The financial crisis helped to bring interest rates back down, which is benefiting tech and the growth sector. But the Energy sector is starting to decline which implies a weakening…
Is Gold the next great trade? We been drawn in before, but today, gold is making a higher high as the banking dilemma unfolds. Gold pulled back since the beginning…
Sometimes markets trend, sometimes they oscillate and sometimes they simply frustrate. I would venture to guess that trading since 2022 falls into the frustration basket. Trend following and momentum strategies…
Since late 2021, value stocks have been dominating Growth. The $DJUSGR:$SJUSVA ratio rode the way down together with $SPX. I highlighted this development in a few articles back in 2022.…
Editor's Pick
Buttigieg says the U.S. should heed ‘warning signs’ to avoid a ‘catastrophic event’ in the skies
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U.S. Transportation Secretary Pete Buttigieg said Wednesday that the country’s air system was skirting disaster in the wake of multiple near-miss aviation incidents in the past year. Speaking at an…
WASHINGTON — The former head of Wells Fargo’s retail bank is facing prison time after agreeing to plead guilty to obstructing a bank examination in relation to the sweeping phony accounts…
Editor's Pick
Credit Suisse to borrow up to nearly $54 billion from Swiss National Bank
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Credit Suisse announced it will be borrowing up to 50 billion Swiss francs, about $53.68 billion, from the Swiss National Bank under a covered loan facility and a short-term liquidity facility.…
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Wall Street rides to the rescue as 11 banks pledge $30 billion to First Republic Bank
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A group of financial institutions has agreed to deposit $30 billion in First Republic Bank in what’s meant to be a sign of confidence in the banking system, the banks announced…
Economy
GOP pilots in Congress call on Biden to withdraw his ‘entirely unqualified’ FAA nomination
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Fourteen Republican lawmakers who have their pilot’s license are calling on President Biden to withdraw his nominee to lead the Federal Aviation Administration because he has ‘zero aviation experience.’ ‘While…
The Michigan Court of Appeals on Thursday again rejected an attempt to revive charges in the Flint water scandal, ruling in favor of former Gov. Rick Snyder who was indicted…