Just how deep do you believe? "The Hand That Feeds", Nine Inch Nails Equity markets are biting the hand that feeds. It is no secret that the largest contributor to S&P 500 returns in 2026 has been the AI infrastructure trade (AI capex recipients), with key...
Introduction: A New World for a New Fed “There’s a button for that.” A lot can happen in a week, and the past week was notable in three ways. First, the U.S.-Iran conflict appears to have reached the beginning of its end, with both sides expected to sign a Memorandum...
Introduction: A New World for a New Fed “You give my life direction. You make everything so clear.” Inflation has accelerated. The labor market has stabilized. And a new Federal Reserve Chair is about to step into the spotlight to deliver his assessment of the...
Equity markets stumbled on Friday as investors learned that euphoria does, in fact, have a comedown, but we think Mr. Rossdale would agree with us that this comedown is a healthy and good development for this bull market.
Honey, it's in the stars And you're my everything from here to Mars “Here to Mars”, Coheed and Cambria For the last 25 years, Coheed and Cambria have been releasing progressive rock concept albums that follow the story of The Amory Wars, a series of science...
Introduction: Why Bonds? "My answer is I don't have the first d*** clue." Just when investors thought it was safe to go back into the bond market, the Iran War and resulting inflationary concerns reversed the January-February decline in rates (rally in bond prices)...
You do what you do, you say what you say You try to be everything to everyone You know all the right people You play all the right games “Everything to Everyone”, Everclear Just as you would have had to live under a rock in the late-1990s to miss Everclear’s...
The path of the market in 2026 has felt a lot like the opening seconds of Red Hot Chili Peppers’ 2003 music video for “Can’t Stop”.
Having come into 2026 expecting a strong and broad cyclical upturn, investors still haven’t found the economy they’ve been looking for.
We all are prone to occasionally “building ourselves a myth” out of a hope that things can be different or out of an avoidance of reality, and the market is no different.