Chief Market Strategist at The @CarsonGroupLLC π for the perfect BBQ and host to Facts vs Feelings podcast. Helping you find your freedom one day at a time!
Have you seen our @CarsonResearch Outlook '24 yet?
Last yr we were way out of consensus with our optimistic call, but this yr we are seeing more eye to eye with others.
Still, we are probably more bullish on stocks and the economy than most.
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https://t.co/3vVtHT0brnβ¦
Everyone is working two jobs they tell us.
Yes, 5.1% of the labor force works two jobs and that has been trending higher.
But this was also running well above 6% during the healthy economy of mid to late '90s.
All the jobs out there are part-time jobs they tell us.
Actually not true, as 16.9% of the labor force is a part-time job.
This is lower than the entire last cycle (2010 - 2019) and is right where things were in the late '90s.
The trifecta of a solid economy?
Record expected earnings and CAPEX, with profit margins turning higher.
Hard to think these three things happening signals a major slowdown is coming in '24.
Talking debt with @sonusvarghese in our latest @CarsonResearch Take Five video.
Would you believe that record debt isn't as bad as sounds? We discuss why here.
https://t.co/nkkcfaV9yO
ββ¦we need to push back against the constant doom and gloom crowd.β
Incredibly insightful article that clearly lays out facts:
Consumers are in great shape today when compared to any other time in American history.
Iβm thankful to live in this country, at this time.
The consumer is trapped in a sea of debt and the end is near. That's what we keep hearing.
It simply isn't true.
In this latest @CarsonResearch blog I show why consumers and households are potentially in the best shape in decades.
https://t.co/zMOTMV8Ixf
Always an honor to listen to Animal Spirits and see one of our charts make the conversation!
Thank you @awealthofcs and @michaelbatnick.
(10 minute mark for an amazing chart from @sonusvarghese)
Always an honor to listen to Animal Spirits and see one of our charts make the conversation!
Thank you @awealthofcs and @michaelbatnick.
(10 minute mark for an amazing chart from @sonusvarghese)
Be sure to join @sonusvarghese and I tomorrow AM as we discuss the week that was and what is on our radars for next week.
Set a reminder for my upcoming Space!
https://t.co/9tkMLNsp3H
Did you know a 20% surge in 15 weeks increases the chance of the stock market being higher a year later?
Learn more in this week's Facts Vs Feelings with @RyanDetrick and @sonusvarghese!
Play the full episode here!
βΆοΈ https://t.co/7IgBZUCk9L
βΆοΈ https://t.co/XHPxaMMFCc
On Tuesday AM I joined @YahooFinance and said we liked small caps.
The R2k was down 4% at the time and it wasn't easy to say, but it still made sense to us.
Smalls broke out to 2-yr highs today.
Life comes at you fast!
"The S&P is up 14 in the last 15 weeks, up over 20% during that time," Carson Group chief market strategist @RyanDetrick says. "In the history of the S&P we've never seen a rally like that over 15 weeks. ... This is historic."
Be sure to join @sonusvarghese and I tomorrow AM as we discuss the week that was and what is on our radars for next week.
Set a reminder for my upcoming Space!
https://t.co/9tkMLNsp3H
When they say "Japan slips into recession" they mean GDP fell during the Q that began 229 days ago and again during the Q that ended 46 days ago
What they don't tell you is Japanese stocks are +15% since the start of the recession and the Nikkei is less than 2% from new ATHs $NK