Nick here, with a quick note for clients: Jessica is temporarily indisposed with a really nasty flu. Since she is the one who makes the reports look so good, for…
Category: Blog
Small Cap/Large Cap Sectors, Chinese Yuan
Two “Data” items today, but first a quick comment about today’s market action. The S&P 500 closed on the lows of the day and the year to date. The Russell 2000…
S&P 500 Fair Value, Inflation Expectations
Three “Data” topics today: #1: What is fair value for the S&P 500 if 10-year Treasury yields go to 2 – 3 percent? Our answer, based on recent historical data: 10-years…
Negative Earnings Guidance, Jobs Report
Two “Data” items today: #1: S&P 500 corporate earnings guidance as we kick off Q4 earnings season this week. Every quarter for the last 5 years about one-fifth of the companies…
Volatility Playbook, Fed Runoff History
An eventful day yesterday (and not in a good way) in US equity markets, so for “Data” we have both some thoughts on how to trade the current environment and,…
JOLTing American Labor Productivity
The latest US Job Openings and Labor Turnover Survey was out today for the month of November 2021. Even though this data is a month behind the more widely watched Jobs…