Posts Tagged ‘Consumer Staples’
Let’s Focus On Understanding the Markets Right Now
Is recession around the corner? Will inflation spike as China reopens? Will the Fed stop raising rates in ‘23? We can talk all day about what might happen. And sure, it’s reasonable to say that rising interest rates are not conducive to growth assets or that the longer rates remain high the more damage could…Read More
Are You Recession-Ready?
Are we headed for a recession? The growing evidence that suggests the answer to this question is, unfortunately, yes. U.S. GDP fell at a 1.4% annual rate in the first quarter – another quarter of negative growth would officially mark a recession. Those who think a recession can be avoided are of the groupthink that…Read More
Is This Signaling a Cautionary Tale?
There’s one ratio chart you don’t want to miss right now. It’s one to focus on over the coming days and weeks ahead. I’ve been saying this most of the year. Don’t be fooled by what you think you see out of the cap-weighted S&P 500 index… Most stocks are either grinding sideways or have…Read More
Consumer Staples stocks are making new 52 week relative lows – and I couldn’t be happier!
That’s right, I said I’m happy! Because when Staples make new lows relative to the S&P 500, believe it or not, it’s usually a good sign for the market. We all just witnessed history. Governments around the globe took the unprecedented action of shutting down economies to combat the spread of the COVID19 pandemic. And…Read More