WBIG News and Press, WBI BullBear Yield 1000 From 05/03/22

The Miller Income Strategy returned -10.08% for Q1 2022. As of the middle of April, the market is telling us the economy is still strong, though the rate of growth is now slowing due to overheating and inflation. Red-hot inflation now looks like it is weighing on growth. There...

The stagflation scenario got a little more traction last week with the release of a negative Q1 GDP print on Thursday and hints of more inflation on Friday. April was a really rotten month with everything down but the general commodity indexes. Investing is mostly an exercise in s...

While the two more senior historic indices have not confirmed a bear market, retail sentiment for the next six months is extremely bearish. The American Association of Individual Investors' (AAII) latest weekly survey summary indicates a 59.4% bearish view. There were 989 new lows for...

Only one major asset was up last week: REITs. There were some negative developments that might explain the selling. With the drop in commodities and fears about the impact of the China slowdown, the immediate effect should be for inflation and growth expectations to moderate. We didn&...

We believe the conflict in Ukraine may turn out to be less critical for equity markets than the upcoming turn we anticipate in the economic growth cycle. In the near term, we expect the S&P 500 Index (S&P 500) to continue to recover from its March trough. We expect the dis...

The nature of the economic cycle, originally due to the COVID pandemic, has been amplified. The ongoing lockdowns and the military conflict in Europe have prompted us to revise our inflation projections further. The dynamic shifting of corporate winners and losers is a constant an...

Value stocks may benefit in environments marked by higher inflation, higher rates, and a continued economic reopening. Quality stocks are a natural ballast to value. Investing in companies with stronger pricing power and healthy balance sheets may be prudent. Minimum Volatility ca...

The valuation spread tends to be very wide during a crisis and/or recessions, followed by narrowing of the spread. The extreme widening of the valuation spread during market dislocations that occur during or near the start of value cycles suggests that fear may act as a catalyst and p...

Does the yield curve inversion cause a recession or does it just provide a signal? Is the inversion only about expected future monetary policy? Do other factors also influence the shape of the curve, and if so, can we disentangle the various factors? There is a lot that we don’...

Inflation expectations have kept the Federal Reserve center stage as they commenced their interest rate rising cycle in March. The war in Ukraine and Omicron’s spread in China impacted inflation and supply chains differently, but both delay supply chain normalization. Regar...