Two items for “Data” today: #1: Q3 US GDP was better than the Atlanta Fed’s GDPNow model (+2.0 pct actual, 0.2 pct expected), which is a relief; we were curious, however, as to how M2 Money Velocity looked in the most recent quarter. As you...
This Sunday President Biden along with other world leaders, business executives and activists will head to the U.N. Climate Change Conference – COP26 – in Glasgow, Scotland. Clean energy will garner lots of attention from this event over...
Two “Disruption” topics today: #1: How does Tesla’s +$1 trillion valuation affect commonly used measures of US large cap equity valuation and other commonly used market metrics? Three points on this: First, Tesla’s rally is making the...
With October rapidly drawing to a close, today we have an update on our seasonal US equity return and volatility analyses to see what they signal for the S&P 500’s performance in November and December. In our last review at the end of...
Three “Data” items today: #1: An update on the “most important chart for US equity investors”: Wall Street analysts’ earnings estimates for the S&P 500 in 2021 (bottom line) and 2022 (top line). After 2 months of relative stagnancy,...
Excerpt from Barron’s quoting DataTrek Research: …. “Exciting indeed. Kirkhorn’s observation led DataTrek Research to wonder about that EV-Tesla portion of the comment. DataTrek found that people do want Teslas—more than other...
