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Start of a New Bull Market? | Weekly Market Commentary | August 15, 2022

James Hendries

The news on the economy and corporate profits hasn’t been great lately, but thanks to low expectations, it’s been good enough to push stocks nicely higher. As shown in Figure 2 , the 90% level has historically signaled the start of new bull markets coming off of major lows such as 2009, 2011, 2018-2019, and 2020. Encouraging Signs.

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How Much Higher Can Rates Go? | Weekly Market Commentary | September 19, 2022

James Hendries

Because of the ever higher Fed rate hike expectations, the yield on the 10-year Treasury security has increased by nearly 200 bp this year after increasing around 100 bp in 2020 and is at the highest level since 2011 [Figure 1]. And as long as there are concerns about a slowing economy, we could see either stable or lower long-end rates.

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Small Caps: The Big Picture

Brown Advisory

economy, seem poised to benefit from a potential postpandemic rebound. Exhibit 5: Dispersion in stock returns for the Russell 2000 ® Index, three-year trailing return for top and bottom quartile, by year since 2011, and average and median 1991–2020 Source: Furey Research Partners. return in the first quarter of 2020), U.S.

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Small Caps: The Big Picture

Brown Advisory

economy, seem poised to benefit from a potential postpandemic rebound. Exhibit 5: Dispersion in stock returns for the Russell 2000 ® Index, three-year trailing return for top and bottom quartile, by year since 2011, and average and median 1991–2020. With record 94.8% return in the first quarter of 2020), U.S. And for good reason: U.S.

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Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Sara Grillo

The entire economy, the world of investing, is based upon being able to trust who we are listening to. Rostad is president of the Institute for the Fiduciary Standard , a not for profit think tank formed in 2011. RIAs do not generally operate that way; it is usually the broker dealer model. If that is absent, we have a big problem.

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Government Debt and Stock Returns

ClearMoney

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. Reuters (2011). General government debt from OECD (2021).

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Is $22 Trillion a Tipping Point?

ClearMoney

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. 5Reuters (2011). 3General government debt from OECD (2021).