Hard or Soft Landing – Recession or Not
May 18, 2022 Good morning, Macroeconomics: study of the behavior and performance of an economy as a whole. It is one of the four branches of Technical/Quantitative analysis (Fundamental, Technical, Behavioral and Macro). It is the branch that is concerned mostly with Fiscal and Monetary Policy and like all the other branches of T/Q Analysis, there […]
We’ll Need A Few More Fridays
May 16, 2022 Good morning, Over the weekend, China put out some pretty horrible economic figures, confirming that it is hard to grow when you lock down significant parts of your economy. Combine that with a wheat export ban in India and the stagflationary forces from the world’s two most populous countries may be extending […]
Not To Be Trusted
May 13, 2022 Good morning, When market declines get into the double digits, fear becomes the dominant emotion and labeling becomes its supporting wingman. Market parlance labels Bear markets as market declines in excess of 20% and Corrections as anything less. This type of labeling system is not very helpful to market analysis or much else, […]
Mallon FitzPatrick in Financial Planning
Mallon FitzPatrick was featured in Financial Planning discussing “How financial advisors can help clients with retirement by planning early.” Read the full piece here: https://bit.ly/3FDmyQJ
Bounce Rally?
May 11, 2022 Good morning, Futures are up over a percent this morning perhaps front running some key inflation data (CPI) released at 8:30am EDT this morning. The market is indeed oversold but not yet as oversold as it was in March when we got an 11+% snapback rally. Could today’s CPI number be a […]
April 2022 Monthly Letter
Let’s get through the sea of red first, you already know from morning notes that the first 4mo of this year is the worst start of a year since 1939. And as unfair as asymmetry can feel in any area of our lives, it just doesn’t matter that about half of April’s crushing losses all […]
Within Expectations
May 9, 2022 Good morning, For all the market volatility and investor angst produced last week, when the dust settled, the S&P 500 Index was little changed on the week – down 8pts (-0.20%). That isn’t case this morning. From the opening bell in Asia last night and then Europe early this morning, markets (bonds […]
Coming Up 3’s
May 6, 2022 Good morning, On Wednesday afternoon, during the Q&A session following the end of this week’s Fed meeting, Jerome Powell seemed to perfectly thread the Dove/Hawk needle for investors, and the equity market shot up +3.01% (by S&P 500 measures) on the day. Apparently, with a night to sleep on it, bond market […]
Can’t Wait – Take II
May 4, 2022 Good morning, It’s finally here – Fed Day. Despite all the anticipation, it’s hard to see much of a surprise on the most basic of decisions – the rate move. Futures are up 50 bps (.5%) early this morning but that just feels like traders anticipating a “buy-the-news” event this afternoon. I […]
Karen McClintock on Smart Money Circle Podcast
May 5 – 2022 Karen McClintock, appeared on Smart Money Circle podcast to discuss “The Power of Compounding.” “The bottom line is that the plan is predicated on some investment returns, and that investment return built into the plan is your framework for creating your asset allocation,” says McClintock. Listen the full podcast here: https://bit.ly/3KCviY8
Stuart Katz featured in Citywire
May 4, 2022 – Our Chief Investment Officer, Stuart Katz, was featured in Citywire’s Due Diligence Report discussing “Investors Edge East for Opportunity.” Stuart commented: “While the near-term issues are clear, we believe China’s ties to Russia have created a new concern that requires more compensation for holding its securities.” Read the full article here: […]
Jeanette Garretty on TD Ameritrade Network
April 29, 2022 – Jeanette Garretty was featured live on the TD Ameritrade Network discussing “Federal Reserve Faces Mounting Fears for Economy.” Watch Jeanette’s full interview here: https://tdameritradenetwork.com/video/federal-reserve-faces-mounting-fears-for-economy