Equity investors do not have a lot to like, but that is always the case closer to market bottoms than tops. That doesn’t mean we have to rally in 2023, but just because positives are limited doesn’t mean we have to keep going lower either. The end of a bear market...
The stock market has been strong since early October. The S&P 500 rallied 6.5% in October and is up 2.5% so far in November (through November 28th). Although this is likely a bear market rally, something has changed in investors’ minds. In the short term,...
After the market and sentiment hit a low on September 30, stocks had a fabulous October. The Dow surged 14.0% in October with the S&P 500 up 8.0%. NASDAQ trailed but was up 3.9%. It was the best month for the Dow since January 1976. The most impressive part of...
Here is our annual Q and A of questions most asked by clients: Q When will the bear market in stocks end? A It will be hard to know precisely when the bear market ends. Unfortunately, they don’t ring a bell when the coast is clear. A...
In the second quarter, the decline in residential investment subtracted 0.7% from real GDP growth. The third quarter has started on a sour note: July housing starts dropped nearly 20% from their cyclical peak in April. Home builder sentiment for August plunged to its...
More often than not, when the analysts expectations bar is set low for earnings season (like now), the S&P 500 rallies. Conversely, when the bar is set high heading into earnings season, the markets performance has been uneven. Coming into this earnings season,...
