Pay special attention to the areas I highlighted (with special emphasis on the Fed) and watch the 1-minute video clip at the end (I think the folks at BofA are reading our blog ;)):
Friday, July 19, 2019
Thursday, July 18, 2019
While the term “perfect storm” sounds so ominous, it is indeed what comes to mind as I consider this week’s economic data, the virtual promise – from the source – of a July fed rate cut, and deteriorating trade relations between the U.S. and China (and, frankly, the U.S. and the rest of the world).
Tuesday, July 16, 2019
Monday, July 15, 2019
The next few weeks will be hugely telling in terms of second half prospects. While it might seem an exaggeration to describe global business conditions as being in disarray, that’s the word that comes to mind; earnings outlooks will go a long ways toward confirming whether I’m justified in my description.