Fed Chair Jerome Powell isn’t just kicking out climate protestors, he is one step closer to the moment where he could “close the f-king door” on one of America’s headiest financial problems. Soft landing in sight: The Consumer Price Index, America’s most popular inflation metric, grew just 3.2% YoY, bringing it closer to pre-pandemic levels…
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Fund Managers Say This is The Biggest Market Risk
No, it’s not a bank panic. It’s what comes after… Between Mar. 10-16, Bank of America asked 212 fund managers what they thought was the biggest market risk (BBG). The results: 31% say a credit crunch is the biggest market threat. 25% say inflation is the biggest threat. A credit crunch is a scenario where…
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Investors Are Anxious, and You Can’t Blame ‘Em
Can’t see what’s coming in the market? Join the sea of investors trying to get a peek beyond all the death traps and uncertainties. Since last Thursday, the S&P 500 is down only 0.2% — not much, considering three bank failures almost took down the US economy. But you can still sense the anxiety among…
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What Should Investors Expect in the Coming Months?
Want an in-depth forecast? And at the center of the storm is inflation — the problem that just won’t go away. ICYMI: The PCE price index — another measure of inflation — rose 5.4% in January from a year ago. Behind the numbers: The increase was higher than economist forecasts — showing that the fight…
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Three chief investment officers share their biggest fears
Investors are getting optimistic, and markets are pumping. But hope is a dangerous thing. Andor did what he had to do, so our portfolios could have a better future. So let’s not get complacent. Only the paranoid survive. Bloomberg asked three Chief Investment Officers who manage a combined $2T what they see as the next…
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How will the markets play out in 2023? Is cash still king?
Professional investors hate holding cash. After all, why keep your money in cash when the S&P 500 has returned ~9% annualized over the past 50 years? Unless you’re Heisenberg. Cash is historically one of the worst-performing asset classes. But cash was king in 2022. Cash was the second best-performing asset class behind commodities (i.e., energy,…
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Awful consumer sentiment signals better days ahead for the S&P 500
Biggest question on every investor’s mind: When will markets begin their recovery? But not all of us are made of pixels, so time’s a tickin’. Let’s turn to the University of Michigan Consumer Sentiment Survey — a measure of how consumers view the health of the economy. The higher the digit, the better. The…
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Have investors been nice or naughty this year?
Fed Chair Jerome Powell hasn’t decided whether we’ll get the famous Santa Claus rally just yet. Santa rally? December has historically been a strong month — averaging a 1.6% return since 1945. Per Barron’s, investors typically fund their retirement accounts in December. The S&P 500 delivered its second positive month in a row for the…
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Crypto check-in: Bitcoin is consolidating, and that’s a positive sign
Crypto has had a rough start to the year. It seemed like something was blowing up every other week. One week, Terra crashes and burns The next, Celsius goes bankrupt. And if you’re wondering… yes, Terra’s founder, Do Kwon, is still on the run from Interpol and South Korean authorities. Crypto’s been awfully quiet for…
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What should investors expect in the upcoming earnings season?
Earnings season is about to kick off with banks reporting next week. Should you be nervous going into earnings season? We won’t sugarcoat it. Yes, you should. The biggest thing to expect? Companies lowering earnings forecasts to reflect slowing growth and a potential recession. According to Amati Global Investors Fund Manager Anna Macdonald, “The hit…
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