Markets
Stocks Crash as Inflation Runs Hot. Has Powell Lost Control?

Stocks Crash as Inflation Runs Hot. Has Powell Lost Control?

For months, Jerome Powell told investors not to worry about inflation. Today they started doubting his advice. The Bureau of Labor Statistics reported this morning that consumer prices rose 4 times faster than expected in April. Much of the surge came from commodities...

Cloud-Computing vs Crude Oil: Lessons in a Dramatic Chart

Cloud-Computing vs Crude Oil: Lessons in a Dramatic Chart

One of the biggest events in the history of the Dow Jones Industrial Average happened last August when Salesforce.com replaced Exxon Mobil as an index member. A 21-year software company elbowed out a transnational giant tracing its origins to John D. Rockefeller and...

The Value Trade Seems to Be Coming Back After a Brief Pause

The Value Trade Seems to Be Coming Back After a Brief Pause

That huge shift in investor sentiment, growth to value, seems to be resuming as a new month begins. This chart compares the iShares Value ETF (IWD) with the iShares Value Growth ETF (IWF). Notice how they’ve moved in opposite directions since the beginning of last...