Markets
The War Update
April 20, 2026
A replay of our April 23, 2026 conference call.
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CoT Commentary: Large Specs Reducing Net Longs in NatGas
April 20, 2026
The Commitments of Traders report enables investors to track changes in positions among various groups of traders/investors.
Financial News
What We’re Reading
April 20, 2026
Commentary & analysis of selected stories on April 20, 2026
Humor
Cartoons
April 20, 2026
Financial News
What We’re Reading
April 17, 2026
Commentary & analysis of selected stories on April 17, 2026
Humor
Cartoons
April 17, 2026
Central Banks
The Fed Sends the Treasury an IOU for Third Straight Year
April 17, 2026
The Fed's interest expenses remained high in 2025. The central bank has been operating at a loss since September 2022 and might not return to profitability for several more years.
Economy
Uncertainty Wearing on Small Business Owners
April 17, 2026
Increased uncertainty from the trade war and conflict in Iran has taken a toll on small business owners. Very few are planning capital outlays in the next six months.
Bonds
Waning Interest in the Bond Market
April 17, 2026
Volume and volatility are down in the bond market even though other markets are seeing increased interest.
Crypto
The Tokenization of Stocks
April 17, 2026
A profile of the world of tokenized stocks
Markets
The Momentum Trade Lives on Through War
April 17, 2026
Over the past couple of weeks, momentum stocks have seen a strong rally alongside volatile and growth stocks.
Long Term Charts
A Long-Term Look at Dollar/Pound Exchange Rate
April 17, 2026
A long-term look at dollar/pound exchange rate