The nomination for Treasury Secretary is one of the highest-profile cabinet picks for any incoming president, especially if they’ve run on promises to improve the economy. So, it’s worth examining what a Treasury Secretary actually does now that President-elect Donald Trump has chosen hedge fund manager Scott Bessent. For starters, the secretary is the president’s…Read more
Semi-Soft Market The beloved technology sector has made more headlines over the past two years than all other sectors combined. Although we typically talk about it as a broad group of stocks, or a more narrow subset such as the Magnificent Seven, one of the emerging stories has been around the industry groups within technology…Read more
Usual Suspects In previous columns, I’ve written about the market’s attention shifting from inflation to jobs. I’ve also written about shelter as a sticky component, and more recently car insurance as a newer inflation driver (no pun intended). After October’s Consumer Price Index (CPI) came out this week, I wish I could say things have…Read more
