The Bipartisan Infrastructure Bill
In an increasingly rare moment of bipartisan unity, a group of Republican and Democratic Senators, along with President Biden...
Read MoreHome › Blog
In an increasingly rare moment of bipartisan unity, a group of Republican and Democratic Senators, along with President Biden...
Read MoreThe Chinese dragon cast a shadow over free trade and foreign investment last week.
Read MorePresident Trump attracted a great deal of attention through his stance towards China, including his implementation of tariffs against numerous Chinese goods.
Read MoreShortest ever. Last week, the National Bureau of Economic Research (NBER) finally announced the official dates for the recession that occurred in 2020.
Read MoreSecond Quarter 2021 Key Takeaways, The second quarter of 2021 for equities marked a continuation of the remarkable recovery since the COVID downturn in early 2020.
Read MoreThe term “peak growth” has become almost as popular as the comedy show Ted Lasso.
Read MoreEarlier this month President Biden signed an executive order encompassing 72 actions and recommendations aimed at increasing competition and limiting anti-competitive practices
Read MoreThere was a gapers’ block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to.
Read MoreLast week 130 countries agreed to a corporate tax framework with a minimum tax rate of 15%.
Read MoreWhat begins with the letter “I”? Infrastructure is essential and sometimes taken for granted. Pipes carry drinking water to our homes, offices, and healthcare facilities...
Read MoreOn Thursday, the White House reached a preliminary agreement with a bipartisan group of senators on infrastructure investments.
Read MoreIs that a hawk? The Federal Reserve Open Market Committee (FOMC) met last week.
Read MoreLumber price surged this spring to record levels, spurring concerns about the Fed’s relative nonchalance towards inflation.
Read MoreIt’s transitory. It’s not transitory. It’s transitory. It’s not transitory. Media analysts were plucking the inflation daisy petals last week.
Read MoreBiogen’s treatment for Alzheimer’s disease was unexpectedly approved last week by the FDA. The ruling was a surprise given that the FDA’s advisory had voted ...
Read MorePulling the economy out of the shed. If you’ve ever stored tools or machinery in a shed or garage for an extended period of time, you know ...
Read MoreThe good news for electric vehicle manufacturers is that battery costs have been plummeting over time, and that the cost of electric vehicles may soon achieve parity with ...
Read MoreAlthough it’s pulled back from its peak, Tesla’s stock has still risen more than tenfold in the past two years.
Read MoreAre we at a tipping point? One side effect of the pandemic was a collapse in demand for oil, which led to “the largest revision to the value ...
Read MoreThe combination of dovish monetary policy and stimulative fiscal policy has given rise to inflation fears.
Read MoreHere’s the current 10-year breakeven inflation rate, which reflects market expectations of the average inflation rate over the next 10 years.
Read MoreUncle Inflation is here. Will he overstay his welcome? Ever since the financial crisis, central banks have pursued expansionary monetary policies to encourage reflation and avoid deflation.
Read MoreThe jobs report released last Friday contained unexpectedly bad news. Normally a gain of 266,000 jobs would be a strong month...
Read MoreLike a gender reveal gone wrong, last week’s employment report delivered an unexpected surprise.
Read MoreIt’s Spring and economic recovery is in the air. Last week, the Bureau of Economic Analysis reported the U.S.
Read MoreHere’s the current 10-year breakeven inflation rate, which reflects market expectations of the average inflation rate over the next 10 years.
Read MoreThe Markets It wasn’t just the price of pork chops. Last week, as investors weighed the news, strong corporate earnings were offset by higher grocery ...
Read More CommentsFirst Quarter 2021 Key Takeaways. The market marches on. On the heels of its post-recession resurgence last year, stocks have continued their remarkable runup.
Read MoreWhere are Treasury bonds going? The direction of bond yields is influenced by investors’ expectations for economic growth, among other factors.
Read MoreInvestors didn’t stumble over inflation last week. Why not? Inflation – rising prices of goods and services – can be measured in a variety of ways.
Read MoreThe Biden Administration is seeking to enact a $2 trillion infrastructure plan, which then raises the question of how to finance this government spending.
Read MoreThe market’s recovery over the past year can be attributed in part to expectations that COVID would be largely suppressed and that the economy could then regain ...
Read MoreZoom, zoom, zoom. Big economies tend to recover from recessions about as quickly as semi-trucks accelerate from stop lights.
Read MoreIn recent years the Fed’s communication style has become increasingly direct...
Read MoreLast week, unemployment claims were looking good and consumers were feeling good...
Read MoreLast week we discussed optimistic economic growth forecasts for 2021, highlighted by a Goldman Sachs projection of 8% growth...
Read MoreWhat are professional asset managers thinking? Bank of America recently published the results of its March global asset managers’ survey...
Read More3,2,1 Takeoff! We may still be cooped up far more than we want to be, but if Goldman Sachs is right, the economy is ready to take off. As ...
Read More CommentsInvestors had a lot to be enthusiastic about last week.
Read MoreThis weekend the Senate passed a $1.9 trillion COVID relief package. The House is expected to approve the bill later this week and send it on to President Biden ...
Read More CommentsStudents of financial markets may have noted a historically unusual event last week.
Read MoreAfter the yield curve flattened in 2020, with the US 10 year rate falling to under 0.6% and the 30 year rate briefly slipping to under 1%, we’ve started to see significant ...
