I started penning this update with my recurring rant about the antics of the Trump Administration. The daily “war is over” rhetoric coming from the leader of the free world is super-annoying, especially since Iran and the U.S. remain more or less deadlocked, with the Strait of Hormuz closed and no oil flowing through it. But does this really matter anymore, at least to investors? Yes, higher oil prices are hurting consumers (see “Consumer confidence” below) and will rev

Stocks added to monthly gains, except in Europe where stocks lost ground. US Treasury yields were higher, as bonds lost ground. Oil prices increased double digits again, as the US-Iran conflict seems no closer to resolution.

This is a short article about the K-shaped economy, driven by persistently high inflation and exacerbated by the errant "One, Big Beautiful Bill".

Markets are at last returning to some sense of normalcy, with the S&P 500 now clawing back all of its losses since the infamous...

We're up, we're down, we're all around! US stocks remain volatile but ended higher. Bonds are the "adult in the room" though.

The sell-off in global equities is getting more painful, as investors continue to shun risk and pile into safe haven assets. What makes...

Chinese stimulus measures buoyed stocks globally, and US Treasuries were stable. Gold paused and oil fell. The Dollar was weaker.

US CPI data released Weds morning was the culprit, wrecking sentiment in equities and sending yields soaring. Gold and the Dollar stronger.

US stocks were stopped in their tracks by higher yields on Thurs (poor 30y UST auction), but resumed their upward trajectory the next day.