Equities’ resilience in 2025 stunned just about everyone. In rare fashion, the S&P 500 overcame a massive spring tariff tape bomb and near bear market to find itself on the verge of its third big up year in a row. We see further upside in equities but with a change in character as 7 signals… Read more »
After an epic 40% run, off its April lows, the S&P 500 has finally succumbed to profit taking. We’ve covered many positives up to now: Fed easing, accelerating earnings growth, fiscal stimulus, deregulation, ramping productivity and increasing M&A. But new ones are emerging. Lower rates & oil prices will keep the bull market on track…. Read more »
Market volatility is up as increasingly skittish investors try to front run potential drawdowns. This is normal and expected in bull markets. We see this latest pullback as short-lived given 2 macro forces: Fed rate cuts pack more punch when earnings growth is strong. Take the latest dip in stride and don’t let this choppy… Read more »
The crowd is chasing high-beta homeruns. The rally off the April lows has left high quality stocks behind as speculative names have outperformed. High quality stocks are the big opportunity right now. Despite strong fundamentals, “best of breed” stocks like Apple, Visa, Coca-Cola, Eli Lilly and Costco have lagged, while unprofitable AI, robotics, quantum and… Read more »
Turn on any media outlet and odds are you’ll hear cries of worrisome exuberance. Valuations, meme trades, a lack of volatility, and more have birthed top callers everywhere you look. We don’t see it that way. In fact, we’ll offer 3 data-driven studies signaling stock market bubble fears are overblown. Chew on this. The S&P… Read more »
Dividends are easy to overlook when the market’s ripping higher. That’s a mistake. Lower interest rates are a boon for equity income strategies. It’s simple. Fed easing favors dividend stocks. Today, we’ll cover why the current macro set up favors equity income. We’ll unpack four eye-opening studies covering the power of dividend compounding, why dividend-payers… Read more »
There are always spooky scare stories around. The noise always amplifies in the fall. Pundits are at it again. They’re spinning a tale about how a top-heavy market is somehow bearish. In fact, it’s the opposite. Extreme market concentration is a buy signal. Most popular bearish narratives have a kernel of truth to them and… Read more »
Bears are finally having a moment. They deserve it, they’ve had a really tough few months. And there are plenty of them – bears outnumbered bulls by 16% in the mid-August AAII sentiment survey. I guess misery loves company. Hug a bear because today, we’re adding another positive to our stock market outlook – the… Read more »
On the heels of an epic rally, stocks are finally taking a well-deserved breather on renewed growth jitters. That’s not keeping the bears from griping about elevated valuations. You hear it everywhere. Today, we’ll follow the data to debunk this popular misconception. When you study history, high valuations are supported by strong CapEx Growth. We’ll… Read more »
Records have been set. And with the S&P 500 up roughly 30% since early April, most pundits are skeptical the rebound can continue. History proves otherwise. On July 14, we made a macro case for equities in 3 Positive Policy Tailwinds for Cyclical Stocks. We’ll keep riding this bull. These 3 momentum signal studies highlight… Read more »