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Lost Decade Ahead For Stocks With Only 3% Annual Returns?
We've been asked to comment on yesterday's grim forecast by economists at Goldman Sachs that the…
Stock Market
The stock market is driven by two key variables: the earnings estimates of industry analysts and the valuation multiple that investors are will to pay for those expectations. These QuickTakes monitor the latest developments relevant to stock investors.
179 posts
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Break Out The Bubbly: Lots Of New Record Highs
The S&P 500 and Dow Jones Industrial Average closed at records today. Leading the charge were technology stocks.…
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The Oscar For The Best Leading Economic Indicator
There have been numerous misleading economic indicators signaling a recession since the Fed started tightening monetary policy in early 2022.…
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Market Call: Back To Higher For Longer?
Remember the "higher for longer" mantra about the outlook for the federal funds rate (FFR) during the spring?…
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In 10 Charts: History & Future of DJIA and S&P 500
(1) The Dow Jones Industrial Average is on course to hit 60,000 by the end of the decade.
(2)…
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Raising Odds Of A Meltup
We've focused on three scenarios since the start of the decade: a 1920s-style Roaring 2020s, a reprise of…
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Market Call: The Worst & The Best Of Times
A Tale of Two Cities by Charles Dickens famously begins, ''It was the best of times, it was…
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No News Is Good News
Dr. Ed was interviewed on Bloomberg Surveillance this morning at 7 a.m (see link below). Ace journalist Lisa Abramowitcz…
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Looking For Black Swans In September
September has just started, and it is already living up to its reputation of being the toughest month of the…
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Market Call: Did Powell Just Pour Gasoline On Stock Market's Fire?
Fed Chair Jerome Powell's speech at Jackson Hole on Friday was unambiguously dovish, as we observed in that…
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Market Call: More Churning?
We've been expecting the stock market to churn for a while. We didn't expect it would…
