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A Supply Tsunami Is Coming

A Supply Tsunami Is Coming

By Michael Lebowitz and Lance Roberts | Jun 11, 2026 | Daily Market Commentary
The coming wave of equity supply we detailed in
SPCX Is Firing Up: 3 Businesses To Breakdown

SPCX Is Firing Up: 3 Businesses To Breakdown

By Michael Lebowitz and Lance Roberts | Jun 11, 2026 | Daily Market Commentary
After much anticipation, SpaceX (SPCX) begins trading tomorrow. The headlines will focus on the $2 trillion valuation and the likely significant volatility in the price once the SPCX...
Oil Market Opinions Widely Vary

Oil Market Opinions Widely Vary

By Michael Lebowitz and Lance Roberts | Jun 10, 2026 | Daily Market Commentary
Art Berman wrote an excellent analysis describing the state of the oil market and two distinct messages being debated. The following commentary is from his article:  
The CPI Math Driving Inflation Works Two Ways

The CPI Math Driving Inflation Works Two Ways

By Michael Lebowitz and Lance Roberts | Jun 9, 2026 | Daily Market Commentary
Simple math suggests that tomorrow’s CPI report for May will likely continue to show high inflation. To compute CPI, the BLS measures gasoline prices during the first three weeks of...
Fed Chair Warsh Faces A Tough Test

Fed Chair Warsh Faces A Tough Test

By Michael Lebowitz and Lance Roberts | Jun 8, 2026 | Daily Market Commentary
New Fed Chairs are often tested early in their terms. For instance, two years after Bernanke took over the Fed, the Financial Crisis kicked into full gear. Janet Yellen was tasked wit...
The IPO Boom And Its Impact On Markets

The IPO Boom And Its Impact On Markets

By Michael Lebowitz and Lance Roberts | Jun 5, 2026 | Daily Market Commentary
The headlines surrounding the SpaceX IPO seem mainly focused on how high the stock will go. There is a more important question stemming from the SpaceX IPO and other large deals that...
Saylor Sells Bitcoin: Is His Cult Crumbling?

Saylor Sells Bitcoin: Is His Cult Crumbling?

By Michael Lebowitz and Lance Roberts | Jun 4, 2026 | Daily Market Commentary
“Never. No. We’re not sellers. We’re only acquiring and holding Bitcoin. That’s our strate...
The Blackwell Cliff That Wasn’t

The Blackwell Cliff That Wasn’t

By Michael Lebowitz and Lance Roberts | Jun 3, 2026 | Daily Market Commentary
At the start of the year, Wall Street voiced concern about Nvidia’s so-called Blackwell Cliff. The Blackwell Cliff is essentially an air pocket between demand for its current Blackw...
AI Credit Card Agents: The Next Wave Of Consumerism

AI Credit Card Agents: The Next Wave Of Consumerism

By Michael Lebowitz and Lance Roberts | Jun 2, 2026 | Daily Market Commentary
Robinhood, the financial brokerage company, just introduced an AI credit card agent. The AI credit card agent can scan for the best prices, monitor availability, and make purchases au...
Low Savings Boosts Spending Today But At A Cost Tomorrow

Low Savings Boosts Spending Today But At A Cost Tomorrow

By Michael Lebowitz and Lance Roberts | Jun 1, 2026 | Daily Market Commentary
One of the most underappreciated risks to the economic outlook is the historically low personal savings rate and its impact on personal consumption. At roughly 2.6%, the current savin...