Articles authored by Ryan Detrick
You’re Fired!
In the latest episode of Facts vs Feelings, Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, discuss the latest surprising jobs data, significant payroll revisions, and President Trump’s controversial firing of Bureau of Labor Statistics Commissioner Erica Groshen. Ryan and Sonu also provide insights into the Fed’s next moves, inflation challenges, …
Some Bad News and Some Good News
“A cynic is a man who knows the price of everything, and the value of nothing.” Oscar Wilde After stocks gained more than 2% in July, the first day of August landed with a thud, as the S&P 500 fell 1.60%, the first 1% drop since before Flag Day (June 13) and worst overall single day …
Here Comes August, Buckle Up
When asked why he robbed banks, Willie Sutton replied, “Because that’s where the money is.” I wish I knew why, but August is a month that tends to have a lot of out-of-the-blue scary events pop up and with that comes a good deal of market volatility. Who could forget last August? Stocks fell more …
Au Revoir, Trade War
In the latest episode of Facts vs Feelings, Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, discuss the recent easing of global trade tensions and how markets have responded positively. They dive into three popular market myths currently being debated, analyze corporate earnings, and provide their reasoning on why stocks …
Busting Three Myths
“Indecision may or may not be my problem.” Jimmy Buffett Stocks continue to trend higher, yet I’m noticing a few myths starting to show up that are meant to scare investors. In today’s blog, we are going myth busting! Myth 1: No, Market Breadth Isn’t Bad I’ll be honest, I don’t get where …
The Crazy Train Market?
“Of all the things I’ve lost, I miss my mind the most.” Ozzy Osbourne First off, sorry to hear the news of Ozzy passing at 76 years old. Just a couple of weeks ago he did his final show in Birmingham, England and it was so great to see him in his element one more …
What Goes Around…and Up, Up, Up
In our latest episode of Facts vs Feelings, hosts Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist unpack recent market reactions, Trump’s potential impact on Jerome Powell’s Fed tenure, and new inflation data that surprised most economists. Key Takeaways Event Study on Powell’s Potential Firing: Markets briefly reacted negatively to …
Five Things We Are Watching
“You won’t lose your job to AI, you’ll lose your job to someone who uses AI.” Jenson Huang, CEO at NVIDIA I read a lot each week and it seemed like the past few days I’ve come across some very interesting charts or ideas. In today’s blog, I wanted to share some of what I’ve …
Why You Shouldn’t Be Scared of Heights
“We cannot direct the wind, but we can adjust the sails.” Thomas Monson, American religious leader Do you have a fear of heights? This is known as acrophobia, which is something many, many investors have. That’s right, I’ve done this for more than two decades and new highs create a very uncomfortable feeling in …
Jerome on the Ropes
In the latest episode of Facts vs Feelings, hosts Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist dive into the recent controversy surrounding Federal Reserve Chair Jerome Powell, exploring potential political pressures, the Fed’s massive headquarters renovation project, and the broader implications for monetary policy and the economy if there were to be a …