Market Minder

There is still no indication central banks’ tapering quantitative easing bond buying is negative for markets.

Why contracting GDP and growthy business surveys aren’t in conflict.

An investing perspective on these widely discussed supply shortages.

Pundits New Take on the May Myth

As expectations for fast growth proliferate, investors should focus on whether reality is likely to follow through.

Look beyond PMIs’ record highs for signs of where the bull market is today.

Stocks actually haven’t been too rocky this year.

Redrawing the districts should have many congresspeople rethinking major legislation.

To the extent anyone would actually pay it, nearly doubling capital gains taxes for 0.3% of US taxpayers is not a giant sucking sound for stocks.

Global politics are overall quiet compared to last year, but that doesn’t mean nothing is happening.

What the latest Chinese economic data reveal about what lies ahead.

Q1 (and Q2) earnings may be great, but stocks are already looking beyond them.

Does a report showing how the UK economy fared under lockdown mean much now that restrictions are lifting?

As investors’ greed starts flowing, bad apples probably see opportunities—here is what to watch out for.

Surging CPI is more math quirkiness than inflation.

Stocks have already priced in economists’ global growth projections.

The latest data are fueling rather rosy expectations for the US economy. Take it with a big grain of salt.

Chinese stocks’ correction seems like a short-term hiccup.

What chatter about COVID relief checks’ economic impact says about sentiment today.

An eight-year spending roadmap that may or may not come to fruition won’t juice the economy now.

Fears of a single fund’s problems infecting the broad stock market proved false.

With prices up in some corners of the economy, we examine what inflation is—and isn’t.

Some tips on protecting yourself from bad actors preying on stressed investors.

Stocks aren’t acting like the last year was a new bull market.

A chart collection of sectors and industries most pundits assume are very reliant on reopening the economy raises the question: How much reopening isn't baked into stock prices now?

There is an epic case of monetary policy confusion right now.

The E, not the P, is the driving force behind P/Es these daysâ?"and shows why stocks aren't overvalued.

This week's successful bond auctions suggest rumors of Treasury demand's demise are greatly exaggerated.

Don't presume massive savings will lead to surging spending.

Despite the titular tie to arguably the greatest living investor, this valuation measure lacks predictive power.

Bond markets are volatile, too, and this has all the markers of a sentiment-driven swing.

Detailing the base effects that will ? umm ? inflate some gauges of prices in the near future.

Aside from next year's stealth income tax hike, most of the UK's new Budget looks like version 2.0 of make-believe austerity.

Value stock enthusiasts seem to be overlooking some fundamental headwinds.

There isn't much evidence yield chasers drive returns.

Our take on the recent jump in long-term Treasury yieldsâ?"and their likely impact on stocks looking ahead.

Bubble chatter is emerging, but is it timely?

The more Italian prime ministers change, the more gridlock remains the same.

The Fed is more than one person, and that one person might not even be in charge much longer.

Better-than-feared quarterly results indicate rational optimismâ?"and highlight the 2020 contraction's peculiarities.

A grueling 12 months carries timeless lessons for investors.

The more pundits worry about inflation, the less likely it shocks stocks.

Any talk about commodity prices beyond 2021 is sheer speculation.

The cryptocurrency bandwagon is looking crowded.

Q4 GDP slowdownsâ?"and even some contractionsâ?"surprised few.

Investors are getting their first look at 2021's gridlock in action.

The big bounce is behind; further growth is likely, but keep expectations in check.

Successful investing doesn't require moonshots.

The latest actions aren't as sweeping as meets the eye.

Pundits are uncharacteristically cheerful toward stock buybacks these days.

When everyone expects one category to lead, something different usually happens instead.

Reactions to recent dips in US and UK economic data suggest rising optimism.

Presidents don't dictate market returnsâ?"for good or ill.

And why it previews the likely gridlock to prevail in Washington this year.

A loose, general picture of the 2021 we think stocks are likely looking to nowâ?"and what it may mean for sentiment.

An overall positive reaction to dreary numbers is unusual this early in a bull market.

One week into the UK's post-Brexit life, chaos seems largely absent.

To avoid investing errors, we think it is critical to set partisan politics aside.

This economic downturn's unique characteristics have a few key implications.

There is no doubt that 2020 was a bad year in most respects, but economically, a better-than-feared reality was enough to let markets look past lockdowns' impact.

What investors should and shouldn't do when reviewing 2020 portfolio performance.