The consumer goods category has largely been the driver of U.S. GDP over the last year, from a consumption perspective. Many of the best brands that dominate these industries have shown incredible resilience during difficult times and their stocks have performed very well. At this point, though, the wild tailwinds are likely now turning to headwinds from a year-over-year comparisons perspective and from a valuation perspective.
The consumer goods category has largely been the driver of U.S. GDP over the last year, from a consumption perspective. Many of the best brands that dominate these industries have shown incredible resilience during difficult times and their stocks have performed very well. At this point, though, the wild tailwinds are likely now turning to headwinds from a year-over-year comparisons perspective and from a valuation perspective.
As the third quarter slowly winds down, economic data announcements remain front page stories as the economy recalibrates amid the Delta variant. Even though labor markets and supply chains remain challenged with a less linear recovery and supply bottlenecks, the consumer price index (CPI), an inflation gauge, slowed its’ growth with the smallest gain in seven months as consumer prices increased only 0.3% (0.1% less than consensus).
Stretched valuations in many stock and bond markets are challenging investors to look farther afield to meet investor return targets. Many investors find themselves recommending portfolios that are uncomfortably far out along the risk curve, stretching for higher yields and increasing pro-cyclical asset exposure.
Nickel and the various compounds derived from it are essential to modern manufacturing practices. Among nickel’s extensive virtues are its high melting point, its natural resistance to corruption, and the ease with which it can be combined with other elements to perform alloys.
Nickel and the various compounds derived from it are essential to modern manufacturing practices. Among nickel’s extensive virtues are its high melting point, its natural resistance to corruption, and the ease with which it can be combined with other elements to perform alloys.
As we approach the end of the summer, Covid-19 health risks remain prevalent. The new delta variant continues to shed uncertainty around a robust economic recovery. Amid the new variant’s increasing infection rates (even in vaccinated individuals), the Federal Reserve announced that the in-person plans for the Jackson Hole symposium would be replaced with a virtual event on August 27, 2021.
There are several powerful mega-trends happening around the world. One of these trends is happening in the financial services industry and is still a game in the early innings.
Will Mag 7 stock Nvidia beat estimates? David Miller, Co-Founder and Chief Investment Officer of Catalyst Funds, Rational Funds, and Strategy Shares, provided his insights to CNBC on Nov. 19 on why he believes the company will come out ahead this week despite potentially challenging headlines.
In October, Goldman Sachs strategists cautioned investors to be prepared for stock market returns during the next decade that are toward the lower end of their typical performance distribution.
Catalyst Funds
Rational Funds
Strategy Shares