Phil, Mike, and Larry discuss whether the Federal Reserve is done raising interest rates in light of the fact that we recently had a positive jobs report and two reports showing inflation is still strong, which bolster the case for another rate hike. They then talk about how defense stocks jumped 5% last week in the wake of the Hamas attack on Israel and whether they are going to keep rising.

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As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss Hamas’ surprise attack on Israel over the weekend, Israel’s declaration that this is a war that won’t be over quickly, and what affect this will have on the U.S. markets. They then talk about the contraction in the M2 money supply, which is the Federal Reserve’s estimate of all the cash and savings vehicles that can be quickly turned into cash, and what this decline means for the economy.

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As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss fact that the yields on U.S. Treasury bonds are still rising, pushing the 10-year bond up to 4.6%, and question how much higher the yields on these bonds are going to rise. They then talk about how the Federal Reserve’s favorite inflation measurement, the Core Consumer Price Index (CPI), rose just 0.1% in August, and whether this means the Fed will not raise interest rates at its next meeting in November.

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As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss what will happen to the markets and the economy if the House of Representatives actually causes a government shutdown in five days. Then with the stock market headed to its worst monthly decline, they address what will happen if the Federal Reserve keeps interest rates higher longer than the market expects and how investors should deal with it.

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As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss the United Auto Workers unprecedented move to strike against all three of the legacy Detroit carmakers simultaneously, and how this will affect the economy and the markets. They then talk about the antitrust trial the US Department of Justice brought against Google last week and what this will do to the tech sector and the market in general?

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As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss how high oil prices will rise after oil hit a nine-month high last week on fears about tight supplies as Saudi Arabia and Russia extended their oil production cuts until year end. They then talk about hedge fund investor Dan Niles citing three reasons why he’s betting against Apple, the maker of the iPhone and making it his largest single-stock short position. Niles cited three reasons for his bearishness, but his biggest worry is China’s iPhone ban.

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As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss last week’s economic reports and what they mean for inflation, the possibility of a recession and the Federal Reserve’s view on interest rates. This causes them to ask, can the stock market rally if interest rates stay at this high level for some time? They then talk about the Fed’s demands that regional banks shore up their liquidity, and if the banks can’t meet the requirements will this hurt the economy?

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As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss the problems in China’s economy — dismal consumer spending, a shaky property market, falling exports, record youth unemployment, increasing local government debt, and a real estate sector that’s unraveling — and how they will affect the U.S. economy and markets. They then talk stock buybacks; how many billions of dollars are flowing back into the stock market because of these buybacks and is this a distortion investors can take advantage of?

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As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss the implications to the economy as U.S. mortgage rates hit the highest level in 20 years, which combined with a housing inventory shortage has pushed housing affordability to its worst point since 1984. They then talk about how the stock market has fallen 5% since the end of July, if this drop will hit the low last seen in October, and how long will the recovery take?

Submit your questions to [email protected]

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Phil, Mike, and Larry discuss the Schwab and TD Ameritrade merger and what it means for investors using their platforms, specifically, will there be additional charges? They then talk about U.S. credit-card balances surpassing $1 trillion last quarter for the first time and what the implications are for the markets and the broader economy.

Submit your questions to [email protected]

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.