SQEW News and Press, LeaderShares Equity Skew From 06/26/24

2024-06-26 06:50:00 ET Summary My impression is that the speculative market advance since 2009 ended last week. The current set of market conditions provides no historical examples when stocks have followed with decent returns. It’s worth noting that the average S&P...

2024-06-26 02:20:00 ET Summary Growth peaked on a quarter over quarter seasonally adjusted annual rate in Q3 last year at 4.9%. One area of uncertainty is the spend rate for the IRA and CHIPs Act. While we believe the current administration will keep spending high through the elec...

2024-06-26 01:34:12 ET Summary I'm staying invested due to bullish catalysts likely to come in the second half of 2024. I explain why I am not extending my hedges and what risks lie ahead for the index. I also present an alternative to balance these risks. Dear reade...

2024-06-25 15:00:00 ET Summary The economy clearly has slowed since the fourth quarter of 2023. Real GDP growth was only 1.3% in the first quarter of 2024, down from 3.4% in Q4 2023. Despite the slowing economy and lack of signs of a recession, the inflation story has clearly turn...

2024-06-25 14:45:00 ET Summary According to the Congressional Budget Office’s most recent report, at a time of cyclical strength and very low unemployment, the US is running a budget deficit of seven percent of GDP while its public debt-to-GDP ratio is on track to reach an all-...

2024-06-25 14:40:00 ET Summary High inflation and expensive equities lead to a negative risk-return relationship and shrink the equity premium to zero. Given today’s market dynamics, investors should avoid high-volatility stocks or hope for a different outcome than the hist...

2024-06-25 12:50:00 ET Summary Is the breadth of the rally narrowing? Why industrials may be the generals of the current market rally. Market breadth narrowing, but still in a two-year bull market cycle. Is tech the only sector driving the market rally? U.S. mark...

2024-06-25 09:55:00 ET Summary In April 2024, the AIER Business Conditions Monthly Leading Indicator rose back to the expansionary levels where it has lingered since November 2023. The Roughly Coincident Indicator declined to 67, its lowest reading in six months. The Lagging I...

2024-06-25 08:50:00 ET Summary Goldman Sachs recently upped its price target to S&P 6300 for the end of this year, along with Evercore ISI upping its year-end target to 6000. Valuation contractions happen during recessionary and bear market periods. A bullish scenario enti...

2024-06-25 08:10:00 ET Summary The US labor market may be at an inflection point. The high-flying Nvidia has fallen 13% in the past three sessions coming into today. Gold is little changed near $2333 and its trading in the upper end of yesterday's narrow range. Ove...