“Markets don’t ask why you own a position or how much work you’ve done when they decide if you’re going to make money on it.” That’s something I first heard at the old SAC Capital many years ago and I have never forgotten it. Its...
Excerpt from MarketWatch quoting DataTrek’s Nick Colas: …. “The reason is tepid earnings results throughout 2019, according to analysts at DataTrek in a Monday note. “2019’s no-growth earnings will make for easy [comparables]...
Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “Third-quarter earnings are slated to see a 2.4% drop from last year’s third quarter, according to DataTrek Research. The first and second quarter saw 0.4% declines in earnings...
Excerpt from the Wall Street Journal quoting DataTrek’s Nick Colas: …. ” One simple explanation: No asset manager wants to deliver subpar returns. Energy stocks have been a losing bet this year. But research from the Federal...
When it comes to determining the health of the US consumer economy, there are really just 2 key issues. The first is the “ability to spend” (employment levels and wage growth). The second is “desire to spend” (consumer confidence). We...
