James Hendries

JULY 13, 2022

Dear Valued Investor, As the calendar has turned to July, investors would certainly like to forget the first six months of 2022. real GDP growth to be around 2% in 2022. This may come to pass, especially if a recession can be averted in 2022 as we expect. Insurance products are offered through LPL or its licensed affiliates.

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Clients Investment Advisor License Economy 52

James Hendries

AUGUST 30, 2022

Still, corporate America delivered the type of upside investors have grown accustomed to in much easier economic environments. Estimated profit margins for the second half of 2022 did indeed come down as companies reported, but not dramatically so. Figure 2 shows how resilient 2022 earnings estimates have been. The numbers.

Marketing 52

Marketing Marketing Valuation Economics 52

James Hendries

OCTOBER 25, 2022

The National Bureau of Economic Research (NBER) is the official arbiter of U.S. business cycles, and they consider a wide range of economic indicators other than just the quarterly GDP metric. Depth refers to declining economic activity that is more than a relatively small change. The following paragraph explains one of them.

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Marketing Marketing Economics Economy 52

James Hendries

DECEMBER 4, 2022

Economic and corporate data support the initial strong reads on holiday retail sales despite the macro headwinds, reinforcing the idea that today’s consumer is in a better position than usual at this point in the business cycle. The most recent read from October 2022 came in at 6.5%, above the long-term trend.

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Retail Marketing Marketing Sales 52

James Hendries

JANUARY 13, 2023

Here are some of our lessons learned from 2022. Lessons learned: Economic forecasts The Fed’s bark was as bad as its bite! One of the lessons learned in 2022 was to never underestimate our central bank’s resolve to squelch inflation. At the start of 2022, markets expected the upper bound of the fed funds rate to stay below 1%.

Marketing 52

Marketing Marketing Valuation Asset Allocation 52

James Hendries

NOVEMBER 3, 2022

Some recent softening in economic data, coupled with signals from the bond market, may be indicating that Fed policymakers’ concerted inflation fight may be closer to the end than the beginning. We should also have slowing corporate earnings growth and greater economic uncertainty to contend with, some formidable seas to navigate.

Clients 52

Clients Asset Allocation Investment Advisor Economics 52

James Hendries

OCTOBER 4, 2022

Given the country’s weak economy, due in large part to stringent zero-COVID-19 measures that have led to strict and prolonged lockdowns, coupled with a debt-laden property market, authorities in Beijing and throughout the Chinese provinces will need to focus on reviving the country’s economic underpinning. from an earlier forecast of 5%.

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Marketing Marketing Economy Economics 52

James Hendries

NOVEMBER 15, 2022

The growth vs. value debate has been pretty one-sided in 2022, with value outperforming growth for a sustained period for the first time in almost 15 years. Value vs. Growth – Value Takes 2022. You may also be interested in: How Midterm Elections May Move Markets – November 7, 2022. IMPORTANT DISCLOSURES.

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Marketing Marketing Asset Allocation Valuation 52

James Hendries

SEPTEMBER 7, 2022

The difficult 2022 for stocks may not get much easier because as we now wait for better news on the inflation front, we have to contend with a seasonally weak month of September. Still, we could see potential upside for stocks over the balance of 2022. What’s Next? – August 22, 2022. Technical analysis perspective.

Marketing 52

Marketing Marketing Valuation Insurance 52

James Hendries

AUGUST 23, 2022

At this rate, home sales will likely continue to slow and residential investment could turn out to be a drag on Q3 economic growth. Any economic forecasts set forth may not develop as predicted and are subject to change. Insurance products are offered through LPL or its licensed affiliates. Regional differences are profound.

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James Hendries

SEPTEMBER 13, 2022

Likewise, during periods of economic slowdown, temporary workers are typically the first to get the notorious pink slip. One risk is the high number of workers in temporary help services since these jobs often are the first to go during times of economic uncertainty. Earnings Recap: Still Hanging In There – August 29, 2022.

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Marketing Marketing Economy Valuation 52

James Hendries

SEPTEMBER 8, 2022

The market rebound and overall bullish sentiment began in earnest when Federal Reserve (Fed) Chairman Jerome Powell suggested at the late July Fed meeting that the trajectory of interest rate hikes could ease later in 2022. Any economic forecasts set forth may not develop as predicted and are subject to change.

Clients 52

Clients Investment Advisor License Economics 52

James Hendries

OCTOBER 18, 2022

The challenges are many, with intense cost pressures and slowing economic growth at the top of the list. These headwinds include slower economic growth, cost pressures amid high inflation, ongoing supply chain issues, geopolitical instability in Europe and Asia, and significant currency drag from a very strong U.S. Numerous Headwinds.

