“Markets don’t ask why you own a position or how much work you’ve done when they decide if you’re going to make money on it.” That’s something I first heard at…
Day: November 11, 2019
MarketWatch: "Here’s what may drive stocks yet higher"
Excerpt from MarketWatch quoting DataTrek’s Nick Colas: …. “The reason is tepid earnings results throughout 2019, according to analysts at DataTrek in a Monday note. “2019’s no-growth earnings will make…
CNBC: "Weak 2019 earnings growth paves the way for a strong 2020 earnings picture, boosting stocks"
Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “Third-quarter earnings are slated to see a 2.4% drop from last year’s third quarter, according to DataTrek Research. The first and second…
WSJ: "ESG Funds Enjoy Record Inflows, Still Back Big Oil and Gas"
Excerpt from the Wall Street Journal quoting DataTrek’s Nick Colas: …. ” One simple explanation: No asset manager wants to deliver subpar returns. Energy stocks have been a losing bet…
The US Consumer “Confidence Game”
When it comes to determining the health of the US consumer economy, there are really just 2 key issues. The first is the “ability to spend” (employment levels and wage growth).…