Stocks are far from cheap. Based on Buffett’s preferred valuation model and historical data, as depicted in the scatter graph below, return expectations for the next ten years are as likely to be negative as they were for the ten years following the late ’90s.
As we write this piece, we are currently experiencing an environment where the stock market has become disconnected from the broader economy. Looking back to March, the S&P 500’s 35%+ decline was more rapid and deeper than anything investors have experienced in their lifetimes.
As we write this piece, we are currently experiencing an environment where the stock market has become disconnected from the broader economy. Looking back to March, the S&P 500’s 35%+ decline was more rapid and deeper than anything investors have experienced in their lifetimes.
A lot happened over the past week with the U.S. presidential election and the announcement of a potential COVID-19 vaccine. These occurrences can have similar, contrary, immediate, or lingering effects on different industries to different degrees.
This post will analyze and compare some pharmaceutical companies developing a vaccine for Covid-19 from an economic perspective using the Eta® statistics on the MacroRisk Analytics® platform.
This post will analyze and compare some pharmaceutical companies developing a vaccine for Covid-19 from an economic perspective using the Eta® statistics on the MacroRisk Analytics® platform.
We talk much about the bailouts and stimulus programs related to the economic shutdown and pandemic. However, the bailouts began back in 2008 when the Federal Reserve intervened with the insolvency of Bear Stearns.
One of the most recent mantras in the financial media is that housing prices rise because there is an inventory shortage. While it is an excellent headline for “getting clicks,” the are 3-reasons why there really is NO housing shortage.
The discretionary sector struggled as did all growth and quality-oriented areas of the market in 2022. That was a classic re-set and a raging opportunity to add exposure.
The Institute for Supply Management’s monthly survey of purchasing managers came in below expectations for August, while the Bureau of Labor Statistics jobs report indicated that nonfarm payrolls expanded by only 142,000 jobs during the month (against expectations of 161,000 jobs).
Catalyst Funds
Rational Funds
Strategy Shares