The S&P 500 fell 2.0% this week, and Information Technology (MW) took the biggest hit. The sector fell 6.4%, the worst of the ...

We are downgrading the “Go Global” portfolio strategy from overweight to market weight and raising “Stay Home” (in the US) ...

Last week’s inflation reports came in hot. September’s CPI rose 0.6% m/m, lifting headline inflation from 3.4% y/y in August ...

I. Bonds We've all been suffering from AI fatigue for a while. The daily news about it has been head-spinning. We've been ...

I. Treasury Yields US Treasury yields fell sharply today, extending Wednesday's retreat from intraday highs. The 10-year ...

I. Risk Off Is Back On September 15, we advised our readers to "Proceed With Caution." We postponed our year-end S&P 500 ...

It was closed for Columbus Day. We think that yields have risen high enough to attract buyers. If so, then yields should ...

I. Bonds The Economist just rang the all-clear siren for the bond market (chart). It is safe to buy bonds now that the front ...

I. Bonds The global bond market remains jittery, though yields may be starting to stabilize after their rout in recent months ...

We have spent much of the past few months marveling at Corporate America's Fabulous Earnings Momentum (FEMO). S&P 500 earnings per share growth approached 30% y/y in Q1 and accelerated to more than 50 ...

Bond yields edged down last week. As a result, the S&P 500 edged up, led by interest-rate-sensitive sectors. The AI-related ...

Is the bond selloff the Revenge of the Bond Vigilantes, i.e., a looming debt crisis? Not yet. Despite the recent surge, the 10-year Treasury yield remains below the growth rate of nominal GDP. That ...