The Market has a bit of a love hate relationship with the American government. It always has and probably always will. The Market definitely relishes the stability and safety our government provides but gets easily agitated with overreach and a lack of discipline. There’s definitely been a lot of the latter of late...

The post-election rally stalled this week. The Dow and S&P erased half of their gains since Election Day. A better-than-expected earnings report from Disney helped cushion the Dow, while the Tech-heavy NAS fared the worst on the week. The Market continues to deal with the fits and starts in the wake of the election. It’s trying to decipher the differences of campaign promises versus actual governing priorities. There have been some cabinet appointments that, shall I say, have raised some eyebrows as well as caused full blown shock. That shock included members from within the Republican Party...

November 5th, 2024. It’s a date that been circled on the calendar since 2023 concluded. The hype is over. It finally came; The consequential American Presidential election. The people mailed in their ballots and headed to the voting booths in size. The mood had been extremely tense, at times vitriolic, with a surplus of nervous energy. That’s pretty much how the Market had been behaving of late. Traders had been anxious about outcomes that could shape Washington’s agenda for years ahead. The country is sorely divided. One thing the American people agreed upon heading into the election is the nation’s current state. 70% believe the country is on the wrong track. Change has been a constant theme...