The fog of war has finally descended on Wall Street. After a narrowly based snap-back, markets are poised to contract once again as the second sober thoughts of higher-for-longer oil prices dampen economic hopes and, by extension, risk appetite. The stalemate over the Strait of Hormuz is less a Black Swan event than a 'known unknown'. And investors have seen oil price spikes driven by geopolitical factors before. With Trump as its progenitor this time, I see it more like an O

Imagine going on a 9-week vacation to South America with the intent of avoiding anything to do with the U.S. While you were away, Trump started a pointless war, causing oil prices to double, interest rates to spike 50 basis points and investor confidence to collapse. But you see that the stock market is virtually unchanged from the day you left! Investors were put through the wringer. I'm just glad I was in an abandoned 600-year-old city and off the grid when all that was goi

As the U.S.stock market continues to blithely march ahead, seemingly unmoved by the continued societal devolution unfolding weekly on the streets of America, one has to wonder when or if it will ever matter to Wall Street what Main St is feeling. When I lived in the U.S. as a teenager, the Vietnam War was raging, and youth disaffection with the business community was palpable. Today's youth has a similar disdain for the establishment, as they see a disconnect between the elit