Powell was more dovish than expected at Jackson Hole Powell's speech on Friday morning was the most anticipated financial event of the week. Following the…
Victor Adair23 August 2025
Creative destruction: move fast and break things This week was short on scheduled market-moving economic data (setting aside the poorly bid bond auctions), but Trump…
Victor Adair9 August 2025
The S&P closed at record highs last week, but fell to 1-month lows this week The September S&P futures closed at record highs last week,…
Victor Adair3 August 2025
Markets are not expecting RISK! The leading global equity indices are at or near all-time highs. The S&P is up ~33% from the April lows,…
Victor Adair27 July 2025
The Trend Is Your Friend - summerweight edition! The S&P has rallied nearly 10X in the last 16 years. It is up ~3X from the…
Victor Adair20 July 2025
The bull market in risk assets continues Bitcoin reached new all-time highs this week, up ~60% from the April lows. Silver surged to a 14-year…
Victor Adair13 July 2025
The S&P, NAZ and TSE hit new record highs this week The S&P is up ~30% from the April lows (~7% YTD), the NAZ is…
Victor Adair6 July 2025