by David Wagner | Feb 14, 2023 | Blog, Macro Updates
Q4 ’22 Earnings Season Given current levels of Nominal GDP (+7.3% YoY) & Real GDP (+2.1% YoY), it appears that a recession has been delayed, but the market has begun to witness an EPS downturn. Almost 85% of the S&P 500 constituents have reported...
by David Wagner | Feb 2, 2023 | Blog, Market Updates
January ‘23 Market Recap: The “January Effect” was in full order this past month. The worst performing sectors in 2022 led last month: Consumer Discretionary (+15%) and Communication Services (+14%). Meanwhile, defensive Utilities (-2%) and Staples (-1%) were the only...
by David Wagner | Jan 24, 2023 | Blog, Macro Updates
It’s showtime baby! As many of y’all are aware, Q4 earnings season tends to be a bit longer than the others, as it takes a little while longer for companies to close the books on their year-end. We expect earnings to take the center stage going forward, where...
by David Wagner | Jan 23, 2023 | Blog, Macro Updates
Unfortunately, we are about to talk politics – let’s rip the band aid off and dive in. The U.S. just hit its debt limit. Taking a Trip Down Memory Lane Essentially, the political environment in D.C. in ’11 is much like today – Dem. President / Dem....
by David Wagner | Jan 23, 2023 | Market Updates
As one of the most searing dissections of 1980s yuppie culture, American Psycho has become a movie with a cult following, as it depicts Patrick Bateman’s journey of a part-time Wall Street brokerwith a full-time serial killer. American Psycho is complex film. By the...
