It’s always difficult to tell what’s priced in. Sometimes markets move on the obvious. Sometimes the action is so bizarre, there’s nothing you can make of it other

There are several strategies that investors can choose from, such as growth investing, value investing, and dividend investing. But investors can also combine multiple strategies to achieve the

Initial jobless claims in the week of August 15th rose from 971,000 to 1.016 million on a seasonally adjusted basis. The main question is if this is a

The Fed Minutes are released 3 weeks after meetings, so they usually don’t have large impacts on markets. However, this July’s Minutes caused stocks to sell off. Stocks

Everyone following the economy is studying how the lack of unemployment benefits will affect consumers. Only 11 states have been approved for $300 in weekly benefits (South Dakota

Even though the labor market was tight at the end of the last expansion and credit card debt wasn’t nearly as big of an issue as it was

Even though there was a 2nd spike in COVID-19 cases in July, retail sales growth was strong. The one major weak point was autos and auto parts. Without

The labor market is starting to improve at a stronger rate after having a setback in July. You can see in the chart below how initial jobless claims

With such low rates for such a long time, almost everything that has done well in the past few years has at least been a partial bet on

We think by now you are aware this has been an unusual recession. We mentioned in a previous article that in the previous cycle many were worried about

What if there was a way to cut through the massive amount of data we face when analyzing stocks? There is more data available to individual investors than

Historically, the only time the market has viewed good economic news as bad news is when the Fed was expected to tighten monetary policy. This is a unique

The stock market is irrational at the best of times. It cannot even claim to be a reflection of the economy’s health at this point. The derivative market

Based on continued claims in the survey week, consumer confidence, the ISM services employment index, the household pulse survey, and the ADP private sector payrolls survey, this July

*Last updated on 24 August 2020 Greetings investors, and welcome to the Q2 2020 list of hedge fund letters and reports! Learn from the top investors on Wall

In the week of August 1st, seasonally adjusted jobless claims fell from 1.435 million to 1.186 million which was way below the consensus of 1.442 million. It was

Both the ISM manufacturing and services PMIs were strong. In fact, they were stronger than their headlines indicated because of the negative impact from inventories/supplier deliveries. This is

Just because the S&P 500 has regained almost all of its bear market losses and COVID-19 cases are starting to fall doesn’t mean we aren’t living in unprecedented

Unless you have children and are dealing with the economic ramifications of COVID-19, you might not realize its importance. As you can see from the chart on the

In July, the consumer sentiment index fell from 78.1 to 72.5 as the chart below shows. However, it didn’t fall much in the 2nd half of the month.

In the early 1990s, Wall Street was recovering from a giant treasury bond scandal at Solomon Brothers. John Meriwether, a former Solomon trader, set out to create one

There is some confusion with the jobless claims report from the week of July 25th. Seasonally adjusted initial claims rose, while unadjusted claims fell. This increase in seasonally

It’s possible the economy bounces back in August and September due to the decline in COVID-19 cases and the fiscal stimulus. We got early positive news from the

The amount of negative yielding bonds is spiking again. There is $15.2 trillion in negative yielding bonds. The total stockpile of negative-yielding debt is now close to $15.2

It’s tough to explain how unusual this recent run in markets has been because everything has been unusual this year. If something normal happened, it would be a