Archive for category: Research Reports

Approaching the end of the year, it is natural to wonder: What lies ahead? Where does this road lead?...

This week’s focus is likely to be centered on CPI and the Fed. To us, that is yesterday’s news;...

The Federal Reserve has not yet begun easing, but “Easing” is a multi-dimensional event, and increasingly, the outlines of...

In The Illusion of Knowledge (September 2022), I railed against macro forecasting, which in our profession mostly concerns the next year...

I’ve gathered a few ideas from several of my memos this year – plus some recent musings and conversations...

By: Doug Ramsey Chief Investment Officer & Portfolio Manager Doug is the Chief Investment Officer of The Leuthold Group, LLC,...

Absolute best investors I’ve encountered aren’t successful because they predicted the trend or the macro-outlook, but because they have...

2023 Global Economic Outlook • With financial conditions tightening and the winter aggravating China’s COVID and Europe’s natural gas...

There is still considerable debate about whether the bear market has yet set its low. Certainly, if the U.S....

Cross-Asset Strategy: The October US CPI release delivered the largest downward inflation surprise since the start of the pandemic,...

By Jim Paulsen of The Leuthold Group Inflation has been slowing for the last several months and finally appeared...

If you are not willing to risk the unusual, you will have to settle for the ordinary! Everyone must...

Ahead of the holiday and turn of year period, Morgan Stanley publishes their outlook for 2023. The outlook is...

Investing isn’t about beating others at their game. It’s about controlling yourself at your own game! ~Ben Graham If...

With each passing week in 2022, we analyze, scrutinize, and rationalize a litany of macro-fundamental, technical, and quantitative data....

“Time in the market” is only a benefit if the market is heading in a positive direction. Otherwise, idleness...

Since at least Jackson Hole, the narrative has been that inflation is a big problem, and the Federal Reserve...

What a week, month I mean. The first three quarters of 2022 have been disasterous for investors of all...

“Do you know what investing for the long run, but listening to market news everyday is like? It’s like...

Last week’s tactical bullish call was met with doubt from clients, which means there is still upside as we...

“The greatest enemy of a good plan is the dream of a perfect plan. Stick to the good plan.”...

Unfortunately our monthly-cycle, weekend macro-market Research Report will be postponed until Sunday October 30, 2022, due to an unexpected...