Marketing 52

Marketing Marketing Valuation Economics 52

James Hendries

SEPTEMBER 27, 2022

As we know from historical precedents, when the Fed aggressively raises rates, economic growth slows or outright contracts, which is the Fed’s goal. High quality bonds tend to perform relatively well during economic slowdowns and/or contractions. You may also be interested in: How Much Higher Can Rates Go? – September 19, 2022.

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Asset Allocation Marketing Marketing Assets 52

James Hendries

AUGUST 15, 2022

The rule of thumb is two quarters of negative GDP defines a recession, but the official definition by the National Bureau of Economic Research is broader than that. Estimates for the second half of 2022 and 2023 have come down as expected, but with expectations so low, stocks generally rallied on results even as estimate were cut.

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Clients Marketing Marketing Valuation 52

James Hendries

OCTOBER 7, 2022

in September, temporarily breaking below the June 2022 closing low. Any economic forecasts set forth may not develop as predicted and are subject to change. Insurance products are offered through LPL or its licensed affiliates. Surging interest rates, a likely recession in Europe, and concerns about a potential U.K.

Portfolio 52

Portfolio Taxes Investment Advisor Asset Allocation 52

James Hendries

OCTOBER 11, 2022

The British pound had been weakening for some time amid a backdrop of dollar strength and a poor economic outlook as the U.K. There should be considerably more understandable clarity from what corporate leaders tell us about the economic and financial environment than what Fed officials are able to offer. IMPORTANT DISCLOSURES.

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Marketing Marketing Banking Government 52

James Hendries

NOVEMBER 1, 2022

With a series of important economic indicators suggesting the economy is declining and inflation is finally decelerating, albeit very slowly, markets are beginning to factor in that the Fed may soon transition to a less aggressive stance in early 2023. You may also be interested in: Three Things to Know About Recessions – October 24, 2022.

Marketing 52

Marketing Marketing Manufacturing Economy 52

James Hendries

AUGUST 15, 2022

due to expectations of slowing economic growth. Any economic forecasts set forth may not develop as predicted and are subject to change. Insurance products are offered through LPL or its licensed affiliates. 10-year Treasury yields have fallen by close to 80 basis points since the recent decade high of 3.5%

Portfolio 52

Portfolio Asset Allocation Taxes Investment Advisor 52

James Hendries

SEPTEMBER 20, 2022

economic growth. More specifically, it reflects how the Fed intends to stimulate or slow economic growth by cutting or raising its policy rate. This is referred to as an inverted yield curve, which has been a pretty reliable predictor of economic recessions. 2022 will go down as the worst year for bonds ever.

Marketing 52

Marketing Marketing Economy Banking 52

James Hendries

AUGUST 15, 2022

Market strategists and pundits make the relationship between recessions and the stock market seem binary, but each economic contraction is different and has different effects on earnings. First, keep in mind that stocks tend to look forward by four to six months and can provide warnings of changing economic conditions. If the U.S.

Marketing 52

Marketing Marketing Economy Valuation 52

James Hendries

JULY 13, 2022

Although energy prices came down some, weakening economic data and the lack of a cease-fire in Ukraine offset the modest gas price relief. Any economic forecasts set forth may not develop as predicted and are subject to change. Insurance products are offered through LPL or its licensed affiliates.

Portfolio 52

Portfolio Asset Allocation Taxes Investment Advisor 52

James Hendries

NOVEMBER 15, 2022

Any economic forecasts set forth may not develop as predicted and are subject to change. Insurance products are offered through LPL or its licensed affiliates. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

Portfolio 52

Portfolio Taxes Government Investment Advisor 52

James Hendries

SEPTEMBER 8, 2022

Any economic forecasts set forth may not develop as predicted and are subject to change. Insurance products are offered through LPL or its licensed affiliates. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

Portfolio 52

Portfolio Taxes Investment Advisor Asset Allocation 52

James Hendries

NOVEMBER 22, 2022

You may also be interested in: Inflation and Rising Rates Supports Value – November 14, 2022. How Midterm Elections May Move Markets – November 7, 2022. Federal Reserve Preview: TRICK or Treat? – October 31, 2022. Any economic forecasts set forth may not develop as predicted and are subject to change.

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Marketing Marketing Valuation Asset Allocation 52

James Hendries

JULY 26, 2022

And third, import prices have moderated since the beginning of 2022 and as import prices slow, we expect consumer prices to eventually reflect the slowdown in import prices. The year 2022 started out with import prices rising very quickly on a monthly basis. Insurance products are offered through LPL or its licensed affiliates.

