“There are no gains, without pains.” – Benjamin Franklin Incredibly, many strategists and economists continue to say we are headed for a bear market and a recession in ’24. That’s right, it is Outlook season and some of the forecasts for ’24 have been quite dour. The good news is we’ve been hearing this from …
Ryan Detrick
December 6, 2023
Recessions are periods of economic contraction that typically last for several months or longer. With all the news about a possible recession for 2024, will we actually experience one? In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, explore some of the indicators …
Ryan Detrick
December 6, 2023
“It’s not supposed to be easy. Anyone who finds it easy is stupid.” -Charlie Munger, Vice Chairman at Berkshire Hathaway Before we get into today’s blog, I wanted to take a second and give thanks to Charlie Munger, who passed away Tuesday, and all he has done to make this world a better place. There …
Ryan Detrick
November 30, 2023
The stock market is often a reflection of the economy, the consumer, and the sentiment of the investors. Based on the increases we’ve seen over the past four weeks, what can we expect for the end of the year? In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global …
Ryan Detrick
November 29, 2023
“The simplest solution is almost always the best.” -William of Ockham, better known as Occam’s Razor One year ago, right now nearly all the economists on tv told us a recession was coming. Who can forget this headline from last October? In many cases it wasn’t a question of ‘if’, but how bad it would …
Ryan Detrick
November 28, 2023
The Sahm Rule is an indicator that detects recessions in real-time based on changes in the unemployment rate. This rule was proposed by Claudia Sahm, a former Federal Reserve economist and a leading expert on macroeconomic policy. Today, we learn about the Sahm Rule and more! In this episode, Chief Market Strategist, Ryan Detrick & …
Ryan Detrick
November 22, 2023
“We do the worst possible thing at the worst possible time because we are most certain that we are right just when we are most likely to be wrong.” -Jason Zweig, writer at the Wall Street Journal As we look to finish up 2023 on a strong note, there are many reasons to be …
Ryan Detrick
November 21, 2023
“Did you hear the one about the statistician who put his feet in the oven and head in a bucket of water? When asked how he felt he replied, ‘on average, I feel pretty good.’” -Old statistics joke One of my favorite parts about my job is I get to travel all over the country …
Ryan Detrick
November 17, 2023
With the recent inflation data, can we say that the Fed has stopped raising rates? How will this affect the economy if this is to happen? What’s next for the stock market for the remainder of the year? In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro …
Ryan Detrick
November 15, 2023
2023 has been a year unlike any other, then again, all years are unlike other years. From everyone expecting a recession and continuation of the bear market at the start of the year, to the regional banking crisis in March, to one of the best first halves to a year for stocks ever, to a …
Ryan Detrick
November 9, 2023