The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to a level of 4.6% this week. So what does this rapid…
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S&P 500 earnings are in for 2024 Q3, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the…
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The composition of the top five sectors remains unchanged this week, despite an interrupted trading week. This stability comes against a backdrop of mixed signals and potential defensive rotation in…
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S&P 5850 has been the most important “line in the sand” for stocks since the pullback from the 6000 level in November 2024. With the SPX closing below that 5850 level…
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December non-farm payrolls data came in much hotter than expected. More jobs were added, the unemployment rate dipped slightly, and average hourly wages rose. Overall, it was a solid employment…
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Politics
Trump faces influence test at Mar-a-Lago with warring House GOP factions: ‘How do we move forward?’
by adminPresident-elect Donald Trump’s winter White House is hosting a parade of House Republicans this weekend, all of whom are hoping that getting the incoming commander in chief’s ear will help…
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Politics
Trump issues warning to Maduro as Venezuelan leader enters third term, US expands sanctions
by adminPresident-elect Donald Trump issued a warning ahead of the inauguration of contested Venezuelan President Nicolás Maduro, who took up the top job for a third term on Friday. Despite significant…
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Politics
Donald Trump sentenced with no penalty in New York criminal trial, as judge wishes him ‘Godspeed’ in 2nd term
by adminPresident-elect Donald Trump was sentenced to an unconditional discharge Friday after being found guilty on charges of falsifying business records stemming from Manhattan District Attorney Alvin Bragg’s yearslong investigation. The…
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Politics
TikTok makes its case to skeptical justices: ‘No valid interest’ in ‘preventing propaganda’
by adminThe Supreme Court is hearing oral arguments Friday morning over whether the social media platform TikTok should be required to divest from its Chinese-owned parent company or be banned in…
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In oral arguments before the Supreme Court Friday, lawyers for the Biden administration reiterated their argument that TikTok’s Chinese ownership poses a ‘grave’ national security risk for American users. U.S.…