A correction in motion

The S&P 500 on Friday ended a wild week nearly 1% lower, primarily due to a continued selloff in technology stocks. The technology sector has now slumped more than 7% in two weeks. Meanwhile, the rotation trade has continued, with the small caps, up more than 3%....

What can go wrong?

An eventful five trading days for Wall Street saw the S&P 500 post back to back weekly gains. The Federal Reserve helped with a much more dovish than expected stance at its latest monetary policy decision on Wednesday. Aside from the central bank, this week also...

The Fed is trying to derail the market

Perhaps the last thing impatient investors want to hear  was the US Federal Reserve Bank of Minneapolis President Neel Kashkari saying that interest-rate cuts may not be needed this year if progress on lowering inflation stalls—especially if the economy remains...

Forgiving the Fed

Stocks rose on Friday, with the S&P 500 and Nasdaq Composite closing at fresh record highs, as tech stocks rallied. Declining Treasury yields also provided a boost, as disappointing factory data and a decline in consumer sentiment solidified expectations for...

The folly of investing target date funds

There is nearly $3 trillion invested in target date mutual funds mostly from 401ks, IRAs and other retirement oiptions. Whether retirement savers in target date funds know it or not, and we presume most don’t, they are mindlessly investing their wealth. The...

Why the G20 summit matters to Wall Street this time

U.S. stocks recovered slightly on Friday but ended up down for the week as anxiety over the G20 summit and the  Federal Reserve turning more hawkish impacted investor sentiment. A lot is riding on the G20 summit this week, especially with notable absences that include...