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Retail Sales, Personal Income and Recessions

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Time To Buy?

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The Economic Uptrend Continues

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Opportunity…..Not Concern

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Can One Make Sense Of Illogical & Scary Markets?

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Data Still Overwhelmingly Positive

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JOLTS Revised Higher

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S&P Intrinsic Value & Update

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Bull Market Likely To Continue

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Trade, Deregulation, Taxes & Sanctions

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So Much Good News….Just Ignore Politics

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Chemical Activity Barometer Record h]High, US Real GDP & Real Private GDP Highest This Cycle-Meets Skepticism

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Portfolio Shift (updated)

“Davidson” submits:

I am suggesting a major shift in portfolios today!

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US Dollar Remains The “Elephant In The Room”

“Davidson” submits:

Economic activity always is a composite of moving parts. Currently it appears we have more moving parts than usual. Indeed so! We have multiple policy shifts in the works with the potential for beneficial outcomes. But, if these occur, it will be likely a couple of years before the final outcomes are known with the path uncertain.