by Bloomberg.com | Mar 3, 2023 | alerts, Markets/Economy
In recessionary sign, shoppers trading down to cheaper goods Consumer sector did well last quarter, but bearish on 2023 One of the biggest questions for investors over the past year has been when Americans will pull back on spending and trigger a recession. In the...
by Lance Roberts | Mar 3, 2023 | alerts, Markets/Economy, Real Investment Advice
Gen Zers, according to a recent Magnify Money survey, are overly optimistic about being wealthy. In fact, according to the survey, they are THE most financially optimistic generation. To wit: “Nearly three-quarters (72%) of Gen Zers believe they’ll become wealthy one...
by John Mauldin | Mar 3, 2023 | alerts, Markets/Economy, Mauldin Economics
If you read and pay attention to the world, you probably know the recent past pretty well. And if you’re a history buff like me, you also know something about the more distant past. In between, however, we often have a memory gap. Events from 5, 10, even 20 years ago...
by Bloomberg.com | Mar 1, 2023 | alerts, Markets/Economy
Consumer prices rose 9.3% from year ago in February; est. 9% ECB set for half-point March hike with focus on months ahead German inflation surprisingly accelerated in February, further complicating the European Central Bank’s task after overshoots this week in other...
by Bloomberg.com | Feb 28, 2023 | alerts, Markets/Economy
Numerai solicits trading ideas from amateur data wonks Open-for-all vision is unconventional on Wall Street A Paul Tudor Jones-backed hedge fund that harnesses the stock-picking skills of amateur quants has nabbed another $100 million of inflows after soaring 20% in...
by Lance Roberts | Feb 28, 2023 | alerts, Markets/Economy, Real Investment Advice
“Profit margins are probably the most mean-reverting series in finance. And if profit margins do not mean-revert, then something has gone badly wrong with capitalism.” – Jeremy Grantham While there are certainly many complaints that “capitalism” is broken, such is not...
