Stock Market’s Demise has been Called by Pundits
The demise of the stock market has been called by pundits for almost a year with different reasons cited; an earnings recession, a real recession, expectations of declining margins, Chinese yuan depreciation, rising Donald Trump polls, Brexit, Trump’s win, valuation metrics, upcoming European elections, […]
The economy has shifted from falling off a cliff to merely sliding downhill
The economy has shifted from falling off a cliff to merely sliding downhill. Business confidence measures have bottomed across the developed world after free-falling late last year. Over the next few weeks, stocks and bonds will continue to price higher from their oversold levels, but sustained upside will require a meaningful economic recovery. Aggressive fiscal […]