Category: Markets

  • Bank Earnings So Far

    Bank earnings are coming in pretty strong despite the failure of Silicon Valley Bank and Signature Bank in March. I do want to point out the two banks did fail toward the end of the first quarter which means the pain could be reflected in second quarter’s earnings. Let’s take a look at the chart…

  • The US Dollar and Trade

    There’s been a ton of talk in the news about trade deals in other parts of the world, but let’s be real – do they really matter? I don’t think so. The talking heads on the news keep talking about how other countries are diversifying away from the US dollar, but in reality, that doesn’t…

  • Markets Shake Off Bank Failures with Strong Economic Data Prints

    Markets have some good data to price in off the printers this morning. Core PCE Price Index month-over-month (MoM), which excludes volatile food and energy prices, came in lower than expected at 0.3% versus 0.4% expected. PCE Price Index month-over-month (MoM), including food and energy, came in lower as well at 0.3% versus 0.5% expected.…

  • Bank Collapses Are a Good Thing for Megacap Stocks

    You would think banks failing would cause bad returns in the stock market due to the economic and financial implications that result when banks fail. But that’s not the case for Megacap Stock at the moment. In the last three months – Meta, NVIDIA, and Tesla have notched huge gains, with huge spikes around March…

  • Banks and Crypto – What’s the Buzz?

    So there’s been a ton of news about the failure of Silicon Valley Bank (SVB) and Signature Bank in the news. Let me tell you why it doesn’t matter. Even though a bank failure is something that shouldn’t be taken lightly, the troubled banks failing are not mega banks like Citi, JP Morgan, or Wells…

  • The Dow Jones Industrial Average and Other Indexes Explained

    I’ve been meaning to write this article topic for a while. Nothing like getting a kick in the ass from Scott Jackson to pump this one out. Let’s get started The major US stock market indexes are a set of indices that track the performance of the US stock market. Here are the explanations of…