Bucking the Trend

Bucking the Trend

  Hikes are out, and cuts are in. That’s the direction the world’s Central Banks have been moving lately. This week, the European Central Bank and Canada joined Sweden and Switzerland in cutting their key policy interest rates. That makes four major...
Economists vs Normal People

Economists vs Normal People

If you were to ask a random person on the street their thoughts on inflation, they’d likely say, “It’s ridiculously high right now.” But ask that same question to an economist, and you’d probably get a different answer. They’d say something like, “It’s come down...
Return to Normal

Return to Normal

  This week’s chart highlights a significant milestone for stock investors: the VIX Index is back to pre-pandemic lows. The VIX, often called the “fear gauge,” measures market volatility implied from S&P 500 options. When it rises, it means investors expect...
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...