The world’s rapidly growing reliance on digitization, artificial intelligence, and robotics creates a simultaneous need for constant power that won’t go out even when the energy grid goes down. Read More
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This month's unexpected decline in consumer confidence may be influenced by hostilities in the Middle East that might drive up oil prices, but that pessimism could quickly dissipate if a protracted war is averted. Read More
Oil prices, new homes sales, and PCE numbers for May. Read More
What we have not seen yet is how consumers will react to an increase in prices on the things they buy every week or month. Read More
This week's FOMC meeting and resultant policy statement was a non-event that should not impact the stock market in the near term. Read More
Dell is growing its top-line revenue at a respectable pace and is translating that income into huge profits, so I am raising our buy limit for Dell to $135. Read More
Last month's big drop in retail spending should not worry Wall Street too much since most of that was due to a decline in big-ticket purchases that are being deferred until the rest of the economy is on firmer footing. Read More
Decreasing tensions in the Middle East, FOMC rate decision on Wednesday, and U.S. Leading Economic Indicators on Friday. Read More
It appears Wall Street believes that a protracted regional war in the Middle East will be averted this summer while new tariff agreements between the United States and most of its major trading partners will be consummated at the same time. Read More
Isreal's attack of Iran adds one more layer of complexity to the global financial markets and all but assures that the Fed will wait until later in the year before cutting interest rates. Read More