The Case for Amazon

So today, I’m gonna make the case for Amazon (NASDAQ: AMZN). If you’ve been reading my thoughts on the end of globalization and the Second American Industrialization, then you’re aware that I do not want to own any stocks that have exposure to China (yes, that includes Apple). And I really want as little international exposure as I can manage, though I am not intractable on that point. There is some wiggle room…

Is the Bear Market Back?

The situation in the stock market seems to have taken a nasty turn. From its highs at 4,100 on Tuesday, the S&P 500 has peeled off 150, broken below both its 200-day (black line) and 50-day (purple line) moving averages…

Japan Gets Tomahawks

Globalization was never perfect. But the idea that the countries could conduct business in a mutually beneficial way and respect each other’s sovereignty seemed worthy. It seemed worthwhile to accept China’s multiple violations of fair trade in order to pursue the obvious benefits of cooperation.

The Most Important Fed Meeting

We are two days away from what could be the single-most important Fed meeting there’s been in years. If Fed Chair Powell sticks to the script and gives the market what it expects, it is likely that stock prices will make an explosive move higher.

End of Globalization

End of Globalization

Fearmongers Come Out to Play

When the economy is expanding, when more people are getting jobs and spending money, when economic data is improving and investors anticipate more revenue and higher profits for corporations, it’s a pretty good bet that the majority of stocks will be moving higher.

The Truth About Gold

The “buy gold” mantra says that as inflation rises, the dollar weakens and so gold (and really all commodity prices) rise. But that’s not what’s happening….

Interest rates and South of the Border

Fed chair Powell essentially guaranteed another 75 bp rate hike at next week’s FOMC meeting. This will take rates to 3.25%. And the belief is that 4% is the silver bullet for inflation.

Behind Inflation and Recession Woes

Wall Street has been anticipating the Federal Reserve’s announcement today. The Fed has been holding a policy meeting since yesterday to discuss what the U.S. needs to do to combat inflation without resulting in anything catastrophic for the economy and the American people.

Biden Gets Aggressive on Solar

This week the Biden administration announced that it would be taking executive actions to increase the deployment of domestic solar power.

3 Stocks for Upcoming Retirement

Did you have plans to retire in 2022? If so, you might be reconsidering those plans given the constant market volatility and inflation.

Travel Stocks Ready to Soar?

Memorial Day weekend is a little more than a week away. In the U.S., Memorial Day and the weekend leading up to the holiday have always been the unofficial start to the summer season. Will travel stocks meet the high expectations?