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

Both establishment survey and household survey data indicate a decline in Wisconsin. Up to September, Wisconsin data had tracked the US data, at least insofar as aggregate establishment data was concerned. That relationship broke down in October. Some hint for what factors drove t...

The number of stocks in the S&P 500 above their 200-day moving average is at a historically high level. There have been a number of very large options bets placed against the major ETFs. The bond market may be picking up on a double-dip recession. For further details see...

If we live long enough, almost all of life's activities are cyclical, alternating from favorable to unfavorable. The name of the game is to be able to participate in the favorable. Economic and stock market cycles are not identical, but they tend to "rhyme". If stock prices do their j...

Certain policies have been laid out by the new administration that we can expect. Serious problems lie ahead that no one knows how to solve. Investors should prepare for the problems. For further details see: The Biden-Harris Administration: What We Think We Know, What W...

Global stocks declined for the second consecutive month in October, but rallied back in early November. We trimmed our equity overweight in October ahead of the U.S. election, though we remain cautiously optimistic on risk assets into year end. In a challenging market, the BlackRo...

Positive COVID-19 vaccine developments give us greater confidence in the activity restart, and may make it easier for policy support to bridge the income gap. The vaccine news sparked a sharp rotation into value and small-cap stocks that fizzled later in the week when near-term virus ...

All evidence indicates that the US economy is in a strong V-shaped recovery. COVID-19 will be contained soon. Technicals also point to a coming big rally. Our portfolio update. For further details see: The Market - A Big Year-End Rally Is Underway

Stocks (especially techs) are in strong hands in the short term. But an important intermediate-term top could be in place by January. Investor sentiment is getting frothy, while insider selling is spiking. Participants should prepare for a weak start to the New Year. For...

While some will mark the Presidential election or the Pfizer vaccine release as the date of the start of the "great rotation", it's my belief investors have been seeing the rotation in fits and starts since September 2nd, 2020, when the S&P 500 peaked at 3,885. The "great rotation...

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...