Market Commentary

Revised fourth quarter GDP was largely viewed as a nonevent.  Growth was nominally lower than expected given the downward revision in inventories.  Consumer and investment spending however was

Are there major changes at hand?  BlackRock, which capitalized on a decades long boom in index investing, said investors should rely more heavily on

The NASDAQ surged over 3% on NVDA’s strong earnings reports and forward-looking guidance.  According to Bloomberg NVDA added about $277 billion to its market capitalization, the

Are food costs, options that have zero day to expiration (ODTE) and NVDA earnings interconnected?

Nvidia announces earnings at the close today.  The “Magnificent Seven” are 2 and 4 for the reporting season, defined as two companies exceeded expectations while

The PPI rose more than expected, led by a sizeable jump in cost of services and highlighted the sticky nature of inflation.  Treasuries sold off across the curve.  Fed funds futures are

Will the structural imbalance of the S & P 500 become a major narrative.  There are six companies with over $1 trillion or more in market cap, two of which are worth more than

Markets were choppy following the largest equity selloff in a year and the retracement in Treasury yields back to November levels. 

The CPI topped forecasts, dashing hopes of a reduction in interest rates by May. June has been pushed to July.   As little as three weeks ago, the market was suggesting that

January’s CPI is released at 8:30. Consensus is expected inflation to decline from a 3.4% annual rate to 2.9%.  The core rate of inflation is projected to fall from 3.9% to