In spite of the noise in global markets, it’s August – does anyone care? Investors celebrated the weaker-than-expected U.S. jobs report on Friday, rounding out a week in which both global stocks and bonds rallied. The U.S. jobs report pushed markets to price a higher probability that the Fed will hold rates steady in September and begin cutting later in the year, so stocks – especially more interest-rate sensitive stocks like small caps (e.g. the Russell 2000 index) – ra

This article provides an early-week update on the highly volatile and under-pressure semi-conductor sector, as well as the Mag 7 stocks with AAPL, AMZN, META and MSFT reporting earnings this week. It also looks at SpaceX (SPCX), which is well below its IPO price and falling like a stone.

Asia stocks got hammered on semi-conductor concerns, and US stocks were also weaker across the board. US Treasuries were stable, as inflationary expectations remain elevated even though June CPI data was better than expected. Fed chair Warsh spoke before Congress, and remains hawkish,

The pending IPO of Elon Musk-controlled SpaceX (symbol SPCX) is grabbing all of the headlines at the moment, and for good reason – it is not only expected to be the largest IPO ever, but also the largest company (by market cap) to ever do an IPO. The proposed offering is also unique in other ways. For starters, the IPO marketing process is unconventional. For example, the offer price per share – normally provided as a range once investor meetings are well underway – has al