Job Openings, Quits, and Layoffs All Fall in August
A collapse in small business openings sees headline openings fall to the least since March of this year, but layoffs drop to the least since March 2025.
Is the AI Gravy Train About to Get a Yellow Signal?
The market may not be selling off solely because of oil and Iran. Investors may be starting to price in another troubling risk.
Rates and Breadth Are a Problem, but a Fourth-Quarter Turn Is Setting Up
Much of the market is already oversold, and the election may trigger a turning point.
Resurgent Yields Drive Stocks Lower to Start the Week
Bond yields hit fresh multi-year highs, while oil whipsawed on Iran headlines, sending the S&P 500 into the red for September.
The Indices Are Breaking Down, But This Correction Isn’t Over Yet
Resist the temptation to bottom fish stocks that have no support.
The AI End Game Appears to Be Growing Near
Unfortunately, it is hard to see the AI infrastructure buildout maintaining this pace.
Taking Stock of China Meeting, Treasuries and Energy
It seems that lately every meeting with China follows with this scenario. Also, my take on the TLT and LQD funds.
As Hormuz Deal Collapses, Hope Fades on Market… And So Does Rationality
Let’s look at how high-speed, keyword-reading algorithms have taken needed skepticism — and rationality — out of the market.
The Week Ahead: Can Non-Tech Stocks Join the Rally?
We face additional headwinds this week, but I also continue see many reasons to be bullish.