Looking Across or into a Chasm?
Stock markets around the world reacted to the great news of the successful development of Covid-19 vaccines by anticipating a return to normal. However, initial optimism was soon tempered by the [...]
No Longer Ugly Ducklings
Value stocks have been ugly ducklings for years. Suddenly, they are turning into swans. Analysts have been predicting a rotation from the long-favored growth sector to value for years; it is [...]
Deflating the Reflation Trade
Anticipating the results of the Presidential election, some investors made the bet that the U.S. economy was on the verge of reflation. The polls pointed to a “blue wave’, so the [...]
On a Knife’s Edge
This how many investors feel! Uncertainties abound; among them a reacceleration of the Covid-19 pandemic, a very important Presidential election, the future course of the economy, and much more. [...]
The Market has Lost its FAANGs
(Facebook, Apple, Amazon, Netflix, Google) Until recently, U.S. stock market action was dominated by a handful of very large technology-based companies. They drove the returns and became such a [...]