Google and Apple just picked a better decade

A majority of older Americans plan to work during their retirement years.

Stock markets are not particularly adept at pricing in geopolitical risks as compared to their commodity and fixed income counterparts. At some point, if the situation in the Gulf fails to improve, we will all need to reckon with its effects upon stock valuations.

The cooler-than-expected CPI report initially pushed equities higher after the news, but once implied volatility reset, the rally fizzled, and choppy price action took over.

When you take seven assets from various parts of the market, and six of them say one thing while one says something different, you wonder what that one asset knows that the others don’t.