The Money Runner
We’re not in Kansas anymore
By David Nelson, CFA Investors entered 2022 with several issues that needed to be resolved. The bubble in non-profitable technology stocks had already started to unwind and inflation was well on its way to becoming a problem not just for investors and the FOMC but for everyday Americans. Add a war breaking out in Ukraine that escalated […]
Down 90%!
By David Nelson, CFA CMT I don’t think there was a single data point on its own that sparked last week’s rally. Just enough stars aligned forcing a rush back into risk assets. In just 4 trading sessions close to half the year-to-date losses were erased. S&P 500 1 Year Data by FactSet Bulls taunted with “I told […]
When the COWZ come home!
By David Nelson, CFA CMT War in Ukraine continues to take its toll on equity prices and with-it investor sentiment. The missile strike hitting a Ukrainian military base near Poland a NATO ally adds to those concerns. If the conflict were to breach the border even through miscalculation it could trigger article 5 potentially putting […]
We are at War!
David Nelson, CFA CMT Fears of a coming Fed hike and rising cost of capital hardly seem a worry when Russian troops are firing on a nuclear plant and geopolitical tensions rival those of the Cuban Missile Crisis. Like it or not we are at war. The broad-based sanctions including the denial of Russia to access its […]
The Nuclear Option
By David Nelson, CFA CMT Images of ordinary citizens taking up arms to defend their country as a full scale Russian invasion of the Ukraine unfolds, forces investors to focus on more than just market fundamentals and the health of the economy. Today we have to consider a sociopath with his finger on the nuclear trigger. As of […]
Bleed Out!
By David Nelson, CFA CMT With 190k Russian troops poised to cross the Ukrainian border ready to launch the largest battle since World War II investors seem desperate for positive news that all out war can be avoided. Headlines suggesting Biden and Putin had agreed to a summit followed by Russia recognizing breakaway regions of the Ukraine speaks […]
Confused? – Don’t Worry, So is Wall Street!
By David Nelson, CFA CMT If you’re confused about the chaotic market action since the start of the year, don’t worry, you’re not alone. So is Wall Street. On most weekends, I spend time sifting through data and listening to what other talking heads have to say, if for no other reason to challenge my own […]
No Man’s Land – How Far Could Stocks Fall?
By David Nelson, CFA CMT There are no easy answers as to why markets fell apart last week. All the usual suspects had a hand in the carnage. A Fed increasingly behind the curve, inflation expectations rising, a news cycle that gets more frightening by the day and the growing realization that there is payback for […]
