Everyone’s been complaining that the market lacks breadth, and now we have more of it. On October 22, 324 of 500 S&P 500 companies gained, with the median stock up 1.09% (177 gained over 2%). Yet the ...

Economist Chris Rupkey on the Crash of 1987 October is known for many things, with incredible market crashes likely at the top of the list. The crashes of 1929 and 1987 stand out for many investors, ...

The Fed raised interest rates in September for the first time since 2023, and the AI spending boom hasn’t slowed. The New York Times recently explained why: if a company expects an AI project to earn ...

“I have a theory that the truth is never told during the nine-to-five hours.” Hunter Thompson, American Journalist and Author For the first time since August 13, the S&P 500 closed at a new all-time ...

We just got the latest read on the Fed’s preferred inflation metric, the personal consumption expenditures (PCE) index. This was an important release because the Bureau of Economic Analysis revised ...

Some of Dr. Su’s first strategic decisions included two controversial focuses that ultimately paved the way for AMD’s turnaround: enhance supplier relationships to remain asset-light, and pursue ...

The headline above seems ridiculous when gas prices are almost $4.50/gallon and diesel is at a record $6.52/gallon (nationwide averages). Inflation is running hot across the board, from electronics to ...

“The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it.” -Michelangelo There’s an old saying on Wall Street to never short a dull ...

The Fed raised rates by 0.25%-points at their September meeting, taking the policy rate to 3.9% (3.75-4.0% range). That wasn’t a surprise, with Fed funds futures pricing in over a 90% probability of a ...

“At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained.” Ben Bernanke, former Fed Chairman, on March 28 ...

The evidence for a hot economy keeps racking up. As I see it, the industrial economy is clearly in a boom on the back of enormous AI-related investment. A lot of folks pointed to a slowdown in payroll ...

“The way I see it, if you want the rainbow, you gotta put up with the rain.” Dolly Parton First off, many of my best childhood memories were taking vacations down to the Smokey Mountains. Gatlinburg, ...