Harrison: It’s A Cyclical Bull Within A Secular Bear
It’s important to understand that this cyclical bull is part of a prolonged and painful secular bear stretch.
– Todd Harrison, “Ten Reasons Why This Is Not A Bull Market”, Minyanville, March 24
It’s important to understand that this cyclical bull is part of a prolonged and painful secular bear stretch.
– Todd Harrison, “Ten Reasons Why This Is Not A Bull Market”, Minyanville, March 24
The consensus view is that this crisis is all about the coronavirus. Once the coronavirus is contained, markets will bottom, if they haven’t already, and we’ll rally into year end, eventually making new highs as the bull market resumes. One…
Market Commentary: JP Morgan (JPM) is down 7% today after President and COO Daniel Pinto said “Net interest income (NII) expectations are a bit too high. Next year is going to a bit more challenging” at an industry conference. Ally…
You know Wall Street couldn’t go more than a few weeks without obsessing about the Fed and if there is going to be a rate cut this year or not. I swear to God…… The immediate cause is today’s April…
While the calendar slows down dramatically heading into the last two weeks of 2022 there are a few earnings reports worth paying attention to next week: Federal Express (FDX), Nike (NKE) and Micron (MU). Let’s start with FDX which reports…
This is really off the charts in terms of anything we have ever seen. – Martin Fridson, CEO, Fridson Investment Advisor, a non-investment grade debt specialist Junk bonds on average now yield more than 20% for the first time ever…
Check out this short interview I did with Mint.com.