Just be patient
Investor sentiment is at almost historic lows. Most of the time it pays to be a contrarian, although sometimes is better to just be patient.
It’s all about earnings
The time is finally here and soon we will know the fate of markets for the next six months. It’s all about earnings as companies start to report 2nd quarter numbers this week. If we see that earnings is down broadly, we think that could lead to the second leg lower of this current bear market. Until now, despite high inflation and the odd absolutely counterintuitive personal stimulus cheques American’s have been getting, corporate earnings have been rather robust. The post-covid world has served the world’s largest corporations well… but has the money printer eventually managed to do more harm than good? In our view, yes.
It’s all about earnings Read More
Independence day!
It’s the 4th of July on Monday and the day that the US celebrates independence day! Which means two things… the US markets are closed (and it will be a bit of a rudderless day for us on Monday) and that we can probably show you the most accurate picture of how markets have been trading so far this year.
