Is This The End Of Free Markets?
The Fed stated it would be buying some corporate junk bonds. Before this announcement markets weren’t 100% free and certainly not after. Details…
Read MoreApr 10, 2020
The Fed stated it would be buying some corporate junk bonds. Before this announcement markets weren’t 100% free and certainly not after. Details…
Read MoreApr 9, 2020
S&P 500 EPS estimates have only fallen by half the amount while consumers see a recession just a few months after being the most optimistic in decades.
Read MoreApr 8, 2020
Small business confidence fell the most ever, with further room to fall in April. Dividends are expected to be cut and may not recover until 2024 or 2028.
Read MoreApr 7, 2020
This earnings season will be the least useful in years. If you wait for the economic data to be strong, you will miss most of the recovery in markets.
Read MoreApr 6, 2020
There will always be cruises and airlines, but shareholders might not benefit from the recovery. Know the balance sheets and income statements.
Read MoreApr 3, 2020
If the unemployment rate increases same as claims by 172%, it’ll be at 9.5%. The peak last recession was 10% and since Great Depression, 10.8% in 1982.
Read MoreApr 2, 2020
Stocks aren’t trading off economic data; they are trading off the number of COVID-19 cases, the shutdowns, fiscal policy, monetary policy, and sentiment.
Read MoreApr 1, 2020
Labor market is in the worst shape since the Great Depression. Odds of there being 1 million cases by April 15th in the US have fallen to 40% (74% on 3/28).
Read MoreMar 31, 2020
Here are potential pathway stocks and the economy could follow. Expectations are quite low even though the bottom’s up estimates are still way too high.
Read MoreMar 30, 2020
30% of the labor force will be gone if America follows the Hubei scenario. To be clear, that’s an unlikely worst case scenario.
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