Investments
Nvidia Delivers
Nvidia delivered quarterly results largely in line with expectations. Quarterly revenue of $35.1 billion exceeded the $33.15 billion high end of guidance, earnings per share (“EPS”) of $0.81 exceeded FactSet consensus estimate of $0.75, and guidance for next quarter’s revenue of $36.8 – $38.3 billion bracketed FactSet consensus estimate of $37.1 billion. Many of these …
Blake Anderson
November 21, 2024
Why We Aren’t Permabulls
“Oh, those Carson guys are just permabulls.” Institutional CIO who has been dead wrong for years Are we permabulls? We get this question sometimes and it is a great question. (A permabull is someone who remains bullish on markets no matter what is happening.) On the surface we know that stocks usually go up, so …
Ryan Detrick
November 20, 2024
Will Higher Rates Break The Economy?
With interest rates climbing to historic highs, is the economy teetering on the brink—or are opportunities waiting in the wings? This week on Facts vs. Feelings, hosts Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, VP, Global Macro Strategist at Carson Group, assess the far-reaching effects of rising rates on the economy …
Ryan Detrick
November 20, 2024
What May Be Next for Interest Rates
As investors look ahead to the post-election rate environment next year, there are a lot of questions, especially with the recent sharp rise in the 10-year Treasury yield. Like 2023, when interest rates started and ended the year in the same place with a whole lot happening in between, interest rates have been on quite …
Barry Gilbert
November 19, 2024
A Roadblock Removed? Tesla’s Recent Run
Since news broke on June 12, 2024, that Tesla shareholders voted to reinstate CEO Elon Musk’s pay package, Tesla stock has returned +85.3% versus a gain of +10.3% for the broader S&P 500 (FactSet data, as of 11/12/2024 closing price). The investor base has clearly been catalyzed with recent events that includes the company’s ‘We, …
Blake Anderson
November 18, 2024
Why We Think Inflation Has Normalized and the Fed Can Cut Rates
The October Consumer Price Index (CPI) data held no surprises for markets, either to the downside or the upside. Since inflation had already normalized, that means the latest data confirms the pre-existing trend. Headline CPI rose 0.2% in October and is up 2.6% year over year. Core CPI (excluding food and energy), which is typically …
Sonu Varghese
November 14, 2024
The Economic Outlook Looks Pretty Good, and Opportunities Abound – Part 2
“We have two kinds of forecasters, the ones who don’t know and the ones who don’t know they don’t know” – John Kenneth Galbraith In Part 1 of this blog, I discussed a framework for thinking about the economic outlook in 2025. There’s clearly a lot of policy uncertainty ahead. As the incoming Trump …
Sonu Varghese
November 13, 2024
The Post-Election Chase is On
As the post-election market rally gains momentum, how can investors position themselves for what’s next? This week on Facts vs. Feelings, hosts Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, VP, Global Macro Strategist at Carson Group, assess the economic implications of recent election results and a renewed Trump administration. From anticipated …
Ryan Detrick
November 13, 2024
The Other Thing That Happened Last Week
“No.” -Federal Reserve (Fed) Chairman Jerome Powell when asked if he would resign if President-elect Trump asked him to. Yes, the election and huge stock market rally took all the headlines last week, but there was another very big event. The Fed cut interest rates again, by 0.25% (after the 0.50% cut in September) …
Ryan Detrick
November 12, 2024
The Economic Outlook Looks Pretty Good – Part 1
Amidst all the election news, the Federal Reserve’s (Fed) November meeting almost went under the radar. The good news is that the Fed didn’t give us any surprises. As widely expected, they cut the federal funds rate by another 0.25%-points, taking it down to the 4.5-4.75% range. Fed Chair Powell pointed out that this is …
Sonu Varghese
November 8, 2024
Nine Interesting Things to Know About the Election
“It’s tough to make predictions, especially about the future.” Yogi Berra, Yankee great and Hall of Fame catcher It is official, Donald J. Trump will become the 47th President of the United States. This of course is the second time he did it, joining Grover Cleveland as the only people to ever become President twice, …
Ryan Detrick
November 7, 2024
Talking with the Two That Got the Economy Right
As economic data shows resilience and market expectations shift, how can investors navigate these mixed signals? This week on Facts vs. Feelings, Neil Dutta, Head of Economic Research at Renaissance Macro Research, and Skanda Amarnath, Executive Director at Employ America, join hosts Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, VP, Global …
Ryan Detrick
November 7, 2024