Just a day after blowout earnings from Walmart (WMT), Target (TGT) laid an egg with its own 3Q22 earnings report this morning. While WMT raised its full year comparable sales guidance TGT cited a “meaningful softening” of business in the…
Our outstanding Q2 results exceeded our expectations and we believe they provide a clear indication that we are entering the second phase of the economic recovery. During the quarter we saw dramatic across the board acceleration and sequential improvement in…
BeSpoke Investment Group has a post up on how the market has performed, on a yearly basis, after Christmas through the end of the year. Hard to draw conclusions from the data, but it looks like there is an upward…
Nothing new here in a Sunday New York Times piece by Robert Shiller, “An Echo Chamber of Boom and Bust”, but it’s always worth remembering that the stock market is people: THE global signs of a recovery in economic confidence…
We just don’t know how any indicator or assumption will fare since there has been nothing like the current market since at least 1987. Arguably, there has been nothing like it since 1929. – “When Market Analysis Capitulates” (subscription required),…
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