Photo Finish

Photo Finish There are a few stock market sayings that drive me crazy. One is ‘The stock market likes certainty’. I always ask, who doesn’t? Wouldn’t you like to know exactly what is going to happen? I sure would. Has that ever happened? Of course not! The market may like certainty, but certainty never exists. […]
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Schwab Network Interview | The Biggest Concerns in Today’s Markets

Schwab Network Interview | The Biggest Concerns in Today’s Markets Listen in on my interview with Oliver Renick on Schwab Network to voice my number 1 concern. I recently shared my thoughts on one of the biggest concerns in today’s markets: rising rates on the long end of the curve. The implications for the economy, […]
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Bullish Post-Election; But Obstacles Remain

Bullish Post-Election; But Obstacles Remain We’ve held a positive outlook on the equity markets leading into the election, and recent developments have only strengthened our conviction. Here’s why we’re optimistic about continued growth in the U.S. Equity market: Strong Earnings Outlook: Corporate earnings for 2024 are solid, and forecasts for the remainder of this year […]
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The Verdict

The Verdict Last week we mentioned the Wall Street adage ‘buy the rumor, sell the news’ and wondered how markets would react to the first rate cut. The answer still isn’t clear. On Wednesday, the market swung wildly right after the 50 bps rate cut was announced. That is typical right after a Fed announcement, […]
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Going Down

Going Down Next week is the big Fed rate cut decision, so this was the last week of data to influence that decision. In our view, the data this week was not bad enough to call for a 50 basis point cut (bps are basis points and a basis point is 1/100 of a percent) […]
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