Earlier this spring, I authored ‘Software’s Selloff’ detailing the price deterioration across stocks within the software industry. Analyzing data from past software selloffs hinted at some key takeaways: the selloff was ‘young’ in February (and could have taken longer to bottom), and it was deep enough that investors could have expected significant earnings deterioration. With …

Inflation has been a big story recently, especially after the U.S.-Iran war started. We’ve pointed out that inflation was a growing problem even prior to the war and isn’t limited to an energy shock. Yet, the energy shock and higher pump prices are how inflation has been most salient for households. There was a school …

“Are we in a bubble?” The question echoed over the sounds of Memorial Day weekend. As markets continue to make new highs – in some ways in extraordinary fashion – many investors are likely asking this same question. How long do you ride a wave until it crashes ashore? The short answer is there is …