Why The S&P Will Drop 25% in 2025
It’s been a great time in the market with the S&P +31.46% over the last year. But – for a number of reasons – I suspect 2025 will surprise many in being a bad year with the S&P dropping 25%….
The Banks Tank, Presidential Debate, August CPI And The Fed
Market Commentary: JP Morgan (JPM) is down 7% today after President and COO Daniel Pinto said “Net interest income (NII) expectations are a bit too high. Next year is going to a bit more challenging” at an industry conference. Ally…
Why Kamala Harris’s Plan To Tax Unrealized Capital Gains Would Crash The Stock Market
Kamala Harris’s plan to tax unrealized capital gains for individuals worth more than $100 million is supposed to be a tax on the ultra-rich but in fact it would crash the entire stock market, hurting everybody who owns stocks. Why?…
DG’s Struggles: Economic and Political Implications; Adding To My Position
Perhaps the most important data point this week came from Dollar General (DG) when it reported its second straight disastrous quarter Thursday morning. For the second quarter in a row, DG lowered its full year guidance. DG is now expecting…