Read MoreIt’s a contrarian’s dream come true. Contrarian investors like to buck the trend.
Read MoreThe Fed has long been known as a chief fighter of inflation, ever since Paul Volcker in the 1980s hiked interest rates sharply in an effort to bring ...
Read MoreWay back, when radio disk jockeys played 45-rpm vinyl singles, the A-side of a disk was the song the record company was promoting and the other side.
Read MoreThe stunning recovery of US and global markets has been generally excellent for portfolios, but leaves a challenge going forward...
Read MoreIt’s not a black diamond ski run yet, but the yield curve for U.S. Treasuries is steeper than it has been in a while.
Read MoreThe Gamestop short squeeze has prompted discussion of short selling, in which an investor who believes a stock is overvalued borrows shares of that stock...
Read MoreThey say people watching the same event often see different things.
Read MoreIf a group of Redditors dislike hedge funds, dislike the idea of shorting a gaming company that has sentimental value for many...
Read MoreFourth Quarter 2020 Key Takeaways. Once again, as abnormal as 2020 has been, as we still sit months away from widespread COVID vaccine implementation...
Read MoreThe Biden Administration has proposed an additional $1.9 trillion in spending on a COVID relief package, and unsurprisingly, many Republicans ...
Read MoreLast week, as COVID-19 vaccination efforts continued, there was speculation about stock market corrections and asset bubbles.
Read MoreInvestors were rocked by economic data showing the economy hit the brakes hard in December.
Read MoreBitcoin has been in the news quite a bit lately, both for its meteoric rise and its sharp selloffs.
Read MoreThe November 3rd election appeared to be a mixed bag for the Democratic Party.
Read MoreLast week was the cherry on top of a turbulent year for investors.
Read MoreU.S. stock markets remained calm as a fresh chapter opened in the coronavirus stimulus saga last week.
Read MoreWe were going to close out what’s been a very interesting 2020 by discussing 2021 capital market forecasts.
Read MoreCongress is at $900 billion, will they hear $1.4 trillion, $1.4 trillion, governments at $900 billion, who’ll go $1.4 trillion, $1.4 trillion…
Read MoreWe don’t expect to see much in the way of bipartisan legislation in the coming years, but perhaps Democrats and Republicans were imbued with the holiday spirit
Read MoreWhat’s Next for the Fed? The Federal Reserve meets on December 15th and 16th. With COVID-19 cases spiking and the economic recovery faltering, the ...
Read More CommentsThe Markets When it comes to beverages, frothy can be delicious. In what may be the least inspiring description of fizzy drinks ever written, a group ...
Read More CommentsJoe Biden is expected to nominate Janet Yellen for Treasury Secretary for his administration...
Read MoreMajor stock indices in the United States hit all-time highs on Friday, despite a lackluster employment report and a surge in COVID-19 cases...
Read MoreFor many of us, Thanksgiving in 2020 was a more subdued affair, as rising caseloads of COVID-19...
Read MoreLast week, vaccine optimism immunized investors against signs of economic weakness.
Read MoreThe last time the United States elected a new president during a crisis, in 2008, the recovery was a painful and protracted one.
Read MoreThe U.S. economy is like a semi-trailer truck. No one likes being stuck behind a semi at a stoplight because big trucks don’t go from zero ...
Read MoreNews broke a little over a week ago that preliminary results for Pfizer’s COVID-19 vaccine showed that the vaccine reduced symptomatic cases by 90%...
Read MoreVaccine can be a powerful word. It’s worth 14 points in Scrabble (42 on a triple word square) and, last week, it was worth a whole lot more ...
Read MoreAs with all elections, about half the country will be pleased (and half the country displeased) with the final outcome.
Read MoreIt’s said markets hate uncertainty, but that wasn’t the case last week. Despite tremendous uncertainty about the outcome of the United States election, major ...
Read MoreBy the end of the third quarter of 2020, the S&P 500 had completed a remarkable recovery and, after more than a 30% loss in March, closed up 5% YTD.
Read MoreLast week, financial markets and economic data told very different stories. Reviewing economic data is a bit like looking in a rear view mirror.
Read MoreThird Quarter 2020 Key Takeaways. As much as we are still mired in the COVID‐19 crisis, not to mention 2020 election mudslinging, markets have largely continued to shrug off the ...
Read MoreJohn M. Schneider, President of Pittsburgh-based JMS Capital Group, resigns from Board of Directors for California-based AEHR Test Systems.
Read MoreIt was a turbulent week for investors. Waves of positive and negative news buffeted financial markets last week.
Read MoreYes. No. Maybe? Markets were sharply focused on the status of stimulus last week. First, it was on. Then, it was off. Then, it might be on. Then, ...
Read MoreDespite all the turmoil in the world, led by COVID‐19, the US Presidential Election horserace has had a very consistent result for months: Joe Biden is clearly leading, ...
Read MoreApril 15, 2024
April 1, 2024
March 25, 2024
March 18, 2024
March 11, 2024
Advisory services offered through JMS Capital Group Wealth Services, LLC, a Registered Investment Advisor.
Business Continuity Plan • Privacy Policy • JMS Capital Group Wealth Services, LLC ADV Brochure • CRS Form
417 Thorn Street #300
Sewickley, PA 15143