Policy Takes A Right Turn
Trade, monetary and tax policy risks all abated last week: good news for stocks.
On the London Bombings
On The June Jobs Report
Strong Dollar?
Don't be fooled -- signals from the dollar and the CPI only seem benign.
Earnings Surprise
In a pessimistic and politicized world, stocks are just barely beginning to reflect the macro positives.
On the Yuan Revaluation
The Yuan Yawn
Bonds and the dollar refute the conventional take on the Chinese currency revaluation.
Straightening Out the Curve
As the economic gloom lifts, bonds face the music.
Are Stocks Protected from Protectionism?
The market has celebrated deliverance from the China tariff crisis -- but is it really over?
How Much Longer?
Markets are finally anticipating no Fed pauses this year -- but that may not be the end of the hiking cycle.