I attended my first academic conference as a PhD student last week, which was mostly devoted to the presentation of new research and papers for critical review by other academics.
The consensus on Wall Street seems to be that earnings expectations are low amidst low inflation and moderate economic growth.
The Federal Reserve was thrown another curve as a less-than-stellar, non-farms payroll data figure last week, showing employment did not strengthen as much as expected…
Over the past several years, much hay has been made about the superiority of indexing versus active investing to the point where many investors, with the encouragement of the media, believe that even good advisors or portfolio managers can’t consistently pick stocks that beat the market, and that indexing is the way to go.
There was consternation over the Federal Reserve’s decision to rates; however, most traders expected that they would leave rates unchanged.
There are whispers of the uncertainty heading into next week’s long-awaited Federal Reserve meeting.
The most recent jobs data for August came in at 173k versus the expectations of economists of 213K—both of which are lower than July’s 215k.
The weakness in China is being spotlighted as a big reason for the recent tumult in global markets.
The recent global selloff has brought anxiety to investors of every stripe, and it’s important to put the event in context.
Have you ever had one of those months?