by Scott Martin | Sep 27, 2020 | Weekly Newsletter 7pm Sunday
The Weekly Summary Wall Street remains a prisoner of its own tendency to overthink both the likelihood and the concrete impact of all the worst-case scenarios investors can imagine. Once again, the slow grind of pandemic recovery has become a drag on sentiment as the...
by Scott Martin | Aug 2, 2020 | Weekly Newsletter 7pm Sunday
The Weekly Summary Once again, we see Wall Street and Main Street running on extremely divergent tracks. From a pure investment perspective, everything is great, with many key stocks at record-breaking levels and the true leaders in Big Tech and elsewhere racing...
by Scott Martin | Jun 7, 2020 | Weekly Newsletter 7pm Sunday
The Weekly Summary Where May ended on a tentatively optimistic note, June has already provided plenty of evidence that the world is recovering from the COVID outbreak. For many, the biggest data point came on Friday, when we learned that U.S. businesses hired 2.5...
by Scott Martin | Mar 4, 2020 | 7am News Flash
The last time we saw an emergency rate cut of this size between scheduled Fed meetings was the 2008 Lehman Brothers crash, 12 years ago. We are not convinced that the global economy has gotten brittle enough to justify a full 0.50 percent cut, but we aren't running...
by Scott Martin | Mar 1, 2020 | Weekly Newsletter 7pm Sunday
The Weekly Summary You know what the market did last week. Whether it started with political malaise or the spread of viral outbreak fears, the selling was savage, almost universal (93% of all stocks lost ground, most by 11% or more) and the BMR universe was as...
