TPLC News and Press, Timothy Plan US Large Cap Core From 06/21/24

2024-06-21 09:00:00 ET Summary I reflect on past bear markets caused by unsustainable debt levels and valuations, but do not see similar circumstances today. Current concerns about a looming bear market are addressed, with a focus on overbought conditions in the technology sector ...

2024-06-21 04:52:00 ET Summary As the first half wraps up, both US and foreign stocks are solidly positive amid AI euphoria. In the stock market, despite many calls for a broadening out of the rally, the mega-cap AI theme reasserted its dominance following small caps’ surge...

2024-06-21 04:44:10 ET Summary The S&P 500 index is currently overvalued, with its P/E and CAPE ratios significantly above historical averages, suggesting limited future returns and heightened risk. There are increasing signs of economic weakness, including rising unemployment...

2024-06-20 21:39:20 ET Summary The European Central Bank has informed the governments of the European Union to get their budgets under control. The ECB believes that the growing debt levels will "eventually" cause pain as the debt will have to be dealt with. Debt levels contin...

2024-06-20 19:45:00 ET Summary Below is a quick look at trailing 12-month price to sales ratios (P/S) over the last five years for the large-cap S&P 500 and small-cap Russell 2,000 along with each index's respective Technology sector. The Russell 2000's price to sales ratio is...

2024-06-20 11:25:00 ET Summary There are countless ways to engage in opportunistic portfolio rebalancing analytics, but a good way to start is by profiling performance. For US equities, the case for tamping down expectations looks persuasive. US Treasuries are starting to show...

2024-06-20 09:31:22 ET Summary Nvidia is part of the "Magnificent 7" tech stocks driving market returns, but overvaluation poses risks for future shareholder returns. The market is heavily reliant on these tech stocks, with half of the S&P 500's returns coming from the Magnifi...

2024-06-20 07:25:00 ET Summary The Swiss National Bank surprised many with its second consecutive rate cut. Norway's central bank left policy on hold and warned that if the economy performs as expected, it does not anticipate a rate cut until next year. The US dollar is tradin...

2024-06-20 01:11:46 ET Summary Last week, the Fed maintained its view that rates would be cut this year. While the outcome was quite hawkish, I chose to look beyond this and ask what happens after they finally cut rates, so we can prepare. Since 1921, the Fed has initiated 22 ...

2024-06-20 00:20:00 ET Summary Last month, for instance, government employment was up 2.7 percent, year over year, while private employment was up on 1.6 percent. Growth in government jobs has been outpacing private employment (year over year) for the past fourteen months. The...