SPX climbs back from early losses
Chinese officials took further steps to limit the spread of the deadly Wuhan coronavirus, but investors still remain wary of a possible pandemic and the potential impact to global growth.
Read MoreCredit indicators update
Since the initial inversion in the spread between the U.S. Treasury 2-year yield and the 10-year yield last August, we closely monitor credit conditions for an indication that a recession…
Read MoreEconomic: Leading Index below estimates in December
The U.S. Leading Economic Index (LEI) was reported at 10am and it showed a decline in four out of the last 5 months in 2019.
Read MoreIndividual investors turn the most bullish in 15 months
Similar to newsletter writers, individual investors are also the most bullish since the first week of October 2018.
Read MoreMorning thought following client visits
I spent yesterday visiting with clients in Connecticut. I had one meeting in particular that surprised me. I last met with this one client early last year and they wanted…
Read More