The United States, currently enjoying its longest bull market in history, is decoupling from the rest of the world. From its currency to its stock market, the US is on demand. Despite somewhat underwhelming US growth in 2019 (2.1% GDP), investors continue to bid up America’s leading companies, the likes of which include Amazon, Google, […]
On January 22nd, 2018, just over two years ago, I published Why the Dow is Heading to 30,000 Under Trump Economy. The Dow closed at 26,071.72 that day. In the two years that followed, the Dow soared more than 3,000 points to close at a record high of 29,348.10 on January 17th, 2020. With the […]
US household debt to GDP continues to decline rapidly… […]
The Fed is preparing to reduce its balance sheet as excess reserves held by banks decline… […]