FIRESIDE CHARTS

2Q24 Market & Strategy Review: Betting on Broadening

2Q24 Market & Strategy Review: Betting on Broadening

By many measures market indices sit at extremes. Concentration and the outperformance of growth stocks are both at historic highs—reminiscent of the tech bubble. While the valuations of the largest companies have expand…

Price Declines, Rising Unemployment, Robust Travel

Price Declines, Rising Unemployment, Robust Travel

A surprise decline in the Consumer Price Index (CPI) set off a massive rotation in the equity markets. Only time will tell whether this is a change in trend or a repositioning. The economy clearly isn’t…

Momentum, Energy, India

Momentum, Energy, India

Performance of the technology sector vs the broad market is reaching extremes, as investors continue to pile into the momentum trade. Recent price action has been bizarre, with the S&P 500 price…

Jobs, Concentration, Renewable Energy

Jobs, Concentration, Renewable Energy

U.S. Nonfarm Payrolls smashed expectations again but there are signs below the surface that the labor market is coming back into balance. A balanced labor market with less employee turnover may allow…

Inflation Jitters: A Deeper Look

Inflation Jitters: A Deeper Look

Have Inflation concerns returned? We’ve long been prepared to move on from the over analysis of monthly inflation data, confident the majority of inflation would prove transitory, leaving investors to focus on economic growth…

Stock Buybacks, Home Equity, Meme Stocks

Stock Buybacks, Home Equity, Meme Stocks

Recent economic data has surprised to the downside, strengthening the case for rate cuts from the Federal Reserve. So far, markets are looking through the near-term weakness as companies’ profit…

Earnings, Consumer Spending, China

Earnings, Consumer Spending, China

Earnings season is well underway, and thus far, the data has exceeded expectations. This may be partially explained by an unexpected surge in consumer spending in March, following a weak start to the…

Wage Growth, Market Breadth, Automation

Wage Growth, Market Breadth, Automation

Slowing wage growth and sticky inflation could become a problem for U.S. consumers. Those at the lower end of the income spectrum are already struggling. As interest rates creep back towards the highs…

The Economy, Supply and Demand, Emerging Markets

The Economy, Supply and Demand, Emerging Markets

Interest rates are moving higher as continued economic strength has tempered the market’s expectations for rate cuts from the Federal Reserve. With less than a week to go until the first advance release…

Popular Posts

Categories

Spread the Word

A Bird's Eye View -
The BCM Blog

Subscribe today for timely, educational content!