BIBL News and Press, Inspire 100 From 01/14/21

2021: The year of the vaccine. Sectors to watch in 2021. 2021 corporate earnings could rise 30%. For further details see: Will Vaccines Boost Earnings And Help Fuel A Global Recovery?

Investors appear almost universally to be pricing for an early-cycle mix of low interest rates and ongoing support from both monetary and fiscal policy, combined with the release of pent-up demand from consumers and manufacturers. Short-term stumbling blocks are not confined to the on...

Is the US economy at risk of a double-dip recession? The threat is rising, according to the latest update of the ADS Index, a real-time tracker of business conditions published by the Philadelphia Fed. Last week's weak payrolls data and the ongoing surge in weekly jobless claims took ...

AIER's Business Cycle Conditions Leading Indicators index held steady at 75 in December. The latest result was the fourth month in a row with the index coming in above the neutral 50 threshold. The recent run of favorable results for the Leading Indicators Index reflects the ongoing r...

The stock market made an all-time high in its first week of 2021, shrugging off the violence, and the Treasury market recaptured 1% on the 10-year note, closing the week at 1.12%. Furthermore, there is no pressure in the junk bond market, which, rightly or wrongly, assumes that with t...

The December ISM manufacturing index rose to 60.7, up from 57.5 in November. The new orders component was especially encouraging, rising to 67.9 in December, up from 65.1 in November. Further, the Commerce Department announced that factory orders rose 1% in November, the seventh strai...

The employment data released last week reveal a decline in economic activity. New claims for unemployment insurance remain high at 787,000. More than 10.7 million people remain unemployed; the unemployment rate held steady at 6.7%. The CES employment numbers for December reveal a cont...

With 2021 already off to a good start, with the market up almost 2% in January, such is an excellent time to review our "investor resolutions." Considering that trying to predict the markets more than just a few days in advance is mostly an exercise in "folly," it is nonetheless a tra...

Shocking and appalling as the events of the past week were, investment based on fear or bias generated by them is also ill-advised. The market doesn’t care. What it does care about is the generous amount of rocket fuel in the tank of the economy from the recent injections of st...

The Democrats gained a slim majority in the Senate, paving the way for greater public spending and reinforcing our macro outlook. A more infectious virus strain could delay the activity restart but we see the cumulative economic loss as a fraction of that seen after the 2008 crisis. ...