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A Third Of US Debt Matures In 2026

A Third Of US Debt Matures In 2026

By Michael Lebowitz and Lance Roberts | Dec 12, 2025 | Daily Market Commentary
We received the following question from a client: “I was at a conference where they showed that roughly a third of the currently existing US Government debt is set to mature in...
Hawkish Or Less Dovish? QE Or Not QE?

Hawkish Or Less Dovish? QE Or Not QE?

By Michael Lebowitz and Lance Roberts | Dec 11, 2025 | Daily Market Commentary
There is a growing divergence of views among FOMC members. Some remain dovish, favoring more rate cuts. Their argument is based on a belief that inflation will continue to move toward...
Hassett To Replace Powell: Betting Markets Are Confident

Hassett To Replace Powell: Betting Markets Are Confident

By Michael Lebowitz and Lance Roberts | Dec 10, 2025 | Daily Market Commentary
Based on comments from President Trump and the odds on the Kalshi betting site, shown below, Kevin Hassett is the likely nominee to replace Jerome Powell when his term as Fed Chair en...
Is Japan In A Death Spiral?: A Contrarian Take

Is Japan In A Death Spiral?: A Contrarian Take

By Michael Lebowitz and Lance Roberts | Dec 9, 2025 | Daily Market Commentary
A day doesn’t seem to go by without a market pundit asserting that Japan is in a monetary and fiscal death spiral. It’s easy to come to such a conclusion given:
1 Million Layoffs – RIA

1 Million Layoffs – RIA

By Michael Lebowitz and Lance Roberts | Dec 8, 2025 | Daily Market Commentary
U.S. employers have announced over 1 million layoffs this year, the highest annual total since the pandemic-era collapse in 2020. November alone saw more than 71,000 layoffs announced...
5x Leverage Is Too Much Says The SEC

5x Leverage Is Too Much Says The SEC

By Michael Lebowitz and Lance Roberts | Dec 5, 2025 | Daily Market Commentary
Wall Street’s financial engineers thought they had found yet another way to turn financial markets into casinos. The gimmick this time is with 3x, 4x, and even 5x leveraged ETFs tie...
Natural Gas Prices: Weather, Data Centers And LNG

Natural Gas Prices: Weather, Data Centers And LNG

By Michael Lebowitz and Lance Roberts | Dec 4, 2025 | Daily Market Commentary
As we share below, courtesy of FinViz, natural gas prices have risen by over 50% since late October. Moreover, natural gas prices, approaching $5, are at three-year highs. The primary...
Black Friday Sales Results – RIA

Black Friday Sales Results – RIA

By Michael Lebowitz and Lance Roberts | Dec 3, 2025 | Daily Market Commentary
Based solely on Black Friday sales data, the holiday shopping season may be decent despite poor consumer sentiment.  According to Adobe Analytics, which draws data from over one tril...
Overheating Financial Markets Highlight Data Centers Handicap

Overheating Financial Markets Highlight Data Centers Handicap

By Michael Lebowitz and Lance Roberts | Dec 2, 2025 | Daily Market Commentary
The Chicago Mercantile Exchange (CME) trading platforms were shut down for approximately 4 hours due to overheating after its cooling system at its Illinois data center failed. The ou...
HSBC Casts Doubt On OpenAI’s Future

HSBC Casts Doubt On OpenAI’s Future

By Michael Lebowitz and Lance Roberts | Dec 1, 2025 | Daily Market Commentary
Per the Financial Times (LINK), HSBC has serious doubts about O...