Where Are The Newsletter Bears?

(Source: BeSpoke Investment Group, August 26)
Also see “U.S. Stock Pessimism Drops to Lowest Since 2007, Survey Finds”, Bloomberg, August 26 (via The Big Picture)

(Source: BeSpoke Investment Group, August 26)
Also see “U.S. Stock Pessimism Drops to Lowest Since 2007, Survey Finds”, Bloomberg, August 26 (via The Big Picture)
The Bureau of Labor Statistics said that non-farm payrolls grew by 94,000 in November, slightly above the 85,000 economists had forecasted but possibly a bit below what investors were really looking for given the strong ADP number on Wednesday. Going…
George Floyd died at a moment of extreme dysfunction in American political life. Relations are so poisonous and so polarized between the parties that we are not seeing the kind of bipartisan meetings on Capitol Hill that typically occur at…
Merrill Lynch yesterday released their August Survey of Fund Managers titled “Merrill Lynch Fund Manager Survey Finds Economic Optimism Highest Since 2003 as Investors Put Cash to Work”. Here are some highlights: A net 75% of respondents believe the world…
(Via The Guru Investor)
When a quality stock is down 50% in six months, it doesn’t need to report a great quarter for the stock to bounce and that’s exactly what we’re seeing this afternoon with Salesforce (CRM). The quarter has some nuance to…
Markets sold off badly overseas on Monday as investors feared the effects of a US recession on the rest of the world (Overseas Selloff Graphic). As a consequence, US futures markets were in panic mode yesterday ahead of today’s opening. With…