The backdrop for stocks appears to be more favorable with the recent move lower in the 10-year Treasury yield, which may make stocks more attractive. We are seeing the typical seasonal volatility in October, but the recent swings have been relatively shallow by historical standards, as the buy the dip mentality appears to [...]

Stocks have been bucking the historical September weakness so far, thanks to an extremely favorable setup with Federal Reserve rate cuts, strong earnings, solid economic growth and muted inflation. The stock market's strength is making it tougher to put new money to work, as valuations are rising, which makes [...]

Thursday's jobless claims data was stronger-than-expected, which is yet another data point suggesting that there are cracks beginning to form in the labor market. On the eve of Jerome Powell's closely watched commentary in Jackson Hole, investors are looking for assurance from Powell that a rate cut is likely at [...]