% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10-day moving average backed off a little, while the percentage above the 50-day moving average gained just over…
Read MoreNot willing to pick a fight
Famed fund manager Marty Zweig used to always say “don’t fight the Fed” and “don’t fight the tape.”
Read MoreAugust Macro Slide Deck
The two most frequent questions we get are (1) "Is the economy in recession?" and (2) "Has the market made the low?"
Read MoreVideo – Summary thoughts of data and game plan
In this short video we talk about the economic backdrop and how the data is consistent with our expectations and game plan highlighted in The Fantastic Four suggest staying…
Read MoreVideo – Taking it one step at a time
In this short video we highlight how our strategy that included the summer rally is one step at a time, and how the yield curve and potential recession plays…
Read MoreThe fantastic four suggest staying out of the classroom
The negative second consecutive quarter real GDP report created a heated debate about the definition of recession, and while many refer to the textbook for the definition, we would…
Read MoreStaying with the game plan
The acknowledgement of the economic slowdown and less hawkish tone from Fed Chair Jerome Powell helped rally the S&P 500 (SPX) by 2.6%.
Read MoreVideo – That’s a rap for the week
In this short video we highlight what to expect next from the economy and markets as we transition from the summer rally…
Read MoreVideo – The fantastic four
In this short video, we discuss our four favored recession indicators across multiple asset classes, and what it suggests for economic activity as we head into 2023 …
Read MoreDiscounting a recession? Indicators say not yet
The release of the most recent Bank of America Fund Survey showed the most pessimism among fund managers since the pandemic in May 2020, Great Financial Crisis in October…
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