Suburban elites, Range Rovers and toilet paper
Slowly, selectively, and deliberately, some states and businesses will begin to reopen this week on a limited basis as indications emerge that we may have passed the peak of the Covid-19 pandemic […]
Equities
Breathtaking Glimpse
As has been the case for nearly 2 months now, the weekly economic calendar that I outline in Kenny’s Commentary only acts as a data-driven backdrop to underscore the hopefully […]
An Outstanding Historical Perspective
Rather than dwell on the obvious themes that we are being bombarded with by financial media, and which tend to fuel near desperation on the part of investors, please consider […]
Huge Opportunity for Cloud and Online Retail Companies
Kenny’s Commentary on Bloomberg Radio. Hosted by Lisa Abramowicz and Paul Sweeney. Click to play episode: running time 06:40.
$2 Trillion Relief Package and Geese Silently Glide in Formation
From last week’s Kenny’s Commentary… “As volatile as U.S. equity markets were last week, it does appear on the chart above that the selloff that has dragged markets sharply lower […]
Unsettling Economic Data
We are beginning to witness slippage in the economic vitality that has provided the underpinning for the longest running bull market in history. The slippage, detailed in the economic data […]
The Specter of “Knightian Uncertainty” reemerges
On December 11th of 2018, I wrote the following in Kenny’s Commentary: “Knightian uncertainty [which is the ‘lack of any quantifiable knowledge about some possible occurrence’] may pull markets lower yet – […]
Fed makes emergency rate cut as coronavirus spreads
By Lindsay Dunsmuir Reuters 3/2/2020 WASHINGTON (Reuters) – The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world’s largest economy from the impact of […]
As Investor’s Business Daily put it: “What a terrible week.”
Last week’s equity market meltdown caught investors off guard; it was painful, swift, and reminiscent of corrections past, though unique in some respects. With that carnage as a backdrop, and […]
Outlook for stocks shifts to “Uptrend Under Pressure”
Market losses and distribution days are beginning to add up. The spread of the deadly coronavirus continued to fuel a meaningful trade lower last week – particularly on Friday. The […]