Last Friday, the S&P 500 finished the week just below 5700. The question going into this week was, “Will the S&P 500 get propelled above the 200-day?” And as I review the evidence after Friday’s close, I’m noting that the SPX is almost exactly where it was one week ago! That’s right–after…
When your investment portfolio isn’t gaining ground, it’s natural to feel uneasy, especially in a market that lacks direction. A headline-driven environment only adds to the uneasiness, making it more difficult to decide whether to buy, hold, or sell. This is a challenging situation for investors. The S&P 500 ($SPX)…
Former Supreme Court Justice David Souter died Thursday at his home in New Hampshire at the age of 85, the Court announced Friday. ‘Justice Souter was appointed to the Court by President George H.W. Bush in 1990, and retired in 2009, after serving more than 19 years on the Court,’…
Vice President JD Vance suggested the U.S. will not intervene in the ongoing conflict between India and Pakistan, arguing the dust-up is ‘fundamentally none of our business.’ ‘We can’t control these countries,’ Vance told Fox News’ Martha McCallum on ‘The Story’ Thursday. ‘We’re not going to get involved in the middle…
House Republicans are trying to find the right cocktail of tax reductions and new revenue to pass President Donald Trump’s ‘big, beautiful bill’ by Memorial Day. No taxes on tips is politically popular and is a key campaign promise of the president, but a coalition of deficit hawks could block…
Americans lambasted President George H. W. Bush for infamously vowing on stage at the 1988 Republican National Convention not to raise taxes on Americans, then supporting a tax hike as president two years later. History could repeat itself as President Donald Trump this week signaled his support for congressional Republicans…
A 2018 deal between the Vatican and the Chinese Communist Party (CCP) secured by Cardinal Pietro Parolin is once again under scrutiny as questions remain over how newly appointed Pope Leo XIV will take on the CCP. The Parolin-brokered deal was and remains a controversial agreement between the leaders of…
President Donald Trump on Friday morning said that an ‘80% Tariff on China seems right!’ adding on Truth Social that the final number would be up to U.S. Treasury Secretary Scott Bessent. An 80% tariff on Chinese goods coming into the U.S. would be nearly half of the current 145%…
A Massachusetts suspect was charged this week with attempting to assassinate a cabinet nominee, the U.S. Department of Justice said. Ryan Michael English, 24, was arrested in January after allegedly attempting to bring a knife and two improvised Molotov cocktails into the U.S. Capitol to assassinate then-Treasury Secretary nominee Scott…
Pakistan’s armed forces said they hit back at India, targeting military sites, after India fired missiles at three of its air bases in a frightening escalation between the two nuclear-armed neighbors. India had earlier targeted the three air bases inside Pakistan with missiles, most of which were intercepted, on Saturday,…