The 2.6% rise in April food prices was the largest monthly surge in 46 years! On queue, some forecasters blamed it on the Money Supply, Government debt and the Trillions of dollars our Central Bank (Fed) created out of thin air. Soaring grocery costs pale in contrast to the broader…
Covid-19 trends are critical to our health, economy and of course the stock market as we all struggle to determine future valuations in this historically volatile environment. After a huge 45% rally in stocks since the March 23rd lows, the market went into cardiac arrest for a day losing 6% in value…
Since the shortest Bear market ever transitioned into a record Bull market in March, there has been an insolvency impulse by small investors. Esurient equity buying behavior of pajama traders is being spurred by up to $5,000 a month of Unemployment and Care package money in the pockets of novice…
Consensus forecasts are never precise and during this historic health experiment inducing an economic heart attack to battle a pandemic, wide margins of error in expectations are unsurprising. Normally a forecast miss of 100,000 in payroll estimates is shocking, but adjectives are elusive when describing a consensus miss of 10…
The renewed Civil Rights movement triggered by last weeks shocking murder of an African American over a tortuous 8 minutes and 46 seconds may be the tragic change-agent straw that will leave an indelible mark upon our society. Hopefully the unified record response to the Covid-19 pandemic will be exceeded…
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