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Stocks walked a lonesome road this week, whistling the blues under their breath, as investors waited for first-quarter earnings season to start in earnest next week. The palpable dread of bears...
Thanks to Silicon Valley, the world of finance is in the middle of a technology revolution. Old business models are being slain by taps, swipes and software. Bankers know this, and they’re...
My sonic tastes are pretty eclectic. Modern and classic rock. '80s and '90s. Electronic or “chill out” music. You’ll find a little of everything on my various playlists. But early this morning,...
The S&P 500 keeps clawing its way higher. This is despite the fact that many market bears are standing around like impatient undertakers, ready to slam the lid on this rally. Well, they’ll be...
Stocks mostly drifted higher over the past week like snowflakes shifted into reverse, as investors were amused by the latest White House promise that trade talks with China were going swell and...
I’ve got two charts for you, and they sum up to my professional opinion that President Trump will legalize marijuana on a federal level. And he’ll do it around the 2020 election. This will have...
Baseball season is underway again! Stadiums are already serving up massive quantities of hot dogs and bags of peanuts. Outfielders are making the requisite highlight grabs (and groan-inducing...
It’s cool now, but in the future, carrying a credit card or smartphone to tap and pay is going to seem ridiculously antiquated. Payments will happen in the background, magically. That’s the...
In recent trading sessions, investors have been faced with a series of signals that global growth could be set to slow. The U.S. yield curve inverted, just as the yield on 10-year German...
Last Friday, the yield on the three-month Treasury bill was higher than the yield for 10-year Treasury. That may not sound like an earth-shattering development. But we haven’t seen this kind of...