Excerpt from MarketWatch quoting DataTrek’s Nick Colas: …. “We have always been of the opinion that markets never believed President Trump’s corporate tax cuts would be permanent. Raising them to…
Category: IN THE NEWS
FT: "European equities on track to record second strong quarterly gain"
Excerpt from the Financial Times quoting DataTrek’s Nick Colas: …. “The banks subsector of the index has surged 19 per cent while its industrial goods and services businesses have notched…
Yahoo Finance: "A critical driver of bull markets has stalled"
Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas: …. “With US equity multiples as high as they are (21.6x forward 12-month earnings) you do not want to see Wall Street…
Bloomberg: "Morgan Stanley Strategists Call Time on Early Reopening Winners"
Excerpt from Bloomberg quoting DataTrek’s Nick Colas: …”Nothing is really “cheap” anymore, and while flows will continue to head into cyclical stocks, the latter “will have to prove that their…
Bloomberg: "Tesla, Apple Trigger Wall Street Dreams of $3 Trillion Valuation"
Excerpt from Bloomberg quoting DataTrek’s Nick Colas: …. “A $3 trillion market cap has to be a function of both the promise of a technology and some very tangible proof…
Bloomberg: "The Number of the Week Is 7"
Excerpt from Bloomberg quoting DataTrek Research: …. “For inflation to make the switch from transitory to structural, the economy needs to see a sustained boost in capacity utilization by companies, which would…