Blowout Philly Fed followed by weak LEI
Two reports out this morning showed a mixed view on economic conditions.
Read MoreTwo reports out this morning showed a mixed view on economic conditions.
Read MoreWe continue to expect further pullback in the market as highlighted in Time for a pullback.
Read MoreInvestors Intelligence reported that bullish sentiment among newsletter writers rose for the sixth consecutive week to 58% from 56.7%.
Read MoreData out this morning from the Commerce Department signaled strength in the housing market is cooling.
Read MoreThe three major US equity indexes all traded slightly lower today. The S&P 500 (SPX) finished down 10 points today. Energy was the worst performer as oil was down…
Read MoreThe S&P 500 (SPX) is up 20% for the year and 6% for the current quarter, which we believe discounts the likely July Fed rate cut and a less-negative…
Read MoreRetail sales data beat estimates across the board and showed spending remained healthy in June.
Read MoreAlthough it was a relatively quiet trading session, the Dow Jones Industrial Avg., S&P 500 and Nasdaq Composite all managed to add to last week’s record highs.
Read MoreI am sitting on delay at Newark heading to Minneapolis and Chicago to meet with Institutions, CIOs, and individual investors.
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