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Marketing Marketing Manufacturing Banking 52

Trade Brains

SEPTEMBER 11, 2024

Western Carriers India IPO – About the Company Western Carriers (India) Limited, incorporated in 1972, is India’s largest private, multi-modal, rail-focused, 4 Party Logistics asset-light logistics company in terms of container volumes as of Fiscal 2022. crore in March 2022. crore in March 2022. in March 2022.

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Transportation Government Economics Assets 52

Trade Brains

MAY 29, 2023

billion (Dec 2022), making it the fourth largest sector in India. 65 percent of FMCG sales came from the urban sector and the remaining 35 percent from rural regions as of 2022. 65 percent of FMCG sales came from the urban sector and the remaining 35 percent from rural regions as of 2022. 223 FY 2022 879 23.5%

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Healthcare Manufacturing Sales License 119

James Hendries

AUGUST 15, 2022

The index rallied 11% in March 2022 before turning lower again. We maintain our year-end 2022 fair value S&P 500 target range of 4,300-4,400 with upside above that range in a soft landing scenario. Any economic forecasts set forth may not develop as predicted and are subject to change. on average). IMPORTANT DISCLOSURES.

Marketing 52

Marketing Marketing Economy Valuation 52

James Hendries

JANUARY 20, 2023

These headwinds—clearly not new news—include slower global economic growth, cost pressures from still-elevated inflation, ongoing supply chain issues, currency drag from a stronger U.S. Even the economic pressures have eased some, with fourth quarter U.S. gross domestic product (GDP) likely to exceed the 1.2% And don’t forget the U.S.

Marketing 52

Marketing Marketing Economy Banking 52

James Hendries

MARCH 6, 2023

Economic activity does not stop like an airplane eventually does, but rather the economy will settle into a steady state where growth is consistent with factors such as population and productivity. Perhaps that was not the first time market watchers used the term, but the conversations at the Economic Club of New York were prescient.

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Marketing Marketing Economy Economics 52

Trade Brains

JANUARY 20, 2024

In 2022, earnings soared from ₹65,070 crore to ₹1,34,543 crore, indicating a substantial rebound for the industry (as reported by ANI). Administration of Dadra & Nagar Haveli and Daman & Diu for the development, maintenance, and management of Jalandhar House, Diu on a license basis.

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Government Management License Planning 104

Trade Brains

JUNE 11, 2023

The company has financially outperformed the preceding years with a whooping increase in profit of 13.12% from 40.76% in FY 2021-22 to 46.11% in FY 2022-23. There is an increase in the net profits in the past 5 years from Rs 2,386 crores in FY 2017-18 to Rs 4,734 in FY 2022-23. as of FY 2022-23. crores during FY 2021-22.

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Banking Government Financial Services Insurance 97

Trade Brains

MAY 6, 2023

in February 2022, before getting delisted from the bourses. From 2017 to 2022 the company almost 90% of its stock price. Over a span of 5 years between 2017-2022, the company’s stock price fell by 94%, before getting delisted in March 2022. It has now come out of the Restructuring Scheme of 2022. 4,152 crore to Rs.

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Banking License Government Investing 52

Ballast Advisors

JUNE 30, 2023

A chatbot with uncanny human-like writing abilities has become the poster child for artificial intelligence (AI) since it was released in late 2022, inspiring new levels of attention, excitement, and concern about recent advances in this life-changing technology. Over the next decade, AI adoption could boost labor productivity by about 1.5%

Communication 40

Communication Economics Taxes License 40

Trade Brains

OCTOBER 6, 2023

According to the Economic Survey 2023, India’s domestic pharmaceutical market was estimated at $41 billion. Particulars / Fiscal Year 2019 2020 2021 2022 2023 5 Year CAGR Cipla - Revenue ₹16,362.00 ₹17,132.00 ₹19,160.00 ₹21,763.00 ₹22,753.00 Particulars / Fiscal Year 2019 2020 2021 2022 2023 5 Year Avg Cipla - Debt to Equity 0.29

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Pharmaceutical Planning Medicine Healthcare 59

James Hendries

JANUARY 26, 2023

Background: The global economy will likely slow from the upper-2% range in 2022 down to slightly above zero in 2023 ( Figure 1 ). Easing inflation pressures and a stable job market with only modest additional tightening from the Fed are keys to limiting the severity of an economic downturn. If the U.S. Our take: The U.S.

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