From current uncertainty a new secular bull is likely to emerge, but the road to getting there will be arduous. Read More

With the latest CPI data showing cooler inflation, we may see a window of opportunity for the Fed to pause its rate hikes. Read More

Both the economy and inflation are cooling, but not to such an extent that fears of a deep recession are warranted. Read More

The U.S. mega-banks are expected to post weak Q1 operating results and grim outlooks for the rest of 2023. Equities hang in the balance. Read More

The S&P 500 returned 7.0% in Q1, but the average investor did substantially worse. In this week's deeper dive, I explain why. Read More

Recent bank failures have roiled financial markets, but the turmoil also has increased odds of lower inflation and a Fed pause. Read More

As policymakers take decisive action to boost the financial system's liquidity, Wall Street's anxiety is easing. Read More

The banking crisis isn't sufficiently systemic to cause a global financial meltdown. But odds of a recession have increased. Read More

The combination of banking sector turmoil and cooling inflation suggests that the Federal Reserve might (just might) go easy next week. Read More

As the financial system quakes from imploding banks, elevated inflation, and slowing economic growth, we question a top expert on our staff. Read More