Cash is king from a risk vs. reward perspective.
The only effective way to deal with a bear market is to prepare for it ahead of time.
The odds that the Fed would cut were already quite low and the news Tuesday of some progress on China trade makes it even more unlikely.
There's a lot going on right now and the markets (and media) have difficulty latching on to more than three or four stories at a time.
My thesis all along has been that an attempt to normalize the yield curve must be made, therefore I would choose to be proactive.
The Fed needs the justification from the data to be able to cut -- it does not have that green light yet.
The more I look at this market worldwide, the more I think bonds are going to rally.
President Trump uses economic leverage instead of infantry divisions to defend U.S. interests, and Advanced Micro Devices regains lost ground.
Shorting individual stocks is going to be a very lucrative summer trade.
Here's how to read and react to Friday's important numbers.