Market Refuses to Believe the FedThe S&P 500 is optimistic on three things (a) avoiding a recession; (b) rapidly falling inflation; and (c) two rate cuts before the end of the year. And the market could be right. However, I think it's optimistic. What's more, they are choosing to fight the Fed.
The Most Important Thing We’re Yet to SeeStocks are rallying as bond yields and the dollar index are pulling back. But I would temper any enthusiasm - this remains a very bearish market. Why earnings expectations need to come down.
Do Upside Gains Easily Outweigh the Downside Risks?With the S&P 500 some 14% off its lows - trading just below 4200 - at 17.5x fwd PE - what's the potential upside reward? And do those potential gains outweigh the downside risks?
Why These Companies are my ‘Core’ Top 4 HoldingsIf you don't own each of Apple, Microsoft, Google or Amazon - you should consider it. These are four of the highest quality companies listed globally for good reason... the only question to ask is what premium you should pay... and not whether you should own them.
Negative Impact of Labor Costs on EarningsThere are three things I want to see before I utter the words "the bottom is in". One of those three are Q3 earnings revisions... they are coming and this is one big reason why...
