$55.07
-0.250 (-0.452%)
At Close: Jun 03, 2026
MacroView: The Fed Has Inflated Another Asset Bubble
11:27am, Saturday, 27'th Jun 2020
Over the last several years, we have discussed the risk of excessive monetary policy inflating a bubble in a variety of assets from debt, to real estate, to sto
Clouds Gather For Oil, Stocks, And Gold In The Short Term - David Brady (June 26, 2020)
11:12am, Saturday, 27'th Jun 2020
Beginning with the fundamental backdrop, we're seeing an increasing number of headlines and states signaling a resurgence of COVID-19, or Wave 2, and talk of re
S&P 500 Earnings Update: Revisions Turned Slightly Negative (Again) This Past Week
10:18am, Saturday, 27'th Jun 2020
Next week, readers will see the quarterly bump in the forward four-quarter estimate. Looking at the forward S&P 500 EPS curve, the revisions this week turned sl
Investors Wrestle With Notion That More COVID-19 Cases Mean More Stimulus
08:03am, Friday, 26'th Jun 2020
Asia-Pacific markets followed the US lead and traded higher. Indices in Japan, South Korea, and Australia gained more than 1%. Europe's Dow Jones Stoxx 600 is u
Financial Conditions Have Eased, But Insolvencies Loom Large
06:27am, Friday, 26'th Jun 2020
After sharp declines in February and March, equity markets have rallied back, in some cases to close to their January levels, while credit spreads have narrowed
The Only Way Out Is Either Hyperinflation Or Defaulting To The Fed
11:28pm, Thursday, 25'th Jun 2020
The amount of US and global debt has massively increased in a matter of months. The debt was unmanageable before - global debt-to-GDP was at an all-time high in
The S&P 500 Is About To Set An All-Time High
02:37am, Thursday, 25'th Jun 2020
The S&P 500 is about to set an all-time high. I can't say it any plainer than that. A perfect storm of conditions has the broad market index set up to rise as m
Economic Data Shows Improvement, But Infection Rates Prove Difficult To Control
08:32am, Wednesday, 24'th Jun 2020
In the US, May retail sales rose a whopping 17.7% from the previous month - a very substantial rebound after an abysmal April. US industrial production also imp
The Consumer Is Not Suffering, Yet
07:00am, Monday, 22'nd Jun 2020
Despite a high unemployment rate and lockdowns, the American consumer as a whole is not suffering. The negatives have been offset by government programs such as
A Viral Market Update X: A Corporate Life Cycle Perspective
10:18am, Sunday, 21'st Jun 2020
Fear and greed are dueling forces in financial markers at all times, but especially so in periods of uncertainty, when they pull in opposite directions, causing
Unpacking The Fed's Corporate Bond-Buying Program
08:57am, Sunday, 21'st Jun 2020
Fed releases new details on plan to purchase corporate bonds. U.S. retail sales surge. Cycle, valuation and sentiment outlook.
Weekly Commentary: Update COVID-19
08:40am, Sunday, 21'st Jun 2020
China is said to have mobilized its 100,000-strong infection tracing force. More than 1.1 million tests were administered in Beijing over the past week. The U.S
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