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January 12, 2021

The Markets – January 12, 2021

The Markets The event at the United States Capitol building had a resounding impact around the world, but it didn’t deter global stock markets. Last week, […]
January 6, 2021

The Markets – January 06, 2021

The Markets Last week was the cherry on top of a turbulent year for investors. After the $900 billion fiscal stimulus bill was signed on Sunday, […]
December 29, 2020

The Markets – December 29, 2020

The Markets U.S. stock markets remained calm as a fresh chapter opened in the coronavirus stimulus saga last week. Congress managed to cobble together a new […]
December 22, 2020

The Markets – December 22, 2020

The Markets Congress is at $900 billion, will they hear $1.4 trillion, $1.4 trillion, governments at $900 billion, who’ll go $1.4 trillion, $1.4 trillion… The stimulus […]
December 8, 2020

The Markets – December 08, 2020

The Markets When is bad news good news? Take a look at last week. Major stock indices in the United States hit all-time highs on Friday, […]
December 2, 2020

The Markets – December 02, 2020

The Markets Last week, vaccine optimism immunized investors against signs of economic weakness. In previous commentaries we’ve written about narrative economics, which holds that popular stories […]
November 17, 2020

The Markets – November 17, 2020

The Markets Vaccine can be a powerful word. It’s worth 14 points in Scrabble (42 on a triple word square) and, last week, it was worth […]
November 10, 2020

The Markets – November 10, 2020

The Markets It’s said markets hate uncertainty, but that wasn’t the case last week. Despite tremendous uncertainty about the outcome of the United States election, major […]
November 4, 2020

The Markets – November 04, 2020

The Markets Last week, financial markets and economic data told very different stories. Reviewing economic data is a bit like looking in a rearview mirror. Typically, […]