Here’s a response to all of the ‘Yeah, buts’ that followed my 2026 economic forecast
NY Post
A lot of my readers, it appears, can’t imagine my bullish 2026 forecast playing out, and “Yeah, but” has been a popular refrain. Yeah, but what about midterm mayhem? Yeah, but look at these bubblicious valuations! Yeah, but isn’t this bull market getting long in the tooth? Yeah, but how ‘bout that wimpy dollar?
It is all beautiful and bullish music to my ears – showing that, despite broadly building optimism, the stock market’s wall of worry remains intact. Let’s kick these “buts.”
Yeah, midterms may have usually driven gridlock, powering your “midterm miracle.” But Trump makes this time different.
Sir John Templeton famously said the four most dangerous words in investing are “This time is different.” People said 2022’s midterms were different. They weren’t.
The president’s party lost seats in the House of Representatives in 22 of 25 midterms since 1926, shedding a median 26 seats. In the Senate, it lost a median of four seats. President Trump must radically up his approval rating — now 36% versus the 59% long-term average for presidents at this point in their presidency — to achieve a gridlock-busting result (based on Gallup polls).
Yeah, you say AI hasn’t created a bubble. But what about frothy S&P 500 valuations?
Zero Bond – the exclusive New York City club beloved by the likes of Jay-Z, Gigi Hadid and former Mayor Eric Adams – is opening a Las Vegas outpost this week.
US stocks were little changed on Tuesday as oil prices dropped after President Trump signaled the war in Iran will be limited – though the drop slowed after the White House walked back a claim that an oil tanker had been escorted through an Iranian energy chokepoint.
After nearly 50 years in Orange County, Yamaha Motor Corp. USA is packing up its headquarters — trading Cypress, California for Kennesaw, Georgia in a sweeping corporate shift that will impact about 250 workers.The motorcycle and motorsports giant says the move is part of major “structural reforms” meant to boost profits as costs climb — including pressure from tariffs imposed during the administration of President Donald Trump and shifting market conditions.
Southern California’s luxury shopping landscape is shrinking as three high-end department store locations prepare to shut their doors.
Stocks went on a rollercoaster ride Monday — with the Dow finishing in positive territory on upbeat comments from President Trump after plunging nearly 900 points on simmering stagflation fears.
Private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people familiar with the matter.
John Tatum is one of the most plugged-in businessmen I know, and yet when the bombs started flying over his hotel room in downtown Doha — just a few minutes from the embattled US military facility in Qatar — he was stranded and helpless.
Morgan Stanley’s surprise round of layoffs this past week was the result of “shifting business and location priorities,” and “individual job performance” issues here and abroad, according to the firm’s flacks.
Saks Global said Friday it was closing 15 more stores as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more profitable, higher-end locations.
Bars and eateries are adapting to the Ozempic era by offering mini cocktails.
Six Flags Entertainment will sell off seven of its amusement parks in the United States and Canada to EPR Properties, the company announced Thursday.
A pair of baby-faced Goldman Sachs bankers could be fired over flashy photo shoots and interviews they gave for an “unauthorized” spread in a trendy New York magazine, The Post has learned.
