The markets did not like the hawkish fedspeak last week. Bond yield ripped higher and are about to break key yield support in the 10-year. The market narrative is debating the 2017-2018 dual policy of rate hikes at the same time they were reducing the
My rule of thumb here, and always, is that you have to fundamentally want to own the stock (or ETF). In our stock selection process, we filter the main ETFs that represent the major indexes and remove the bottom half of the index that does
According to analysts at Bank of America Corp. and EPFR Global, investors have added almost $900 billion into equity exchange-traded and equity funds in 2021. This has surpassed the total from the past 19 years combined. You might say #BTD “Buy the Dip” social media
The World Gold Council mid-year outlook suggests that higher rates running faster than inflation hurt in the first half. Current expectations for real yields (inflation versus nominal yields) now suggest gold should be on the podium. That fact that gold is not shinning requires a
The greater the number of stocks participating in the trend is bullish. There is no debate about it. When fewer larger stocks are lifting markets, the signal is that of a later stage more defensive rally (buy big safe blue-chip quality stocks). This does not
Expectations for 2021 earnings and beyond are robust to say the least. History suggests such a high bar is harder to jump. As a reminder, the market prices in forward expectations and in order to do even better, results need to beat expectations. That will
The famed fund manager Michael Burry featured in “The Big Short,” warned last week loses on crypto and meme stocks could be more than the GDP of some countries. Crypto, Meme Stocks: Michael Burry Warns About ‘Mother of All Crashes’ – Bloomberg We look at
There is a significant shift developing towards minimum tax rates and for many companies to pay their far share. Treasury Secretary Janet Yellen recently achieved an agreement within the G-7 backing a global minimum tax rate of 15%. G7 backs Biden’s sweeping overhaul of global
When it comes to ex-anti forecasting, time frame is everything. As much as the industry preaches that timing does not work, decision making about risk and return has everything to do with timing. The first chart we look at of gold bullion spot price in
The history of commodity cycles can last for years. There is likely more to go in the current boom part of the cycle. However, they have shown strong patterns of boom and bust over decades. Sometimes it is supply shortages in the case of weather