Investments
Is Anyone Bullish? (Part 2)
“Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.” -John Maynard Keynes Stocks have had a great start to 2023 and the economy continues to surprise to the upside, with China specifically showing a turn for the better. If one of the largest economies in the world …
Ryan Detrick
April 25, 2023
8 Principles of Equities – Patience & Perspective Pays
Carson Investment Research recently published our 8 Principles of Equities. Our 4th principle is one of the most profitable yet difficult disciplines to master – patience & perspective pays. The stock market is a reflection of human emotion. It can bring joy and pain, fear and hope, pride and shame, anger, and comfort. Staying grounded …
Carson Research
April 24, 2023
Is the Housing Market About to Give the Economy a Boost?
Housing was the biggest drag on economic growth last year. The economy grew by 2.1% in 2022, but that overcame a 0.93%-point drag from residential investment, i.e. housing. In fact, it’s been a drag on GDP growth for 7 straight quarters now (through the end of 2022). It got worse over the last 3 quarters …
Sonu Varghese
April 21, 2023
Should We Worry That Bankruptcies Are Rising?
Corporate bankruptcies are rising in 2023, based on S&P data. The first 3 months saw 183 bankruptcy petitions, which was the highest for a first quarter since 2010. March alone saw 71 corporate bankruptcy petitions, the fourth straight month of increase and the highest monthly total since July 2020. Obviously, the most noteworthy bankruptcy filing …
Sonu Varghese
April 20, 2023
Stocks 👏 are 👏 real 👏 assets
Inflation is on everyone’s mind these days, but as we wrote last week, the good news is that inflation is on a relatively strong downtrend. As of March, CPI was up 5% over the past year, but well below the peak of 9.1% we saw last June. However, even 5% inflation is really elevated. No …
Sonu Varghese
April 19, 2023
Volatility Is The Toll We Pay
“It’s a proprietary strategy. I can’t go into it in great detail.” – Bernie Madoff Although Bernie Madoff was quite vague when asked how he had a strategy that printed money month after month when no one else could match it, as investors we know one thing and that is markets don’t always go straight …
Ryan Detrick
April 18, 2023
8 Principles of Equities #3 – Reward takes Risk
Carson Investment Research recently published our 8 Principles of Equities. Now it’s time to dive a bit deeper into our 3rd Principle – Reward takes Risk. At the surface, this seems obvious. Stocks are volatile, and investors need to be compensated for that added risk compared to other asset classes. We touched upon this with …
Carson Group
April 17, 2023
Three More Bullish Signals The Bears Don’t Want To See
“If you don’t know where you want to get to….it doesn’t matter which way you go.” -The Cheshire Cat to Alice in Alice in Wonderland. Stocks have continued to stage an impressive rally off the mid-March lows, so much so that we have now seen multiple rare and potentially bullish signals trigger. Today, I’ll take …
Ryan Detrick
April 14, 2023
The Good, The Bad, The Inflation
The March inflation report showed that CPI inflation rose only 0.1%, slightly below expectations. Over the past year, inflation is now up 5%, well off the peak 9% from June 2022. As you can see below, the big driver of lower inflation has been energy and food. Energy makes up about 7% of the “inflation …
Sonu Varghese
April 13, 2023
The Labor Market Refuses to Buckle and Shows Underlying Strength
Another month, another strong payroll report. The economy created 236,000 jobs in March, topping expectations for a 12th straight month. A record streak that is more than double the previous longest streak (before the current expansion). That in and of itself tells you how strong and underestimated this labor market is. Prior to the report’s …
Sonu Varghese
April 12, 2023
Cautiously Optimistic with Sam Ro
Sam Ro, the founder of TKer, joined Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, for a really fun and interesting discussion on the recent Facts vs Feelings podcast. The Carson Investment Research team is a huge fan of Sam, as we’ve followed him for years, starting back at BusinessInsider and …
Ryan Detrick
April 11, 2023
Burt White and The New Currency
An interview with Burt White on Where This Industry, and Carson, Are Headed Carson Group’s Managing Partner and Chief Strategy Officer Burt White recently joined Carson Partner Lawrence Sprung on Larry’s podcast called the Mitlin Money Mindset. If you are an Advisor in our industry and you want to see where the industry as a …
Ryan Detrick
April 6, 2023