The rapidly emerging Private Companies asset class and the “Vanguard Effect” are the best answer for how 80% declines for the Dow and the S&P 500 from their recent all-time highs are possible. See my 03/17/25, “Secular Bear Underway, How 80%+ Decline for Dow &...
Activity at US service providers slipped into contraction territory last month for the first time in nearly a year on an abrupt pullback in demand, while prices accelerated as higher tariffs reverberated across the economy. The Institute for Supply Management’s index...
Apollo Global Management, Inc. has warned Australia’s securities regulator against “broad brush” rules for unlisted investments and has called for regulation to instead target specific asset classes. The comments were included in one of more than 50 submissions...
Dollar General Corp. surged after increasing its annual guidance, helped by luring more higher-income shoppers looking for deals. The discount chain also said it expects to mitigate a significant amount of the tariffs currently in place. The company sees same-store...
For a fleeting moment Monday morning, 20-year bonds were no longer offering the highest yields on the US Treasuries curve. The tenor briefly traded below the longest-maturities by the most in almost four years, sending 20-year yields less than 1 basis point below the...
