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 […]
Economy
What is going to Happen Next? Maybe that is the wrong question – Jordan Kimmel
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 […]
Richard H. Driehaus (1942-2021) Requiescat In Pace
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 […]
The Question of Stock Market Leadership – Marc Sutin
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 […]
Is the Market Oversold?
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 […]
On Your Mark
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 […]
Bulls and bears make money. Pigs get slaughtered.
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 […]
Markets on a Tear. What’s Next?
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 […]
Thank a Veteran
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, […]
“Never short a dull market.” – HJK Jr.
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 […]