Alpha over Beta. The wild price swings of the past month are a function of two things in our view: 1)excess leverage in the financial system and 2) the market contemplating the transition of the economy from early to mid cycle as the reopening draws near. The good news is that VAR shocks that happen when growth is accelerating (i.e….
The S&P 500 (SPX) came within 9 points of reaching it’s all-time record high earlier in the trading week...
Since at least Jackson Hole, the narrative has been that inflation is a big problem, and the Federal Reserve...
The consolidation phase is upon us. It is more recognizably taking place, and as usual, causing investors to doubt...
Midterm election years are difficult trading years, but reliably strong investing years, as they setup the compounding effect. More...
Dr. Ed Yardeni Go figure: Stocks & bonds sold off on Tuesday following a hotter-than-expected Q1 Employment Cost Index...
With only a week of trading under our belts in 2017, maintaining a core short position in ProShares Ultra...
Why rising rates and a flatter curve signal a potential downturn: The U.S. economy has seen a prolonged period of growth without a recession. As the business cycle has...
Our discussions with clients are narrowing to two primary topics: Earnings and Inflation. On the former, we hear many...
JPM Market Recap
$0.00
JPM Research Note
$0.00
JP Morgan Market Volatility Report
$0.00
MarketWatch.com – Top Stories
