Interesting Times
As they say, “May you live in interesting times”. Russian forces invading Ukraine, oil prices skyrocketing, and market gyrations through the first 5-months of the year have created plenty of uncertainty. Let me provide some perspective as to why the markets have moved, where we are today, and a few thoughts for optimism at this point.
Unprecedented
This month I share a blog from a group of economists that I routinely follow at First Trust Advisors L.P.
At least a couple of major retailer stocks got clobbered
last week as investors sold on reports that they missed
earnings estimates.
What’s surprising to us is...
Recession Unlikely in 2022
This month I share a blog from a group of economists that I routinely follow at First Trust Advisors L.P.
The consensus among economists puts the odds of a
recession starting sometime in the next year at 30%, according to Bloomberg’s most recent survey. No wonder the S&P 500 is deep in correction territory and flirting with an official bear market. We think...
This Time It's Different?
During the recession of 1954, Sir John Templeton wrote a letter to clients where he stated that the four most dangerous words in investing are “this time it’s different.” At stock market tops and bottoms, investors invariably...