Bank of America: To 6,000… And Beyond
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Chaos, Mayhem = Opportunity
Good weekend to all ‼️ This weekend is our off-reporting weekend but we continue to deliver market insights, analysis, and 3rd-party Research to support your investing and educational needs! So let’s get right to it with our first chart, and we’ll try to accompany this publication with a video this week as well (click here…...
A disinflationary U.S. economy headed for disinflationary rate cuts? (by Jim Paulsen)
After last week’s inflation and jobs reports, the debate rages on about what the Fed will do with interest rates. By week’s end, several economic reports suggesting healthy economic growth, widespread media fear mongering and a cadre of Fed speak, fanned overheating anxieties causing the 10-year Treasury yield to rise by about 15 basis points.…...
Fundstrat: March CPI Preview
Last week was “stress test” of sorts for equity markets. The combination of “hot” ISM, coupled with Fed members (Kashkari) speaking of no cuts (even hikes) in 2024 and the very “hot” jobs report, swayed many pundits to turn cautious. Stocks fell -1% last week and the S&P 500 briefly fell below the 50 DMA…...
Macro-Market Mashup
It was a strange week in the markets. Bears and Bulls made little progress, but bears are seemingly more and more anxious about the state of the market. I’ve seen a lot of different types of bull and bear markets in my 24 years, but this bull market is producing a great deal of nonsensical…...
A Lurking Recession Needs Vulnerabilities
Are private sector balance sheets, income & profits, liquidity, and pessimism simply too strong to have a recession? By Jim Paulsen Recession risk is weighed in several ways. Are the resources available to the economy – land, labor, and capital — becoming scarce? Are pent-up demands nearing saturation? How many years old is the recovery? …...
The Momentum Continued Through Q1 2024…
As we construct this weekend’s macro-market Research Report, the February Personal Income & Expenditures (PCE) data has been released. No real surprises in the data, although the M/M headline PCE was slightly softer than economists forecast at .2% vs .3% estimates, for February 2024. I would be of the opinion markets already knew, and even…...
The Unemployment Rate and Stock Market
As a reminder, this is Finom Group’s off-reporting weekend, however we continue to disseminate relevant and trusted 3rd-party research by the former chief equity strategist of The Leuthold Group, Jim Paulsen. We’ll see you back here next weekend with our proprietary research report and revised S&P 500 price target for the forward 12-month period. Currently,…...
History Doesn’t Always Repeat, But It Often Rhymes
If there is 1-thing I’ve learned from the markets over my 24 years, it’s that down is going to happen; accept it for value opportunity. Don’t try to stop it! Down is good; down is buy low. When viewed any other way, the resulting outcome is usually “down and out”. To watch this week’s video…...
Where Are We In The Artificial Intelligence Cycle & More
While the Nvidia hype would make you believe the company owns and drives the entire AI narrative, investors would do well to realize how early we are in the AI monetization cycle. By The Mann Institute: As the most-hyped company in the world, Nvidia, hosts its conference on the future of AI this week, which…...
