Since the start of the rate hike cycle in 2022, regional business cycles have weakened, earnings growth has stagnated (S&P 500 2021-2024E EPS: $208-$225, ~2.5% CAGR), and the market has moved sideways averaging near our price target of 4,200 (2022 avg: ~4,100; 2023 avg: ~4,250). Equity concentration reached levels not seen since 1970s with a very narrow leadership, which is…
J.P. Morgan’s Quant Team 2024 U.S. Equity Outlook
A financial market resource for the every-day investor and trader.
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Goldman Sachs: 4 Cyclical Phases
Seth Golden, , Research Reports, 0
As interest rates climb and inflation shows signs of cooling — where are stocks in the market cycle? Equities...
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Weekly State of the Market: It Ain’t Perfect, But It Ain’t A Recession
Seth Golden, , Research Reports, 0
The big money is made in waiting and simplicity. Not in overactivity and complexity. ~Brian G of Alphacharts You...
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Cool Peppermint Market Breadth, As Bulls Gain Momentum
Seth Golden, , Research Reports, 0
Welcome back to our weekly Research Report cycle (3-weeks on, 1 week off). The markets are expressing a very...
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A Football Metaphor for Markets
Seth Golden, , Research Reports, 0
by Jim Paulsen, The Tush Push has become a popular play among both NFL and college football teams. ...
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Morgan Stanley’s Weekly Warm-up: CPI Is Old News; Focus on Growth
Seth Golden, , Research Reports, 0
With the focus on inflation and the Fed now an obsession, it’s time to pivot to growth and how...
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Clouds Are Parting And Some Clarity Appears
Seth Golden, , Research Reports, 0
After a significant 1-week drawdown in the major averages 2 weeks ago, the market had an even greater resurgence...
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Why the US money supply is shrinking for the first time in 74 years
Seth Golden, , Research Reports, 0
The U.S. money supply is shrinking for the first time since 1949, as savings deposits decline and the Federal...