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

January 21, 2026 Both of yesterday’s shocks – Japan and Greenland – are cause for relief today.  Both crises seem to be calming down. On Japan , the global bond market is recovering after yesterday’s pullback.  Japan’s bond yields are falling by nearly the entire amount they gapped up yesterday.  As a result, bonds are cooling off across the globe.  US rates are falling a bit.  The 10yr yield is down a bit, but still up meaningfully versus last week.  This is still an issue o