Today's topics include will there be more rate cuts?, dollar strength & Trump, a tough time for first-time homeowners, 60/40 returns, retail dives face first back into big tech, watching yen movements, achieving Scott Bessent's goals, a glimpse into Trump's tax plan, tariffs & trade wars in focus globally, and Deepseek who?
What is the state of the labor market? We must first acknowledge Covid changed things. Remote work is still over one-quarter of the workforce and is not going away.
Vanguard turned up the heat on the fee war this week, slashing fees on 87 funds.
As pre-Covid data rolls off the five-year window, the long-term correlation between stocks and bonds is turning higher.
Bitcoin now accounts for almost two-thirds of the crypto universe.
We have argued in the past that Cathie Wood and the ARK ETFs, headlined by ARK Innovation (ARKK), were arguably the most important manager/complex on Wall Street. Keeping up with innovation isn't as easy as it seemed.
Updating the changes in central banks' balance sheets
A long-term look at 10-year annualized real S&P 500 returns
Some interesting charts from our recent posts
The housing market has been stagnant for several years. Low inventory and high rates have discouraged would-be buyers from entering. How will this shake out in 2025?
Today's topics include previewing tomorrow's payrolls report, Bessent focusing on 10-year yields rather than funds rate, Fed's reverse repo facility continues to shrink, Fedspeak, the Fed announces its bank stress test scenarios for 2025, the retail crowd flexing its muscles, Europe replenishes natural gas stockpiles, quantifying market concerns in 2025, and gauging the BoJ's rate path