Is the Party Over?

March 31st Weekly Market Update Consumers are the most confident they have been in over six years, according to last week’s widely watched consumer confidence report from the Conference Board. Investors have been feeling confident too. The high valuations of stocks in...

What Is Priced In?

March 24th Weekly Market Update  The S&P 500 seems to have absorbed the prospect for rate hikes by the Federal Reserve (Fed) beginning as soon as the middle of next year reasonably well. While stocks slid on Friday, March 21, early in the day they hit a new...

March Madness in the Markets

Week of March 17th Weekly Market Update With the exception of last year’s steady rise, March has been maddening for investors. In three of the past four years the S&P 500 raced higher in March only to reverse all of those gains in a pullback of about 10% that...

Europe’s Big Bet

March 10th’s Weekly Market Update Bond yields have fallen this year, but they began to rebound in the United States in the latest week as the glass-half-empty bond market realized the all-time high stock market may have it right. But this was not the case in...

Stocks Go From Great to Good as the Bull Turns Five

March 3rd Weekly Market Update The end of this week will make it five years since the second most powerful bull market in post-WWII history began. After five years, only the bull market that began on August 12, 1982 was stronger. It is not over yet. In fact, the bull...