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Visa, Mastercard, and Amex all reported strong 4Q results and saw double digit growth driven by growth in payments volumes.

Apple reported surprisingly strong quarterly results, driven by iPhone demand in China.

After months of intense back-and-forth, President Trump finally picked a new Chair for the Federal Reserve.

META reported strong earnings and better than expected revenue guidance. But expenses and capex spending keep growing rapidly.

Tesla's earnings were about inline with expectations. But the stock these days is trading on potential in the future businesses.

MSFT reported a strong quarter by the numbers. But secular fears and high expectations are pressuring the stock today.

Comments on SAP's earnings call are driving a big pullback in the enterprise software stocks.

A macro update on three big topics: recent weakness in the US dollar, tension building with Iran, and gold thoughts.

Increasing productivity could drive GDP growth, even in the face of zero growth in payrolls. Historically, this would be rare.

Earnings season is in full swing. Today alone, we get earnings from 28 members of the S&P 500. Below are highlights from some of the reports this morning.

Corning partnership with Meta. UPS earnings. UNP earnings. RTX earnings. And the US dollar is falling

The Fed govn announced an increase of only 0.09% in medical costs to insurance companies who offer Medicare Advantage plans.

Silver/Gold, Nat Gas, Earnings Season, ANET, and CRWV

Drama continues in Japan, as the Fed hints that it might intervene directly to help the Yen -- echoes of the 1998 Asian Financial Crisis

The Fed Govn is once again at risk of a shutdown this weekend. And President Trump is once again threatening a key ally with a massive tariff.

Today we're review which stocks are doing well so far this year. Oil is popping again on Iran fears. Memory prices could become headwinds for other tech co's.

January 23, 2026 Here’s a crazy stat – Intel stock is up 120% over the past year!  Yes, even including today’s 13% drop.  What’s going on there?   Well, it’s not because of the financial results.  Over the past year, Intel’s total sales fell by -0.5%.  And its profits were down by a lot more.  So what the heck is going on?   Intel still designs and makes its own chips.  But it’s slowly getting into the business of making chips for other people – called a “foundry”.  Long-ter

Earnings season continues, with reports from two blue chips - P&G and GE Aerospace. We'll also review inflation and look at the 10yr yield.

January 22, 2026 Jensen Huang, CEO of Nvidia, spoke at Davos yesterday.  And no surprise to anyone, he was bullish about the future.  His bullish comments are helping the AI stocks rally higher today. As a reminder, in 2026 outlook, our #1 most important question for the stock market is:  “how sustainable is AI growth?”   His Davos speech gave us some clues. Importantly, he dismissed the notion of an “AI bubble”, saying that infrastructure investment is still just at the begi

January 22, 2026 In our 2026 outlook, one of our existential questions was “what if NATO dissolves” ?   This week, we got a peek behind that door, and it wasn’t pretty.  The market fell over 2% on Tuesday alone, partially due to tariff related threats.  Talk on both sides of the Atlantic escalated.  The ramifications to global security and trade are severe and frankly hard to predict. People started to ask me questions like: “What happens if the EU sells all our treasury bond