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“Navigating the 2024 Goldilocks Economy: Opportunities and Insights”

2024: A Year of Economic Recovery and Steady Growth As we approach the end of 2024, economies—especially in the US—are displaying a strong recovery. The disruptions caused by Covid have diminished, marking...

“Q3 Earnings Fueled by the Magnificent Seven”

The Mag 7 Dominates Q3 Earnings Once Again The unofficial close of Q3 earnings season featured the last report from a Mag 7 company, Nvidia, which announced a staggering earnings increase of +100% compared to the same period last year....

Hiring Plans Diverging for Big & Small Companies

Layoffs lower than their entire pre-Covid history We got data showing that initial claims for unemployment insurance dipped, and they’ve been hovering in the same (historically low) range since last fall. So, with the economy staying...

Covid Distortions Still Impacting Inflation

Inflation has risen from 3.1% YoY to 3.5% this year It’s been a tough start to the year for inflation. Headline CPI inflation was as low as 3.1% YoY, but it’s since risen to 3.5%...

‘Fab Five’ Makes Q1 Earnings Top Heavy

Large cap earnings growth stays positive in Q1 We’re in the thick of Q1 earnings season, with 45% of S&P 500 firms having reported. And earnings are on pace to grow +3.3% YoY (chart below,...

Striking Disparity in Earnings Performance: Big vs Small Caps

A Glimpse Into Earnings Season Trends As the curtain nears on Q4 earnings season, a tale of two sectors unfolds. With 95% of S&P 500 companies declaring their results, it's evident that large caps have emerged...