This month, the U.S. stock market set a record for the longest bull market in history. How much longer can it continue? The bull market, which celebrated its ninth birthday…
The Case for the Bulls
Yesterday I promised to share the case for a continued bull market. Arguing for a continuing rise in stock prices, Donald Luskin, chief investment officer at Trend Macrolytics LLC, wrote…
Rates Rising, Yet Bond Buying Sets Record
Rising interest rates, higher inflation and tighter monetary policy should be bad news for bonds. Yet investors have been buying record volumes of new bonds. Highly rated U.S. companies issued…
Trump’s Not Reagan or Obama
Donald Trump is not Ronald Reagan. That should be obvious, but many optimistic conservatives are drawing parallels and predicting economic nirvana over the next four years. That’s unlikely to happen,…