The Money Runner
What’s the Backup Plan?
By David Nelson, CFA CMT US Debt as a % of GDP hit a peak at the height of World War II. In the face of its greatest challenge, America was willing to spend whatever it took to survive. During the Financial Crisis on the heels of a housing bubble and toxic securities in deposit institutions debt […]
The NASDAQ Breakdown Playbook
By David Nelson, CFA CMT It’s hard to believe that anything other than COVID-19 and the success or failure of the vaccine rollout could top the list of investor concerns. However, the recent rise in rates is #1 with a bullet. It’s not the absolute level but the velocity of the move! At just over […]
SPEED KILLS!
By David Nelson, CFA CMT As the vaccine rollout continues investors will start to look beyond the Covid recovery and start to ask themselves some tough questions. The usual suspects or rogue’s gallery of market worries includes high valuations, rising yields, high unemployment and of course my personal favorite a geopolitical backdrop that challenges U.S. […]
All Bulled Up
By David Nelson, CFA CMT Markets pushed higher last week but clearly most of the economic data was soft. Jobless claims, Consumer Confidence and CPI all came in short of expectations. Earnings reports continue to be robust and well above estimates, but we’ve seen this movie before. A combination of lowered expectations and analysts behind the curve […]
GameStop – There’s nothing social about social media
By David Nelson, CFA At the start of 2021 analysts, talking heads and investors were focused on the year ahead and what the economy would look like on the other side of a vaccine rollout. The pandemic breakout of 2020 brought world economies to their knees and capital markets to the brink. Investors who looked […]
FAANG Revenge
By David Nelson, CFA CMT Year to date we’ve seen several asset class battles as investors rushed from one side of the lifeboat to the other. Coming into the start of 2021 we picked up right where we left off. A pro-cyclical rally led by Energy, Financials, Materials and Small Cap stocks (IWM) have outpaced […]
As the Worm Turns
By David Nelson, CFA CMT The worm has turned is an idiom often associated with the change of fortune of a person. I’m going to take the liberty and focus it right where it matters most your pocketbook. In the context of the last 10 years what we’ve seen in the last couple of months […]
2020 – The Last Mile
By David Nelson, CFA CMT Facing the second Black Swan event in 12 years the pandemic of 2020 pushed investors to fear more than just the loss of money. Jobs are a casualty of any economic downturn, but the pandemic of 2020 also robbed our way of life and tragically for some, their lives. Bear […]
