Federal Reserve Chairman Jerome Powell, keeper of the buck, speaks today. Should we care, investors and investor-relations folks? There’s been less worshipfulness in the Powell Fed era than during the Yellen and Bernanke regimes. Out of sight, out of mind. …
View pageI like Thanksgiving. We may not all always feel grateful for our circumstances, but an attitude of gratefulness is healthy, I’m convinced. So, happy Thanksgiving! Karen and I will be feeling festively appreciative this year high in the Rockies, in…
View pageHow is it that stocks and oil fall if no one is selling them? There’s an answer. Tim Tebow once famously sent a one-word tweet: “Motivation.” For Tebow (Karen and I were downtown years ago when Tim was a Denver…
View pageAs the colors of political persuasion in the USA ripple today, what matters in the equity market is what the money is doing. We measure Sentiment by company and sector and across the whole market daily. It’s not mass psychology.…
View pageBoo! As the market raged high and low, so did Karen and I this week, from high in the Rockies where we saw John Denver’s fire in the sky over the Gore Range, down to Scottsdale and the Arizona desert’s…
View pageAnybody hear yesterday’s volatility blamed on Counterparty Tuesday? Most pointed to earnings fears for why blue chips fell 500 points before clawing back. Yet last week the Dow Jones Industrial Average zoomed 540 points on earnings, we were told. We…
View pageAs stocks fell last week, pundits declared that interest rates and trade fears had shaken confidence. Yesterday as the Dow Jones Industrial Average zoomed 540 points, earnings, they declaimed, had brought investors rushing back. Oh, and easing trade tensions. Didn’t…
View pageWhy is a paltry dab of trading volume showing up in settlement data? Those of you with furrowed brows wondering what I’m talking about, let me explain. Speaking of explication, I’ll be sharing our discoveries about exchange-traded funds with the…
View pageWe were in Portugal and our electric toothbrush went haywire. It would randomly turn on in the night, and no amount of pressing the button would silence it. We abandoned it in Evora in the shadow of 2,000-year-old Roman aqueducts…
View pageBom Dia! We returned Monday from Portugal after two fantastic weeks roaming and pedaling this land famed for its explorers. We stood at Cape St. Vincent, once the end of the known world where Vasco da Gama, Ferdinand Magellan and…
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