The stock market is revising its valuation up due to more confidence the Federal Reserve is about done raising interest rates, which some investors believe will prevent the economy from entering a recession. This gives the market confidence that the earnings will not be as bad as expected, up slightly in 2023 and up more in 2024.
Read BlogWhen a new year begins we look for what the new leadership will be. Thus far, the trend looks to favor small caps, international, and Bitcoin.
Read BlogThe year over year CPI is expected to be up 6.1% with the month to month being flat and Core CPI up 0.3% month to month.
Read BlogLast year is easy to explain, very high inflation, driven by money printing in 2020, 2021, and the first three months of 2022,...
Read BlogThe bull case for the market had been expecting the Federal Reserve to stop raising interest rates before the economy enters a recession
Read BlogThe S&P 500 Index is off -17.5% year- to-date, the Nasdaq -29.7%, growth stocks have been hammered down -26.1%, oil stocks up
Read BlogIn October, we thought the S&P 500 could rally to around 3900, it surpassed that level to 4080, which is a valuation of about 18.4x 2022 earnings.
Read BlogThe market seems to be leaning back to the dovish side with a .50% rate increase in December to 4.5% for the Federal Funds rate
Read BlogWe wrote our White Paper on Inflation and Investing, Absolutely! Money Matters, about a year ago (please see our website under strategies)
Read BlogA long-term positive. Our view is DeSantis was the big winner. It “appears” that the Democrats will officially control the Senate and the Republicans
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