Spooked
As Halloween draws near, equity investors have been a bit spooked of late. In general, investors seem to be questioning the veracity of the AI story.
September
Being down less than 50 BPS, the market cap weighted S&P fared better in September than its historical norm. However, the equal weighted S&P was off
Corporate earnings are booming! Yet, the market is only trading at its 5-year average price-to-earnings multiple. This indicates the market is undervalued
When thinking of 100, what comes to mind? Perhaps a perfect score, ripe old age, stifling summer heat, the price of crude, the NASDAQ 100, or a flawless bottle
The stock market continued its bullish upward climb in June, making the first half of the year positive for all major equity indices. The magnitude of increase
Does driving 70 miles per hour, while singing a favorite song, sound overly aggressive to you? The answer likely depends on the context. What is the speed
“April hath put a spirit of youth in everything.” Shakespeare’s words ring as true today as they did when he first wrote them. April’s equity performance was
Have you been watching the March Madness? In about a week the NCAA basketball tournament is soon to draw to a close. Unfortunately, the markets have also
Today’s jobs report just made the Federal Reserve’s work much more difficult.
One reading does not make a trend. Nonetheless, today’s employment numbers are
News vs Noise
Anything that has the potential to impact corporate earnings is newsworthy from a market perspective. Everything else, although perhaps
Over the last few weeks, we’ve experienced some foggy conditions. Earlier this week when stepping outside for a pre-dawn run in the neighborhood it was
Happy Thanksgiving!
Tomorrow, families and friends gather together across our great land to give thanks for our many blessings. May this time be special and