Another week brought another record close for equities. The S&P 500 Index increased 1.2% for the week (1), notching a new high, but investor attention appeared to be focused elsewhere. Low levels of market volatility, a pickup in M&A activity, a ...

We don’t think the economic weakness in Q1 is the start of another recession, and, indeed, we continue to expect that real GDP will expand 3.0% in all of 2014...

For the third year in a row, the summer driving season kicked off with national gasoline prices at $3.67 per gallon, according to data from the U.S. Department of Energy. Prices at the pump are below the $3.80 – $4.00 danger zone where they contr...

One obvious consequence of the information technology revolution has been an explosion of news and noise.  We are bombarded daily with information and commentary that comes at us online, in print, and over various airwaves. This information...

We do not think the first quarter GDP report will be a harbinger of a recession in the near future...

Godzilla, the latest version of Japan’s King of Monsters, took the top spot at the box office this past weekend. But Japan’s stock market looks like a giant mutated lizard stomped all over it. One of the worst-performing stock markets in the worl...