— When you see the carnage in growth/tech/inovation it is easy to jump to wrong conclusions – DON’T! — The ARKK fund becomes the poster child for the unwinding of the bifurcated market — The negatives that face the market … the economy, Covid Omicron, the Fed, Inflation, Russia and China … Are they insurmountable? — Growth vs. Value. The…
Tag: Covid Omicron
Is that gorilla in the room an 800 pounder or 80 pounds?
— The gorilla, of course, is Fed policy and rising interest rates. — For certain segments of the market (Big Tech/The Innovators in particular) it rightly looms large. — For the rest of the market Wednesdays action was an exercise in ‘sawing sawdust’, reacting in a predictable way to old news. — The market sends a clear…
The Omicron Muddle: Opinion Versus Fact
— The market is being pummeled by a barrage of opinion on the Omicron variant of Covid 19. — There is a great divergence of opinion: the Moderna view vs. the Oxford view. — The facts that are available would seem to indicate that the market may be over-reacting on the downside. A barrage of divergent opinion on Covid…