Expect some window dressing this week but keep a close eye on rates
Are we at that point in this cycle where good news is bad news? For the better part of the last six weeks, better than expected economic data has been […]
Are we at that point in this cycle where good news is bad news? For the better part of the last six weeks, better than expected economic data has been […]
Over long periods of time one would expect to see the stock market to continue to provide better returns than the fixed income market. What will have the best return […]
A true giant in the world of investing, a visionary, a philanthropist and former client, Richard H. Driehaus, passed away on Tuesday of last week. He will be missed by […]
Last week we discussed the Fed’s new monetary policy framework. In my view it implies that the Fed will not tighten policy in anticipation of inflationary pressures that may not […]
This week marks the 15th anniversary of Kenny’s Commentary. As a result, I will be taking a break from the note for a week or two. However, you will have the […]
Trading volume last week was, not unexpectedly, very light. All three major U.S. equity market indices remained in-trend – closing out the holiday shortened week marginally higher. On Thursday, the […]
Equity markets – last week and looking forward: U.S. equity markets hit the “pause” button last week in their relentless trade higher. The Dow Industrials gave back 171 points or […]
A couple of quick thoughts… Last week certainly did provide for a dramatic trade higher and in the process allowed for the Nasdaq to finally eclipse the 12K level with […]
In my morning note to you, dated 10/26, I led with: “Never short a dull market.” Last week’s price action, though fueled by an unusual confluence of forces and events, […]
US equity markets have alternatively found justification for an intermittent trade higher from either news of progress in the current coronavirus aid/stimulus talks or better than expected earnings or even […]