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Long Bonds Are Weary Of Warsh’s Inflation Resolve

Long Bonds Are Weary Of Warsh’s Inflation Resolve

By Michael Lebowitz and Lance Roberts | Jul 31, 2026 | Daily Market Commentary
At Wednesday’s FOMC press conference, Chair Warsh made it clear that the Fed’s number one goal is returning inflation to its 2% target. The reaction in...
A September Rate Hike Is On The Table

A September Rate Hike Is On The Table

By Michael Lebowitz and Lance Roberts | Jul 30, 2026 | Daily Market Commentary
Despite the market assigning a moderate 35% chance of a rate hike at yesterday’s FOMC meeting, the Fed left rates unchanged. However, three dissenting vot...
Will High Oil Prices Force The Fed’s Hand

Will High Oil Prices Force The Fed’s Hand

By Michael Lebowitz and Lance Roberts | Jul 29, 2026 | Daily Market Commentary
The FOMC meeting concludes today with the rate decision at 2:00 PM ET, followed by Warsh’s press conference at 2:30 PM. Heading into today’s announcemen...
Chip Momentum Is Fading Despite Strong Earnings

Chip Momentum Is Fading Despite Strong Earnings

By Michael Lebowitz and Lance Roberts | Jul 28, 2026 | Daily Market Commentary
Last week, chip maker Intel delivered its seventh consecutive quarterly earnings beat with revenue growing 25% year over year, its fastest growth since 2011...
Small Caps Are Quietly Winning While Mega Caps Wobble

Small Caps Are Quietly Winning While Mega Caps Wobble

By Michael Lebowitz and Lance Roberts | Jul 27, 2026 | Daily Market Commentary
Thursday’s selloff, led by Alphabet down 7% and Tesla down nearly 15%, was a great example of a story that has been unfolding throughout most of the year....
Are Oil Prices Driving The Iran Conflict?

Are Oil Prices Driving The Iran Conflict?

By Michael Lebowitz and Lance Roberts | Jul 24, 2026 | Daily Market Commentary
In physics, kinetic equilibrium describes a system in which forces are balanced, and motion continues at a steady, unchanging rate. Felix Vezina-Poirier of...
Prediction Markets: A New Sentiment Gauge For Traders

Prediction Markets: A New Sentiment Gauge For Traders

By Michael Lebowitz and Lance Roberts | Jul 23, 2026 | Daily Market Commentary
Prediction markets leader Polymarket has a daily contract that bets on whether the S&P 500 opens higher the next trading day. Yesterday’s contract, as...
Alphabet And Intel: Q2 AI Earnings Kick Off

Alphabet And Intel: Q2 AI Earnings Kick Off

By Michael Lebowitz and Lance Roberts | Jul 22, 2026 | Daily Market Commentary
Alphabet reports earnings after today’s close, and Intel follows tomorrow. Together, they provide a first clue as to whether AI-related spending and inves...
Moonshot AI Raises Red Flags In The AI Industry

Moonshot AI Raises Red Flags In The AI Industry

By Michael Lebowitz and Lance Roberts | Jul 21, 2026 | Daily Market Commentary
Moonshot AI, a Chinese company, just released AI model Kimi K3. Kimi K3 is a 2.8 trillion-parameter open-source AI model that the company claims is the larg...
The Deficit Spending Problem With A Non-Political Fix

The Deficit Spending Problem With A Non-Political Fix

By Michael Lebowitz and Lance Roberts | Jul 20, 2026 | Daily Market Commentary
The national deficit debate usually focuses on entitlement and defense spending. While they have merit, they miss the single largest driver of America’s d...