July 30, 2021 By Steve Blumenthal "We're clearly on a path to a very strong labor market, with high participation, low unemployment, and wages moving up… it shouldn't take that long" [to get there]. - Jerome Powell, Chair of the Federal Reserve Board In reaction to the 2008 financial crisis [...]Read More >

By Steve Blumenthal July 28, 2021 S&P 500 Index -- 4,401 Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of return [...]Read More >

July 23, 2021 By Steve Blumenthal “In its purest form, capitalism is an evolutionary process. Businesses that best adapt to changing conditions survive and grow. Typically, that means offering a product or service superior to current ones or giving consumers more choices. Weaker or poorly [...]Read More >

By Steve Blumenthal July 21, 2021 S&P 500 Index -- 4,359 (close) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >

July 16, 2021 By Steve Blumenthal “In highly indebted economies, additional debt triggers the law of diminishing returns.” – Dr. Lacy Hunt, Economist and Executive Vice President of Hoisington Investment Management Inflation, deflation––where are we heading? There has been no better [...]Read More >

By Steve Blumenthal July 14, 2021 S&P 500 Index -- 4,358 (close) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >

July 9, 2021 By Steve Blumenthal “While the talking heads on bubblevision seem to think that the move down in yields is borderline ridiculous, what they fail to take into account is the price signal that the bond market is sending us.” – David Rosenberg, President, Chief Economist, and [...]Read More >

By Steve Blumenthal July 7, 2021 S&P 500 Index -- 4,358 (close) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >

July 2, 2021 By Steve Blumenthal “We learned a long time ago… that you can’t make a good deal with a bad person.” – Warren Buffett, Chairman and CEO of Berkshire Hathaway, Investor, and Philanthropist As you ease into your long holiday weekend, I thought I’d share with you two presentations. [...]Read More >

By Steve Blumenthal June 30, 2021 S&P 500 Index -- 4,319 Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of return [...]Read More >

June 25, 2021 By Steve Blumenthal “I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” – Bruce Lee, Martial Artist, Actor, Director, Instructor, and Philosopher A few days into my first job, Norman Tonkin pulled me into his [...]Read More >

By Steve Blumenthal June 23, 2021 S&P 500 Index -- 4,241 Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of return [...]Read More >

June 18, 2021 By Steve Blumenthal “Investing is the intersection of economics and psychology. The economics, the valuation of the business is not hard. The Psychology—How much do you buy? Do you buy it at this price? Do you wait for a lower price? What do you do when it looks like the world [...]Read More >

By Steve Blumenthal June 16, 2021 S&P 500 Index -- 4,248 (open) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >

June 11, 2021 By Steve Blumenthal “If it is not transitory, and I hope it is, then the weed of inflation grows and kills the garden.” – Richard Fisher, Former President and CEO of the Federal Reserve Bank of Dallas “The weed of inflation.” Love the analogy. And the topic of inflation was at [...]Read More >