Weekly Market Update
Market Action Stocks ended October posting some of their best monthly gains in years. 76% of reporting firms have surpassed their earnings expectations thus far in Q3 although sales figures continue to be held back by the strong dollar. It seems companies are on their...Shifting Cycles and Portfolio Structures: Hand Me Another Brick to Build a Shelter From the Storm
As previously noted from this page, I believe that we are entering into a period where the forces of market risk, volatility, liquidity, and credit risk encompass a cycle whose velocity may change much more frequently than during any other period in financial history....Weekly Market Update
Market Action Stocks in the U.S. posted another week of gains and have largely recovered from their period of volatility in August. With the Fed Funds Futures and Bond Markets pricing zero rates into 2016 stocks may have more room to run this year. While markets in...Financial Distress: Infatuations and Magnificent Illusions
In his 1984 Shareholder Letter, Warren Buffett wrote: “The corpse is supposed to file the death certificate. Under this ‘honor system’ of mortality, the corpse sometimes gives itself the benefit of the doubt”. This is an example of a magnificent delusion unfortunately...Weekly Market Update
Market Action Despite more data that questioned the health of the current macroeconomic environment asset markets had one of their best weeks in months. Energy and Materials, the two weakest sectors so far in 2015, led the rally with each rising over 7%. The first...Sign Up for Our Publications
