Volatility Grips Wall Street

Both the Dow Jones Industrial Average and the S&P 500 are now negative for the year, while the Nasdaq remains positive but is giving up ground quickly.

The Rise of the Machines

When we look at the economic data, we see a truly mixed picture of both resilience and slowdown.

Prognostications

The Federal Reserve is doing a good job talking tough, which is unsettling to many investors who fear a hard landing later this year.

First Five Days Theory

Investors are hopeful that the Federal Reserve may be a few months away from ending the interest rate hikes, with the bulk of those hikes already done.