Who knows, maybe it’ll be good for stocks … for a while. At last, the likely water-carrier for President Trump’s preferred, more pliant Federal Reserve has a name: Kevin Hassett, director of the White House National Economic Council. Like Stephen Miran—whom the White House air-dropped into the Fed just days before September’s vote, and who […]
Category Archives: Market Reports
The AI Bubble Popped — Again?
Don’t forget the existence of standard volatility. Stocks had themselves a little swoon yesterday. With all the AI bubble talk going back a few months, if not to the Fourth of July — of 2024 — anything so much as a wheeze downward elicits a “Thar she blows!” eruption… _________________ Free subscribers get headlines. Paid […]
What? Valuations Matter?
Market Report for Tuesday, November 4, 2025 Stocks grew weary of the penthouse view on Tuesday and took the down escalator to a lounge just below the Louis Roederer floor. Among the relocators were Wall Street CEOs, muttering into their martinis about overvaluation. Level Change 11/4/25 (%) – – – – – – – – […]
Trump Relights the Tariff Fuse
Market Report for Friday, October 10, 2025 Markets rediscovered volatility Friday after President Trump’s latest diplomatic haiku: threaten 100% tariffs, cancel a meeting, then wink that maybe he’ll still go. Traders reacted like toddlers hearing thunder for the first time: loudly and with tears. Of course, for the second time. Level Change 10/10/25 (%) – […]
Back to Believing Again
Market Report for Wednesday, October 8, 2025 Wall Street forgot why it stopped loving artificial intelligence—for about five minutes yesterday. With the government still shut and the Fed flying blind, today’s traders preferred fairy-dusted Nvidia to lights-out Washington… _________________ Free gets you the knock on the door. Paid gets you invited inside, handed a drink, […]





