With the halfway point of 2023 two weeks away, the S&P 500 has broken out to a 12-month high. The index has accomplished that feat 32 times during the month of June—or exactly one-third of all cases measured back to 1928. Since stock prices are not only anticipatory, but also causal in nature, does the achievement of a trailing 12-month high at…
The Leuthold Group: Not Normal The Major Trend Index was unchanged at a Neutral reading of zero for the...
The Mid-Cycle Transition Over the past month, we’ve taken a different path than most equity strategists. Rather than getting...
For this week’s tech report, we focus on that shiny precious metal: gold. Ever since the post-recession high in...
U.S. equity markets demonstrated another remarkable turnaround on Wednesday as investors returned from the New Year holiday. At its...
Cyclicals and small caps have gained more attention even as fiscal deal looks less likely because economic recovery has...
Due to a scheduling conflict, there will not be a weekly SOTM this week. We anticipate being back...
In my office I have framed the famous quote, “Know from whence you came. If you know whence you...
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