Market Insights

Making the economy, markets, and personal finance less complicated

  • Investment StrategyStock Market

    Leadership Change, In More Ways Than One

    Nov 25, 2020

    In last week’s Market Commentary, I talked about the fact that the market value of the S&P 500, at about 21.7x the consensus earnings estimate for 2021, ha…

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  • Stock Market

    How Expensive Is the Market?

    Nov 19, 2020

    The stock market has blasted into record territory following encouraging news about COVID-19 vaccine candidates. At its current level of 3,613, the S&P 500…

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  • Stock Market

    Turning a Corner?

    Sep 11, 2020

    From time to time in these Market Commentaries we've discussed the fact that earnings estimates for the S&P 500 were on a consistent downtrend well before …

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  • Stock Market

    Vees, Checks, and Convergences

    Jul 16, 2020

    For the markets as a whole, the summer has been pretty good. In the last three weeks, the S&P 500, Dow, and NASDAQ indices have all seen gains of over 7%, …

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  • EconomicsStock Market

    Closing The Gap

    Jun 19, 2020

    It appears that the S&P 500 has settled into a trading range after making a run at its all-time high earlier this month.  The index currently sits about 8%…

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  • Stock Market

    Are You a Bull or a Bear

    May 7, 2020

    There are two prevalent views on Wall Street and Main Street: Bulls, who view the huge amount of liquidity from government stimulus checks, loans and spending,…

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  • Stock Market

    Beware of the Complacency!

    Apr 30, 2020

    Stock prices are "melting up" again.  The S&P 500 is up a staggering 34% since the low about 5 weeks ago.  The strong bounce is based on hopes for a speedy…

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  • Stock Market

    New Economy, New Market, New Playbook

    Apr 23, 2020

    Less than two months into social distancing, working from home and an induced economic coma, pundits and prognosticators, both the political and the reasonable…

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  • Stock Market

    Volatility Reigns!

    Apr 17, 2020

    Stocks met a significant milestone this week as the S&P 500 retraced over half of the losses sustained in the coronavirus sell-off.  As I write, the S&…

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