TariffsAn unfortunate policy of the past few years was the unilateral imposition of tariffs, on friend as well as foe, in a seemingly haphazard...
Is the Phillips Curve Dead?Generations of economics students have been inculcated with the Phillips Curve trade-off between increased inflation and lower...
ITY / SPY Ratio It is a well-known fact that late in a business cycle, one may start to see important divergences between different sectors of the stock...
Where the Rhythm LiesFor the umpteenth time in the 10-year old bull market from 2009, the S&P opened higher on a gap this morning, and then promptly traded...
SOX Index DisconnectThe SOX Semiconductor Index is touching new highs today, while industry experts continue to point to an actual glut of semiconductor...