I am going to start the update this week by focusing on markets, which is probably what most of my readers care most about. The table below is a summary of the week. As far as equities, portfolio allocations so far this year have favoured value stocks over growth stocks in the U.S., and international stocks over US stocks on a macro global basis. U.S. stock rotation: out of growth and into value : As far as U.S. stocks, the culprit continues to be tech shares. As the “l

After drifting lower much of the week, US stocks and bonds got a significant uplift on Friday from Fed Chairman Powell's comments at the Jackson Hole Economic Symposium.

Stock and bond investors party hard, with equities ripping and US Treasury yields dropping sharply. A benign June CPI report was key driver

2022 has been an abysmal year for most indices and asset classes globally, with the exceptions being oil, gold and the FTSE 100. Now what?