The long-awaited throwdown of partisan politics, accountability, or retribution – depending on your point of view – has started. I’d dare not venture into the partisan outcomes, but rather focus our attention on the possible economic and market implications of this… More >>
Ultimately, earnings growth matters. After all, investors only own the future. When you buy a stock, you’re purchasing a fractional share of future cash flow streams that the company generates from earnings and dividends. You’ve bought it at its current earnings, but… More >>
Despite the shock and sharp rally in oil prices due to the Saudi Arabian oil facility attack, there is some underlying good news to consider at this stage of the cycle. [i]
The majority of economic releases last week showed improvement from the previous period or… More >>
Regardless of what economic, geopolitical, corporate, Trump tweet, or market-moving event occurs, all equity investors need to be prepared for risk.
Risk is the underlying ingredient that creates excess returns over “risk-free” assets like government bonds.
Here’s a… More >>
For the first time since the middle of 2008 Financial Crisis, the S&P 500 Dividend Yield is greater than the yield on 5-, 10-, and 30-year treasuries. [i]
Simply put, stocks are paying more income than bonds which is pretty rare. Historically, bonds tend… More >>