by Clearview Wealth Solutions | Sep 4, 2019 | Recent Commentary
Is the growing “consensus” that’s calling for recession correct? Not in our view. The leading/coincident indicator ratio tends to plunge consistently for long periods of time in the lead-up to recessions, unlike the three instances of sideways movement we...
by Clearview Wealth Solutions | Aug 1, 2019 | Recent Commentary
To date, about one-half of companies in the S&P 500 have reported Q2 earnings. Seventy-seven percent of companies have reported a positive EPS surprise, a very strong showing. The overall earnings decline is expected to be 2.6% for the quarter. For CY 2019,...
by Clearview Wealth Solutions | Jul 12, 2019 | Recent Commentary
The current economic expansion is celebrating its 10th birthday this month — the longest on record. What accounts for its longevity? In our view, the lack of an economic boom. No boom, no bust. The next recession may be the most widely anticipated of all time. ...
by Clearview Wealth Solutions | Jun 5, 2019 | Recent Commentary
Investors are happy with year-to-date returns (the S&P 500 is up 12%), but the market is actually trading at the same level it was 16 months ago. We’ve had big up and down moves, but in the end, we have been trendless. We think valuations have a lot to do with...
by Clearview Wealth Solutions | May 8, 2019 | Recent Commentary
As we expected, many companies (about 67%) are beating the bottom line consensus estimates for Q1. The earnings bar was set low by both the companies and analysts coming into earnings season making the forecasts easier to beat. And the prior periods of weak guidance...
by Clearview Wealth Solutions | Mar 29, 2019 | Recent Commentary
What a difference a quarter can make. Last week Fed Chairman Powell all but admitted that he and the Fed were wrong raising the Fed funds rate in December and all but called off interest rate increases in 2019. They expect one increase in 2020. The initial market...
