Markets consolidate but rotation continues

We had our first down week since the election, as markets consolidate the hefty gains of November. Under the surface, however, the rotation out of bonds and into stocks continues. As I warned last week, the easy money gains are over for now. I’m not looking for any...

A good news Thanksgiving

As we all sit down to our Thanksgiving dinner today, there is a lot to be thankful for on the economic front this year. For many, it may not feel that way but trust me there are some reasons to be hopeful. Let’s begin with the price of that dinner you are eating. The...

So far, so good.

This week the Trump rally continued. Two out of the three indexes are flirting with record highs. It feels like the markets want to go even higher, so don’t pay attention to those who do not understand the dynamics that are playing out in the markets. Question: what...