The S&P 500 rose to a new record high on Friday, slightly exceeding its previous peak on February 19 by 0.5%. The bull market that started on October 12, 2022 is alive and well following the 18.9% correction from February 19

It may be July 4th week in the US, but we don’t expect many fireworks on the economic data front. Of course, surprises could come from events in the Middle East, as Israel, Iran, and the Trump administration figure

Stock prices got a boost around mid-day today when White House Press Secretary Karoline Leavitt told reporters during a briefing: “The President can simply provide these countries with a [trade] deal if they refuse to make us one by

Since the start of the current bull market during October 2022, we recommended overweighting the S&P 500 Information Technology sector and have been especially positive on the S&P 500 Semiconductor industry. We stuck with that recommendation during the correction

Any day with a ceasefire in the Middle East is a good day for stocks. On Monday, President Donald Trump declared that the “12-Day War” between Israel and Iran is over. The S&P 500 rose 2.1% yesterday and today

This morning, Iran launched a missile attack on the US military’s Al Udeid Air Base in Qatar in retaliation for US airstrikes on Iranian nuclear facilities the previous day. The attack involved short- and medium-range ballistic missiles, with Qatar reporting

Layered on top of a still-developing trade war, President Donald Trump’s attack on Iran puts markets in decidedly uncharted territory. Much will depend on how Iran responds to the attack. Trump said in Saturday’s White House address, if Iran doesn’t

On Saturday night, the US attacked Iran’s three nuclear sites in Fordow, Natanz, and Isfahan. President Donald Trump announced this in a social media post at 7:50 p.m. EST. In a short speech at 10:00 p.m., he said that

President Donald Trump has been calling on Fed Chair Jerome Powell to lower interest rates. The Fed chair has been the object of intensifying schoolyard jabs from the President. “We have a stupid person, frankly, at the Fed,” Trump told

The stock market held up remarkably well today considering that President Donald Trump abruptly left the Group of Seven meeting in the Canadian Rockies this morning. On his way home, he warned Tehran’s residents to get out of town

Stock prices rose this morning as oil prices fell a bit on news reports that the Mullahs want Israel to stop pounding them and are willing to resume nuclear talks with the US as long as the US doesn’t

The moment Fed watchers have waited for is finally here—albeit with less drama than many believed a few weeks back. As we’ve long said, the two-day June Federal Open Market Committee meeting (Tue-Wed) should come and go with the

Israel is in the middle of the Middle East. Iran’s Mullahs have been threatening Israel’s existence since they overthrew the Shah of Iran in February 1979. There has been a covert war between the two since then. It turned

May’s PPI inflation report, released today, was lower than expected as was May’s CPI inflation report yesterday. The PPI final demand for personal consumption edged down to 2.6% y/y in May, while the CPI rose only 2.4% during the

The stock market didn’t do much today. Neither did the bond market. But the price of a barrel of crude oil rose, and so did the price of an ounce of gold. President Donald Trump announced another deal with China.