Up and Down Wall Street


It’s July Fourth. Are You Ready for Yet Another American Revolution?

America’s greatest traditions are nothing short of revolutionary. New York’s Zohran Mamdani is just the latest one.

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Stocks Are Flying, the Dollar Is Falling, Tariffs Haven’t Hit Yet. Why Cut Rates Now?

Fed Chair Powell reiterated uncertainty over the effects of tariffs on prices. And for all the concern about labor markets, the real problem there, particularly with deportations, is too few workers, not too few jobs.

4 minute read

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Baseball’s Surprise Lessons for Investors

What Shohei Ohtani, Bobby Bonilla, and Fernando Tatis Jr.’s contracts can teach us about money.

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Will the U.S. Bombing of Iran Actually Matter for Markets?

Whatever the geopolitical motivation, stock and bond markets have to deal with the possible economic and financial consequences.

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Trump Needs 2 Weeks. Here’s What the Stock Market Needs Now.

The S&P 500 is less than 3% away from its all-time high. But the longer investors are forced to cool their heels, the more their patience will be tested.

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Chevron and Exxon Are the Next Hot AI Stocks. Here’s Why.

AI needs power—and lots of it. These formerly stodgy Big Oil companies are well positioned to offer just that.

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Missiles Are Flying in the Middle East. The Market Shrugs It Off.

Only a more severe damage to energy infrastructure or disruption of transit through the Strait of Hormuz, a key route for tanker traffic, would produce a lasting rise in energy prices.

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Trump’s Investment Fund for Babies May Shortchange Them. Here’s a Better Approach.

The proposed fund would give babies a stake in the U. S.stock market. There’s a world beyond that.

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Private Markets Are Taking Over. Where’s the SEC?

We’re witnessing a massive migration from capital activity regulated by the SEC into an ecosystem with much less oversight.

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Tariffs, Trade Talks, and a Giant Tax Bill: No Wonder We’re Confused

Despite everything, the U.S. continues to perk along, and stocks have rebounded. But the true state of the economy is more fodder for confusion.

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I Never Thought I’d Say This: Buy TIPS

The yield on 30-year Treasury inflation-protected securities is at the highest level since 2010. Why this longtime Treasury bear sees opportunity.

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Who’s to Blame for the Market Drop? We Are, Alas.

It wasn’t President Trump who rushed in to buy so much stock that the S&P 500 rose 19.6% from its low on April 8 through May 8, erasing all its Liberation Day losses and then some.

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Healthcare Stocks Are So Bad, They’re Good. What to Buy Now.

Healthcare has been running neck and neck with energy and consumer discretionary for the worst sector of 2025.

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Treasuries Are Here to Spoil the Stock Market Party

Equities reacted jubilantly to Trump’s trade agreement with China. They should have paid closer attention to U.S. government yields.

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The Secret Thread Between Warren Buffett and Other Game Changers

Paying tribute to ISS founder Robert A.G. Monks, former Morgan Stanley chairman Robert Baldwin, Charles Schwab, Jack Bogle, and UCLA Coach John Wooden.

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Stocks Are Back and Economic Data Look Solid. Tariffs Could Spoil It All.

The market rose on the monthly data, some of which is misleading, and none of which detects any signs of the impact of a global trade war.

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Welcome to the New World of Lower Returns. Where to Invest Now.

Stocks won’t enjoy the strong tailwinds that propelled the S&P 500 to 20%-plus returns in the past two years. Instead, investors should aim for 6% returns.

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Time Is Running Out for the Stock Market. Trump’s Next Move Is Crucial.

Investors are still waiting to see what damage was done before the president blinked on tariffs.

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Pepsi and Other Food Stocks Are Broken. How They Get Back on Track.

Big food companies raised prices more than they needed to during the pandemic, and are now paying the price as consumers look for cheaper—and healthier—alternatives

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Duolingo Will Teach You to Play Chess. What It Means for the Stock.

The list of reasons for optimism is long. The stock could gain as much as 40%, says one analyst.

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U.S. Spending Threatens to Wreck the Dollar’s Status. Wake Up, America.

A hundred years ago, a policy move set the stage for sterling’s diminished importance. Soaring deficits could have similar implications for the greenback.

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The Bond Market’s Rout Is Bad News for the U.S. Economy

Trump and his advisers may not appreciate that the U.S. is a debtor nation and needs to attract foreign capital to fund its massive budget deficits.

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Trump Is Fighting a Trade War He Can’t Win. The Stock Market Is the Loser.

The sudden shock of massive tariffs has the potential to upend the U.S. economy. What an us-against-the-world policy means for your investments.

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