When Does the Fed Retreat?

The Federal Reserve is looking to navigate a path between fighting inflation and protecting markets. Granted, the central bank’s key mandates are to fight inflation and to bolster employment. For the entirety of the 21st century, however, the Fed has concentrated on...

Grumpy Consumers

Consumer sentiment is downright abysmal. It is as weak as it was during the 2008-2009 financial crisis and during the early 1980s recession(s). How downbeat are consumers? Data indicate that sentiment is 28% below an average reading. Consumer dissatisfaction is...

Caveat Emptor

The dividend yield for the S&P 500? About 1.3%. That’s about 65 basis points lower than the yield on a 10-year Treasury bond. The dividend yield is also nearing lows not seen since the stock market crash at the turn of the century. Some investors might be...

Damage Control

According to the data, the S&P 500’s correction in the the first 16 days of the year represented the worst start ever. And the final tally for January does not figure to be much better. Some are even beginning to call the price damage a “stealth...

Going Up?

Many people assume that “stocks” have been a great investment over the last year. Few realize that the gains have primarily been confined to the U.S. large-cap space. Smaller company stocks represented by the Russell 2000 have gone absolutely nowhere over...

Chart Storm

In the first few weeks of January, the Nasdaq fell 10% below its 52-week high. Meanwhile, the S&P 500 slipped about 4% from its record peak. The reason for the volatile start to the New Year? Fear of the Federal Reserve raising overnight lending rates rapidly to...