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Last week, the awakening began. In the tawny uptown offices, big banks reported mostly dismal results and warned the economic Trump bump was more smoke than fire. The contrast from January is...
If you remember a few months ago, I wrote a piece covering the history of recessions and expansions – one that said the average length of an expansion is 7.6 years. The longest, just prior to the...
I’ve been plenty bullish on a wide range of sectors – including financials, infrastructure, and defense. But autos are definitely not one of them. That’s because more than a year ago, my...
The President of China, Xi Jinping, is poised to visit President Trump at his Mar-A-Lago hotel resort later this week, and the highest priority on the agenda will likely be trade deals. This will...
Bloomberg View columnist Matt Levine always does a great job making sense of the complicated world of investment banking, hedge funds and credit. Last week, he tackled a February working paper...
Donald Trump’s economic policies get a lot of credit for the recent market surge. And there’s no questioning his positive influence on everything from defense to infrastructure to financial...
Sentiment readings have been soaring post-election, with the possibility of tax cuts, regulation reforms, and infrastructure programs clearly getting people excited. In fact, yesterday’s...
Last week, Republican leaders could not convince their own members to vote to kill Obamacare. So they gave up and moved on. For investors, that should be good news. Healthcare, with its...
Donald Trump is pursuing an “America First” agenda, and that’s been great for stocks and sectors in the industries his policies should benefit the most. That includes defense, financials , and...
Humans are lousy drivers. The fix is coming later this year. A new car promises superhuman driving powers and it will change everything, says a noted analyst. Adam Jonas, an auto analyst at...