Economist Chris Rupkey on the Crash of 1987 October is known for many things, with incredible market crashes likely at the top of the list. The crashes of 1929 and 1987 stand out for many investors, ...

Almost every friend of mine who has looked for a job this year has a similar story. They sent out dozens of applications, sometimes hundreds, and heard back from maybe two or three. The ones who ...

“If the opposite of pro is con, then the opposite of progress must be Congress.” Sam Stovall, Chief Investment Strategist at CFRA Ready or not, midterm elections are coming. We’ve already discussed ...

The Fed raised interest rates in September for the first time since 2023, and the AI spending boom hasn’t slowed. The New York Times recently explained why: if a company expects an AI project to earn ...

The S&P 500 hit a new all-time high on Tuesday (October 6th), its first since August 13th. The index is up 14.2% year-to-date, or 15.2% including dividends. Many folks seem confused about why stocks ...

I have a theory that the truth is never told during the nine-to-five hours.” Hunter Thompson, American Journalist and Author   For the first time since August 13, the S&P 500 closed at a new all-time ...

We just got the latest read on the Fed’s preferred inflation metric, the personal consumption expenditures (PCE) index. This was an important release because the Bureau of Economic Analysis revised ...

The headline above seems ridiculous when gas prices are almost $4.50/gallon and diesel is at a record $6.52/gallon (nationwide averages). Inflation is running hot across the board, from electronics to ...

“The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it.” -Michelangelo There’s an old saying on Wall Street to never short a dull ...

News stories have surfaced in the past few weeks that highlight fundamental reasons for the recent AI angst. Major AI research companies, including OpenAI and Anthropic, have begun to warn of ...

The Fed raised rates by 0.25%-points at their September meeting, taking the policy rate to 3.9% (3.75-4.0% range). That wasn’t a surprise, with Fed funds futures pricing in over a 90% probability of a ...