Yawn!

Yawn! VIX (volatility index) futures spiked on Wednesday as NVIDIA, the world’s most valuable company, was set to report earnings after the market close. The expectation was that this earnings report could either solidify the AI story or reveal cracks in the narrative for the first time—after all, nothing lasts forever. Business TV news networks […]
READ POST

Damn the Torpedoes – Full Speed Ahead!

Damn the Torpedoes – Full Speed Ahead! Chair Powell’s term is set to expire in May 2026, but President Trump needs the economy and the stock market to perform well over the next 14 months—or the GOP’s chances of holding the House are shaky at best. That has Trump placing enormous pressure on Chairman Powell, […]
READ POST

The Tariff-Inflation Connection

The Tariff-Inflation Connection It was a confusing week of inflation information this week. On Tuesday, the CPI (Consumer Price Index), was reported at 0.2% for the month and 2.7% year over year, essentially as expected. That eased concerns regarding the impact of tariffs on inflation. Two days later, the PPI (Produce Price Index) reported an […]
READ POST

Price is What You Pay

Price is What You Pay, Value is What You Get Wisdom from an Accomplished Value Investor We make a point of studying the best investors in the world. This week, we came across a Bloomberg Interview with Chris Davis, Chairman and Portfolio Manager of Davis funds. The full interview can be found in the link […]
READ POST

Animal Spirits – Is the Market Ahead of the Fundamentals?

Animal Spirits – Is the Market Ahead of the Fundamentals? Most people prefer to think of markets as efficient rather than random. Markets are certainly efficient in the sense that new news, or fundamental information, is quickly reflected in stock prices. But there are times when rational, fundamental thought seems to disappear, and markets are moved […]
READ POST

Another Bite at the 100% Depreciation Apple

Another Bite at the 100% Depreciation Apple We are always a bit amused by politicians who position themselves as “pro-growth.” We have yet to find a politician who is against growth. The difference lies in the way they plan to achieve that growth. The One Big Beautiful Bill Act lays out President Trump’s attempts to […]
READ POST

Trump Accounts: Take the Money and Run

Trump Accounts: Take the Money and Run The Trump Administration hopes that the new Trump Accounts will be a ‘path to prosperity’. These accounts are designed to be tool that helps families get a start on saving for education, and with no withdrawals allowed until kids are 18 years old, it can also provide a […]
READ POST