The inflation battle in the US (and for that matter here too) is nearly over but few economists and key market players are prepared to say it.
Today I’m looking at the winners and losers as portrayed in the Bloomberg chart that the AFR showed us last Friday.
Stocks rose overnight, with all three most-watched market indexes strongly higher, despite the Fed boss Jerome Powell not declaring victory with the fight against inflation.
While I’m not rushing to buy just yet, I will watch the news and data drops and be ready to ‘pounce like a tiger’ on assets I want to hold for the long term.
Another negative day for US stocks, so put on your market-panic seatbelts but don’t make them too tight because at some time over the next few weeks you’ll want to be a buyer of quality companies caught up in this temporary sell-off. Why do I say that?
To follow a line of the Bee Gees, how can a loser ever win? I’ve been reflecting on 8 loser stocks and wondering if there’s any reason to keep hoping they might turnaround and go for a decent rise higher. Check out my conclusions here.
The US registered another loser week for stocks, which makes it two in a row, but historically speaking, this conforms with the past as the Stock Traders Almanac says this is what often happens in the first two weeks of August.
Who’s right – the short sellers or the analysts? I’ve done the grunt work to see what positive views the analysts might have about those companies that are heavily shorted.
A rally for stocks (on the back of a lower job creation figure for the American economy) U-turned when hourly wage numbers in the state of the labour market report rose more than expected.
I’m backing a 10% rise in the stock market this financial year, as a minimum. To that I’d add at least 5% for dividends. I’m hoping the RBA doesn’t make it all too difficult by raising rates too high and thereby creating a recession.
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