Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup At 10:00 this morning, Kevin Warsh delivers his first Jackson Hole keynote as Fed Chair. Since taking the job in May he has been criticized
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Friday, the American consumer finally flinched. July retail sales fell 0.6%, the first decline in nine months, and a wide miss against expectations of a
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. Note: I apologize for missing the last two editions of Base Camp, my kids have been sick, unfortunately in sequence, and I didn't have time to
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup The war premium is coming out of oil. President Trump called off a planned strike on Iran over the weekend and pointed instead toward talks on
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Big Tech delivered. After a bruising stretch for chip stocks, Amazon's blowout earnings, on the heels of Microsoft's historic 15% surge, have
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup The fragile calm didn't survive the weekend. U.S. and Iranian forces traded strikes after an attack on a container ship in the Strait
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Markets reopen this morning after the long Independence Day weekend, and they come back to a simple question: does last week's tone hold? Stocks
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup It has been a rough week for technology and a quietly good one for almost everything else. As we close the books on the week, the
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Two forces are pulling against each other this morning. A sharp, global selloff in technology and chip stocks has dominated the last two sessions — but it&