Dow 40,000

Dow 40,000

  The U.S. stock market reached a major milestone last week as the Dow Jones Industrial Average crossed the 40,000 mark for the first time ever. Looking at the chart, you can see that the Dow first crossed 20,000 in January 2017. So, it took a little over 7 years...
Presidential Cycle

Presidential Cycle

  Have you ever wondered how the stock market does during a presidential election year? Well, let’s take a look! This week’s chart shows how the Dow Jones Industrial Average, which is used as a representation of the stock market, typically performs over a...
Doctor Copper

Doctor Copper

  There’s this saying on Wall Street that copper is the commodity with a PhD in economics. Why? Because it’s an industrial metal that sees its demand wax and wane with economic growth. The higher the growth, the higher the demand for copper, and vice versa. Well,...
Cutting Expectations

Cutting Expectations

This week’s big news was the release of the March CPI (consumer inflation) numbers. As feared, it came in hotter than expected. The year-over-year change in the CPI picked up to 3.48% last month. As you can see on the chart below, it’s been stuck in a narrow range...