The first week of a new year, and the markets continue to trend higher. We don’t know how long overbought conditions can last, but we know that should not be a priority consideration. Our #1 consideration is not to attempt to outthink the market. This will likely prove detrimental to our performance. When a severe…...
Wayne and Seth tackle the macro-market issues of the day as the New Year takes shape. Take some time to read the text from the weekly SOTM as our video did not capture the total embodiment of the video. Please click the following link to review the SOTM video. Have a great weekend investors! “Ask…...
Byron R. Wien, Vice Chairman together with Joe Zidle, Chief Investment Strategist in the Private Wealth Solutions group at Blackstone, today issued their list of the Ten Surprises of 2021. This is the 36th year Byron has given his views on a number of economic, financial market and political surprises for the coming year. Byron…
The Hazmat Recovery. In response to the worst pandemic in 50 years and a country at war with itself over lockdowns, individual freedoms and election results, the Fed and Congress airdropped an unprecedented amount of stimulus with vaccine airdrops to follow. That should be enough for markets to rise again in 2021 as pent-up activity…
Markets Are Discounting Machines.Financial markets look ahead and discount what humans often can’t see or even imagine. 2020 may go down as one of the best examples on record of such vision. The “risk/reward” of investing is always greatest when fear is highest because valuation is cheapest.2020 was textbook in that regard with March offering…...
Welcome to another trading week!! In appreciation of all of our Basic Membership level participants and daily readers of finomgroup.com content, we offer the following excerpts from our Weekly Research Report. Our weekly Report is extremely detailed and has proven to help guide investors and traders during all types of market conditions with thoughtful insights and analysis, graphs,…
We’re back, and we hope that everyone is prepared for another adventurous year in the markets. As we enter 2021, we shouldn’t forget the lessons of the past. With this in mind, we encourage Finom Group members to review, when time permits and as a refresher, more recent Research Reports as they can provide useful…...
Goldman’s chief economist Jan Hatzius takes a look at what 2020 has taught him about the economy and the practice of economic forecasting, and writes that “at this early stage, we see four lessons with potentially more general implications. Hatzius nostalgic moments were also covered in the more recent Odd Lots broadcast from Bloomberg here…
Please click the following link to be directed to our latest YouTube video where we discuss our concluding thoughts on the 2020 bull market. In order for drawdowns to not become realized losses, sometimes we also have to elongate our time frame. The longer our time frame, the more likely we enable realized profits and…...
By St. Louis Federal Reserve Bank and David Andolfatto In the second quarter of 2008, U.S. federal debt held by the public totaled about $5.3 trillion, or 35% of gross domestic product (GDP). This figure grew to $20.5 trillion—or 105% of GDP—by the second quarter of 2020. To put it another way, the national debt…
