Unpacking The Factors Fueling SPX’s Recent Surge
Image courtesy of 123rf.com Over the last five days, the S&P 500 index gained 4.7%, reaching a new peak of 5,995 on Friday. This brought the SPX’s performance to 26.42% year-to-date. The outcome of the US presidential elections clearly made investors happy, as the threat of unrealized capital gains tax is off the table. Moreover, federal tax […]
Election Week 2024 Recap
The S&P 500 came into this week having its best Election Year through October since 1936, and the gains have only continued with SPY currently up another 4.7% week-to-date. Below is a helpful look at the performance of various asset classes this week using our “Key ETF Matrix,” which also includes year-to-date and bull market […]
Buy When The Cannons Thunder And Sell When The Angels Sing…
The US elections are over and with the ‘Red Sweep’ there is probably no need for much discussion about the winner. It is the best possible result: whenever the Republicans controlled not only the president but also Congress, Wall Street performed best. This has been the case since the First World War over 100 years […]
Great Expectations Are Priced For Disappointment
The fourth year of a presidential cycle is all about promising. The first year of a presidential cycle is about trying to deliver on all the promises.At the start of President Trump’s last term in 2017, the U.S. government deficit to GDP was 3% versus 6% today. The federal debt as a percentage of GDP […]
How The Fed Helped Doom The Democrats
This is not a formal post about Tuesday’s election. But with the benefit of “revealed preference” a/k/a 20/20 hindsight, it’s pretty clear that the Fed rate hikes were an important part of why Kamala Harris and the Democrats failed.Because we may or may not be experiencing a “soft landing” in the economy, but it came […]
Weekly Recap & DARP Update – Friday, Nov. 8
Image Source: Pexels Bond market unmoved by Trump win and Fed cut.Video Length: 00:06:32More By This Author:Kennedy Impacting Pharma Stocks Market Election Reaction Politics Driving Consumer Sentiment
4 Key Watchpoints For Investors In A Second Trump Presidency
Video Length: 00:06:01 On the latest edition of Market Week in Review, Chief Investment Strategist for North America, Paul Eitelman, discussed key watchpoints for investors in the wake of the U.S. elections. He also explained how the election results are impacting markets, and finished with an update on the latest monetary policy decisions from the […]
Cloud Stocks: Microsoft’s AI To Hit $10B ARR
Photo Credit: Tawanda Razika from Pixabay Last week, Microsoft (Nasdaq: MSFT) announced its first quarter results that surpassed market expectations. However, its stock dipped following a weak outlook. Microsoft’s Financials Microsoft’s first quarter revenues grew 16% to $65.6 billion, beating analyst estimates of $64.5 billion. EPS was $3.3, exceeding analyst estimate of $3.10.Microsoft’s Intelligent Cloud segment revenues grew […]
“The Recession Of 2025 Will Be Backdated” To 2022
Thet’s Jeffrey Tucker in the Epoch Times via ZeroHedge. It’s a reasonable supposition that a recession will become obvious to all by next summer. It will then be declared by year’s end. The following year it could become backdated with data revisions that take us to 2022. At that point, it will become obvious to people that […]
Grains Report – Friday, Nov. 8
WHEAT General Comments: The markets were a little lower again yesterday on poor weekly export sales. Reports of very beneficial rains for the Great Plains and Midwest and reports of weaker offers in Russia were also negative for prices. The rains are falling and will allow Wheat farmers in the US to plant the Winter […]
