— August CPI, due 9/13/23 becomes another focal point / the inflection point du jour. — A look back on US rate structure gives perspective (higher for longer?) — Still very constructive on the market with caveats on sector and valuation For the market every day is Groundhog Day Wouldn’t you like to wake up…
Tag: Russell 2000
Growth and Innovation: The Bloom Is off The Rose
— 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…
Interest rates are going thru the ceiling!–the next “BIG THING” to worry about
Humankind is a species that feeds on negative news aided by the media that knows how to feed that need The market appears willing to ignore really bad news on the virus front … an obsession on the way out The next big thing may be rising interest rates which will go hand in hand…
“What were you thinking?”
As it pertains to the current market, I’m not certain what is going on in the heads of many investors as they continue to direct a fire hose full of dollars into a very narrow group of tech and internet stocks. For example the current market capitalization (7/13/2020) of Apple (AAPL — $1.663 trillion) plus…
Farewell “Summers’s Last Hurrah, “Welcome the Winter of Our Discontent”
What happened to fall? … Climate change, of course! With all due respect to William Shakespeare and John Steinbeck, the inspirations for my title, reading the national news along with Barron’s, and the front page of the Wall Street Journal, one would get the opinion we are about to slip into a cold winter market…
Session 127–The ‘Death Cross’
What is the ‘death cross” and why should we care? I’m not quite sure, but the media is fascinated by them … in particular the ‘death cross’ just completed on the Russell 2000, small cap index. A death cross is technical/stock-charting parlance for the point where an index (or stock price) sees its 50-day moving…