BIBL News and Press, Inspire 100 From 11/15/20

On Monday, the announcement by Pfizer sent markets screaming higher. However, it wasn't like rallies we had seen previously. Instead, it was a fierce rotation from the previous leaders to laggards. Given the more overbought condition, we expect a one- to two-week correction at the beg...

Monday's Pfizer announcement followed pivotal elections by only a few trading sessions - an election I have posited as the most hedged individual event ever. Markets were already in a state of acute instability prior to the news, having been spurred sharply higher by the unwind of hedges ...

While the data is clear that ongoing stimulus programs lead to weaker economic growth and a rising wealth gap, is the Fed stuck with "forever stimulus?" The trap the Federal Reserve has stumbled into is that it continues to require more interventions to sustain lower rates of economic...

This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activity to determine whether the economy is strengthening or weakening, and the rate of inflation is increasing or decreas...

Stocks remain in a two-month-plus sideways consolidation after a failed attempt to break out on Monday. Quantitative indicators show the probability of gains is only slightly above neutral. We review several examples of the mixed bag of indicators facing investors, including Bread...

While the US recession might be technically over, the task of pulling the economy out of the ditch called COVID-19 remains of utmost importance. GDP growth in the 3rd quarter leaves the economy about 2.5% smaller through the end of the year. October's job report still leaves 11 mi...

Over the last eight months, I have written a series of posts on the market and how it has adapted and adjusted to COVID. In this post, I intend to wrap up this series with a final post, reviewing how value has been reallocated across companies during the months, and providing an updat...

I think it's safe to say, last week more than lived up to expectations. We may never see a US election like it again. What is remarkable is how relaxed traders have been throughout. Many expect the central bank to announce further easing measures in December, once the election is reso...

After reducing equity risk in portfolios over the last few weeks, we suggested last week the "selling" was likely overdone. It was quite the reversal. The rally pushed the market back above the 50-dma and lower highs' previous downtrend. Such sets the market up for a retest of all-tim...

We've grown accustomed to the "new normal": Stock market ebullience even as the country suffers through a distressing confluence of hardships. It is deeply disappointing to witness an election where seemingly everyone comes out of the process only further disillusioned. This is a ...