The Money Runner
The USS Teflon Market
By David Nelson, CFA USS Teflon Market sailed past the FOMC iceberg I called out in last week’s post. On the heels of a Fed decision week that pushed June into negative territory stocks reversed course putting in their best week since March. The reflation trade bounced hard waving off concerns of a hawkish tilt in […]
IT’S NOT THE ECONOMY STUPID!
By David Nelson, CFA If markets were focused on the U.S. economy, we would have already broken out to new highs. Friday’s employment report along with other economic data confirms the U.S. economy is on solid footing. So much so the Atlanta Fed is boosting GDP for the quarter up to 4.7%. Geo-political headlines dominate […]
Don’t Jump – GDP Shocker
By David Nelson For the last several days leading into Tuesday’s final GDP reading economists were rapidly cutting their estimates in anticipation of a downward revision. Well it looks like they weren’t even close. Gross Domestic Product (GDP) for the first quarter was revised down to -2.9%. We came into the year looking for 3% […]
Unemployment is Higher than you Think!
David discusses the Labor Participation Rate which is now hitting 36 year lows. The truth is many Americans have been out of work so long they’ve just given up.
David’s Interview with Dan Alpert – Westwood Capital
Dan Alpert definitely thinks outside the box and forces you to re-think long held positions.
