by adrian tout | Jan 10, 2025 | Fed Reserve, Interest Rates / Bonds, S&P500
Words: 1,655 Time: 7 Minutes How about no rate cuts for 2025? 256,000 jobs added is misleading S&P 500 has lost all momentum… A few months ago Jay Powell claimed victory. Last September he said words to the effect of “the time has come to start easing...
by adrian tout | Jan 7, 2025 | Howard Marks, Interest Rates / Bonds, Investing Lessons
Words: 2,735 Time: 11 Minutes Valuation concerns: experts see a forward PE of 25x for 2025 Marks’ warns on risk – draws parallels to previous bubbles Conservative strategy – avoid the “lottery mentality” with investing The other week, I...
by adrian tout | Jan 4, 2025 | Currencies, S&P500, US 10-Year Yield
Words: 1,296 Time: 7 Minutes Santa delivers a fat lump of coal S&P 500 has lost all momentum Are markets expecting further USD strength? The trading year for 2025 is under way… Markets have worked their way through the so-called Santa Clause Rally. For those...
by adrian tout | Dec 31, 2024 | Apple, Asset Allocation, Finding Value, Investing Lessons, Magnificent Seven, S&P500, Valuations
Words: 4,967 Time: 20 Minutes S&P finishes 2024 with a 23% gain 2025 will be more about stock selection (vs the Index and Mag7) Criteria which qualifies as a high quality investment “The best business to own is one that over an extended period can employ...
by adrian tout | Dec 27, 2024 | Discounted Cash Flow, Magnificent Seven, NVDA, S&P500, Valuations
Words: 5,616 Time: 30 Minutes Only 7 stocks delivered 54% of S&P 500 gains in 2024; Why we could see rotation out of tech next year; Applying a DCF to NVDA to determine its intrinsic value 2024 will go down as another great year for stocks in the trader’s...
