If the Supreme Court deems last year’s import tariffs to be illegal, that will force the Trump administration to find another way to generate revenue to offset the tax cuts and expenditures contained in last year’s “big, beautiful bill.” Read More
Archive
Filter
The stock and bond markets will ignore the PCE report for November since it is old data by now and contained no surprises. Read More
If the Supreme Court rules against last year's import tariffs, this rail freight manufacturer could quickly rebound as short sellers scramble to close out positions. Read More
The World Economic Forum, December PCE, and earnings season gets underway this week. Read More
If the plethora of Q4 and full year earnings reports that will be released in the weeks to come are solid, there is no reason why the stock market can’t keep going higher. Read More
After appreciating more than 350 percent over the past year, WDC appears overbought and at risk of giving back a big chunk of its recent gain if its next quarterly report disappoints Wall Street in some way. Read More
What's Next in Venezuela, December CPI, and November Retail Sales. Read More
I feel the Venezuela oil takeover is more of a political event than a financial gamechanger, so I will largely ignore it going forward since I feel it will have little impact on oil prices in the near term. Read More
If the across-the-board strength reflected by the ADP jobs survey for December is evident in this Friday's civilian employment numbers from the Bureau of Labor Statistics, the Fed may have a hard time justifying another rate cut when it meets in three weeks. Read More
Taking over Venezuela's oil assets may not be a boon to Chevron's operating results, but it could accelerate inflation which is why I am revising our PF portfolio allocation. Read More