Latest Insights on WRAP
The New Power Behind Today’s Stock Market January 17, 2017 U.S. Economy Lately, I notice a new word popping up in companies’ investor presentations: “millennials.”
The Battle for Bonds December 28, 2016 U.S. Economy Stocks have reached stupid valuations, and bonds are under assault from Fed rate hikes. So, here we are, at a point in history when down is far more likely for each than up.
Don’t Trust the Euphoria November 23, 2016 U.S. Economy The Dow topped 19,000 for the first time ever on Tuesday. Bond prices are plunging. The dollar is at a 14-year high. I even heard talk of the global economy picking up speed! Beware what comes next…
The Leading Edge of the Dollar Hurricane September 7, 2016 Currency U.S. exports are down nearly $64 billion so far this year, and yet the Fed is flirting with raising interest rates. Can you imagine the economic storm if the dollar gets any stronger?
Worse Than the Great Recession? September 2, 2016 U.S. Economy As another earnings season comes to an end, one thing immediately jumps out: Stock prices are out of whack from their core value — earnings. And the implications are dire.





