.” A virus forced the country to shut down and accelerated the...
Is everything “priced in?” Investors have gone “all in” with a disregard for caution. But with markets extended and overvalued what should investors do now? As discussed in this past weekend’s newsletter, investors got even more speculative during the recent...
Looking at the key market events this week, central banks take center stage, with a raft of policy announcements due from around the world. The highlight will come from the Federal Reserve on Wednesday, though we’ll also get decisions from the Bank of Japan and Bank...
What’s going on with the U.S. stock market’s amazing performance in these pandemic times? Quite a lot, actually. In the second quarter, the economy contracted by an annualized rate of about 33 percent, while gasoline prices rose more than 12 percent, and...
If remote work has you missing your daily Starbucks cold brew (with 8 shots of espresso), you aren’t alone. According to the coffee colossus, COVID-19 — and the related fall in foot traffic — led to a revenue decline of $2.3B last quarter. As highlighted...