Over the next few weeks we will hear how US companies navigated a difficult Q2. More importantly, we will also receive guidance looking forward. This will lead to analysts lowering their earnings targets… something the stock market is yet to price in.
"Inflation"
CPI Exceeds 9% YoY – Fed to Stay the Course
CPI for June was a white-hot 9.1% YoY. But should that be a surprise? Not really. What it does suggest is two consecutive rate hikes of 75 basis points… however most of that has been priced in.
Negative Impact of Labor Costs on Earnings
There are three things I want to see before I utter the words “the bottom is in”. One of those three are Q3 earnings revisions… they are coming and this is one big reason why…
Sell this Bounce… and Why NZ is Worth Watching
We are in the midst of a bear market rally – but I don’t trust it for three reasons. Separately, is New Zealand a canary in the coal mine regarding the impact of raising interest rates?
For a full list of posts from 2017…