DIASTOLE ECONOMIC AND MARKET COMMENT

If the traffic on I-95 was anything to judge by, not many people were working last week. Markets closed at 1:00 p.m. on Thursday, and remained closed on Friday. But the Nasdaq Composite Index and Standard & Poor’s 500 still managed to close at new highs for the...

DIASTOLE ECONOMIC AND MARKET COMMENT

Stock markets were UP last week to record highs as investors discounted the future impacts of tariffs and embraced the Iran-Israel cease fire. Bond markets also rose, pushing yields down.  Oil prices have fallen on hopes that the Middle East has settled down. Some...

DIASTOLE ECONOMIC AND MARKET COMMENT

I took the weekend off; what did I miss? I’m kidding – even though it’s not funny at all. Saturday night the U.S. launched an airstrike against nuclear-enrichment sites in Iran. We do not yet have an assessment of how successful the strikes were. And we are...

DIASTOLE ECONOMIC AND MARKET COMMENT

My birthday is coming up in a couple of weeks, and as usual I am asking for world peace. Short of that, I could really use some Diet Coke and a good book. Your choice. Stock prices didn’t move a lot last week, until Friday when the May jobs report was released and it...

DIASTOLE ECONOMIC AND MARKET COMMENT

It’s June! It’s June! Soon schools will be out and cicadas from Brood XIV will be coming to a sidewalk near you (in the Midwest and East). Yay! In other news, there isn’t much other news. We had Monday off last week for Memorial Day, and investment people apparently...