Market Overview

Fitch Ratings sent shockwaves through the financial world last week when it unexpectedly downgraded the United States' credit rating from AAA to AA+.This represents only the second time in U.S....

Investors continue to price in high odds that the Federal Reserve interest-rate hikes are history after last month’s quarter-point increase. But the latest comments by several central bank...

If it sounds too good to be true, it's definitely not true! Anyone promising returns over 15% per year should be asked why they're not counted among the greatest investors like Warren Buffett,...

There are three basic ways to test an investment strategy. Each has its own unique set of pros and cons, but only one is practical.1. Out-Of-Sample Testing With Real MoneyThe best approach is to...

It’s ironic that I had planned this column a couple of days ago and started writing it yesterday because the very concerns I talk about below are behind the overnight news that Fitch is lowering...

Our recent article warns that a tremendous thirty-year tailwind for corporate earnings is dying down. Consistent corporate interest and tax rate declines significantly boosted stock prices and...

The gap narrowed in July between the expected return for the Global Market Index (GMI), and its trailing 10-year realized performance. Today’s revised long-run forecast for GMI, a global,...

Most of the major asset classes continued to rally in July, led by a surge in commodities based on a set of ETFs. US bonds, by contrast, remained the outlier, posting a third straight monthly...

Commodities have joined the party. After last week’s rally that lifted a broad measure of commodities, all the major asset classes are now posting gains for the year to date through...

This week will feature a ton of economic data that will likely reveal that the job market remains strong and the economy remains robust. Initial jobless claims have consistently decreased in the past...

The macroeconomic narrative shifts from recession to a soft landing.The Bureau of Economic Analysis (BEA) released the quarterly gross domestic product (GDP) data on Thursday. Although subject to...

While Washington continues a seemingly unbridled spending spree under the assumption “more spending” is better, debts and deficits matter. To better understand the impact of debt and...

The latest GDP data for the US economy presented a positive surprise, as it increased by 2.4% instead of the expected 1.8%. This suggests that the economy is improving and may not face a recession,...

The Fed raised interest rates by 0.25%, as expected Fed Chair Powell expressed uncertainty about achieving the 2% inflation target by 2025 Meanwhile, markets fluctuated and closed with uncertainty...