An analysis and commentary on the financial markets.

Friday evening saw a series of significant political, economic, and international developments.

Stocks rallied again today, moving to new highs.

As the Federal Reserve signals it doesn’t care about price inflation, we’re reminded the Fed is mostly motivated to ensure rising asset prices for Wall Street while pushing cheap credit to finance federal deficits.

The oil markets had a negative day today.

AGMH shares are now trading at nearly 10x the their price in late April.

The Dow, S&P 500, and Nasdaq all notched record closes for the second day, securing strong weekly wins across the board.

Since May, the S&P has rocketed to new all-time highs. We now see many equity valuation levels at their most extended levels in all of history.

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