Recorded on Halloween, the Random Gleanings tandem of Chris Beard & Jesse Hansford offer some thoughts on the “tricks and treats” of this current market environment. Kicking off with the “treats” the guys talk through the reporting of decent Q3 earnings (so far, anyway), and seasonality being the best it gets in a four year…
It’s Earnings Season, and (at least, so far) Chris Beard and Jesse Hansford discuss that things are looking pretty decent. Chris shares that good reports from companies shouldn’t come as a surprise since we haven’t seen widespread layoff announcements. The guys look also at some other times that investor sentiment has hit such a negative…
In this week’s Random Gleanings Jesse Hansford and Chris Beard bring the BAD NEWS that markets have been BRUTAL in the last 30 days. In the past month the S&P 500 was down 11% and 10 of 11 sectors were negative anywhere between -6.25% and -19.9%, with the energy sector up a whopping 0.49%. There…
One month out from the Mid-Term Elections, Chris Beard & Jesse Hansford go to the charts for some historical perspective on the connection of MARKETS and POLITICS. It turns out there is a stronger correlation of the year in the presidential cycle to market expectations than there is evidence of one party having better performance.…
The Federal Reserve brought the market the 0.75% rate hike that was expected last week, but has moved away from the language of the “wait and see” approach from earlier in the year to a very hardline stance to crush inflation. Where the markets were interpreting things as more opportunistic from June to August, the…
Inflation is down… YEAH! Markets went down too… WHAT THE HECK!? The PP&W team talk the good news of headline inflation (#CPI) continuing to cool off, while tempering their excitement on this news based on the same day market ($SPX) reaction which was nasty. If a bad market day has you thinking it’s now time…
In this Random Gleanings Chris & Jesse are celebrating lower prices at the pump! Chris offers some history on how falling gas prices – or even stable gas prices – have historically had a very desirable correlation to the direction of inflation moving lower. With inflation being the scary headline du-jour, if inflation does begin…
Price at the pump has cooled off from it’s worst prices back in the early summer, but if you know where to look there are some signals that energy may still be challenging. Then there’s the JOLTS (Job Opening and Labor Turnover Survey) number that we’ve been talking about the Fed wanting to see come…
In the 1967 Johnny Cash country romp, Jackson, June Carter dares Johnny to “Go play your hand you big-talkin’ man”. Markets are currently daring Jay Powell to do the same in Jackson (Hole, WY) this week. Carter’s dare though comes with a prediction for her “big-talkin” husband when she follows with, “Make a big fool…
