Will the Fed move on rates in Q2

The economic landscape at the outset of 2017 speaks to modest growth, incremental gains in inflation, cycle highs for consumer sentiment and small business optimism. Stable energy prices, continued expansion in the housing sector of the economy and the prospects of a...

Post-Election Rally

Kenny’s Commentary on FoxBusiness   S&P 500 Set for Worst Day in Three Months, Clings to Biggest Post-Election Rally Since JFK Wall Street let some air out of its euphoric Trump rally Thursday as investors craved more clarity from the president-elect on his...

The Valuations Factor

We enter 2017 having witnessed a broad post-election rally that has lifted nearly all boats indiscriminately. In some cases, the move higher in prices has been well deserved but not in all. The mild year-end reset lower in prices that materialized at the close of 2016...

2017 – A Look Ahead

Equities   In the case of equities, as you know, I am constructive. I am calling for the Dow Industrials to close out 2017 at 22,900. My 2017 year end target for the S&P 500 is 2602 and my target for the Nasdaq is 6425.   Commodities   WTI crude will likely lose a...