As we discussed in a recent Story Time Thursday, conviction is an important part of successful investing. It’s not just having the right ideas that generates outsized returns. Sizing them in a portfolio so they can make a difference to...
Two items today: #1: Does the recent rally in US Tech stocks have staying power? Some return data to set the stage for this discussion: Year-to-date, both the S&P Tech sector (ETF symbol XLK) and the NASDAQ 100 (QQQ) have underperformed the...
We’re going to dedicate several days this week to various 2H 2021 outlook topics. Here are our first three: #1: Let’s start with the proverbial elephant in the room: how markets are thinking about trends in US inflation? This chart shows...
Excerpt from Bloomberg quoting DataTrek co-founder Nick Colas on crpytocurrencies and bitcoin: …“We need to see this market stabilize and, more important, cease to be a news story,” Nicholas Colas, co-founder of DataTrek Research, wrote in...
Two points to discuss with you today: #1: US used car prices look to have finally topped out. We rely on the Manheim Used Vehicle Value Index as a leading indicator here. Manheim specializes in dealer-to-dealer auctions of late model used cars...
Two items today: #1: The latest weekly data on US mutual/exchange traded fund money flows shows that retail investors can’t quite make up their minds about domestic stocks. The information here is courtesy of the Investment Company Institute...
