“I am an optimist because I don’t see the point in being anything else.” Abraham Lincoln With all the talk about a pending recession and stocks in a bear market, today, I wanted to share some more thoughts and stats on recessions and bear markets. First things first, we do not currently anticipate a recession …
Ryan Detrick
December 16, 2022
“The future ain’t what it used to be.” Yogi Berra We’ve noticed a recent trend: nearly no one is looking for stocks to do much in 2023. As Yogi said many years ago, the future ain’t looking too good. The general consensus is that the first half of next year could be very rough, with …
Ryan Detrick
December 13, 2022
There are many reasons stocks and bonds have had a rough year so far in 2022, and right at the top is the huge spike in inflation this year. With the latest ‘most important economic event of our lifetime’, aka the latest CPI data coming out on Tuesday, today we’ll look at some continued better …
Ryan Detrick
December 8, 2022
As we noted on the blog last week, December is historically a strong month for stocks, and we don’t expect 2022 to be any different. It is historically the third-best month for the S&P 500 since 1950 (April and November are stronger) and third-best during a midterm year (with October and November better). Here are …
Ryan Detrick
December 6, 2022
Can you believe it? We made it to December! As we noted yesterday, we wouldn’t be surprised if we finished this year with some more green, but today we’ll look into the future and what could be in store in 2023. First things first, let’s start with something simple. Stocks will likely be lower this …
Ryan Detrick
December 1, 2022
Can you believe it? We’ve made it to the last month of the year! I don’t know about you all, but I’ll be pretty happy to wish 2022 goodbye as soon as possible. But the good news is that we continue to think the mid-October lows were the lows from the bear market, and continued …
Ryan Detrick
November 30, 2022
I was honored to chat markets and the economy with Mike Santoli on CNBC’s new Overtime show the day before Thanksgiving. It was a fun hit, and it was great to get four solo minutes on air. It always amazes me how quickly four minutes go by when you are in the hot seat, but …
Ryan Detrick
November 25, 2022
“The stock market is never obvious. It is designed to fool most of the people, most of the time.” Jesse Livermore I’ve noticed a trend the past few weeks and that is since the mid-October lows most commentators say we are obviously experiencing a bear market rally in stocks. But is it really so obvious? …
Ryan Detrick
November 22, 2022
The midterm elections are over, and the results aren’t 100% official yet, but we do know that we’ll have a divided government. As of now, the Democrats have 50 seats in the Senate to maintain control there, while the Republicans gained their 218th seat in the House to take control there. The bottom line though …
Ryan Detrick
November 18, 2022
The S&P 500 rallied again last week and was more than 10% off the October 12 closing lows, before selling off some yesterday. Nonetheless, the truth is the overall news really hasn’t really been that great, yet stocks have staged a strong rally over the past month. What gives? Turns out, this is what tends …
Ryan Detrick
November 15, 2022