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Bond Yields May Plummet: Five Potential Catalysts

Bond Yields May Plummet: Five Potential Catalysts

By Michael Lebowitz and Lance Roberts | Feb 11, 2026 | Daily Market Commentary
The top graph below, courtesy of Bloomberg, shows that the price of TLT, the 20+ year Treasury bond ETF, has been drifting sideways for the last couple of years. Often, when a securit...
Sanae Takaichi And The Yen Carry Trade

Sanae Takaichi And The Yen Carry Trade

By Michael Lebowitz and Lance Roberts | Feb 10, 2026 | Daily Market Commentary
In a blog last week titled Japan...
Software Or Staples? – RIA

Software Or Staples? – RIA

By Michael Lebowitz and Lance Roberts | Feb 9, 2026 | Daily Market Commentary
As we wrote in yesterday’s Co...
Value or Growth Is Not A Debate, Its An Opportunity

Value or Growth Is Not A Debate, Its An Opportunity

By Michael Lebowitz and Lance Roberts | Feb 6, 2026 | Daily Market Commentary
At the start of 2026, we introduced our Factor Rotation Model. The model summary below was posted in
Eli Lilly Shares Boosted BY GLP-1s

Eli Lilly Shares Boosted BY GLP-1s

By Michael Lebowitz and Lance Roberts | Feb 5, 2026 | Daily Market Commentary
On Wednesday, Eli Lilly, the largest holding (15%) in XLV, the State Street healthcare sector ETF, reported earnings well above expectations, and its shares initially rose by 10%. Its...
ISM Manufacturing Supports Reflationary Forecasts

ISM Manufacturing Supports Reflationary Forecasts

By Michael Lebowitz and Lance Roberts | Feb 4, 2026 | Daily Market Commentary
Over the last couple of weeks, we have shared evidence that supports the reflationary narrative and some that defies it. Today, we share the latest ISM Manufacturing data, which lends...
Private Credit Funds Falling Out Of Favor

Private Credit Funds Falling Out Of Favor

By Michael Lebowitz and Lance Roberts | Feb 3, 2026 | Daily Market Commentary
Private credit funds were all the rage in 2024 and 2025 as institutional and high-net-worth retail investors sought more risk and higher returns. Over the last few months, that trend...
Warsh To Head The Fed

Warsh To Head The Fed

By Michael Lebowitz and Lance Roberts | Feb 2, 2026 | Daily Market Commentary
The wait is over, and President Trump has nominated Kevin Warsh to head the Federal Reserve. To better appreciate Warsh’s views on monetary policy and what they may entail for marke...
Meta And Microsoft: Great Earnings But Different Results

Meta And Microsoft: Great Earnings But Different Results

By Michael Lebowitz and Lance Roberts | Jan 30, 2026 | Daily Market Commentary
On the heels of strong fourth-quarter earnings reports, Microsoft is opening down 8%, while Meta is trading up 10%. Microsoft topped expectations for earnings and revenues. However, t...
The Energy Sector Is Outpacing Energy Prices

The Energy Sector Is Outpacing Energy Prices

By Michael Lebowitz and Lance Roberts | Jan 29, 2026 | Daily Market Commentary
Over the last year, energy stocks have traded well despite crude oil prices languishing. For instance, over the last six months, XLE, the energy ETF, has risen 14%, while crude oil pr...