by Ross Bowler | Oct 24, 2022 | Market Commentary
When Bad Markets Happen to Good Stocks Sometimes, when the world seems to have stopped making sense, it helps to get anecdotal. For example, late last summer we learned that famed short-seller, Jim Chanos, was running a bearish campaign on data centers, claiming that...
by Ross Bowler | Sep 19, 2022 | Market Commentary
Groundhog Day Headwinds Déjà vu It seems that in each and every one of the last five months, I’ve performed the same mantra. High inflation. Rising interest rates. Markets sell off. We are here in September and I’m repeating myself. 8.1% YOY inflation. Interest rates...
by Ross Bowler | Aug 11, 2022 | Market Commentary
The Bipolar Markets On July 28, the Bureau of Economic Analysis announced that real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022. In the first quarter, real GDP decreased by 1.6 percent. By some definitions,...
by Ross Bowler | Jul 20, 2022 | Market Commentary
Rotation I have often thought that markets function under similar operating principles to those of a Galileo thermometer. Individual floats (stocks) rise or fall relative to their specific density and the density of the surrounding liquid (markets) as temperature...
by Ross Bowler | Jun 17, 2022 | Market Commentary
Independent of the Market In the days leading up to the Bureau of Labor Statistics’ June 10th release of the May 2022 Consumer Price Index (CPI), investors crossed their fingers in hope that inflation had peaked and was beginning a retreat. No such luck; the BLS...
by Ross Bowler | May 18, 2022 | Market Commentary
In our last communication, I profiled a couple of triple net lease REITs, suggesting they would be good defense in an inflationary economy. On May 4th the Fed raised rates by 50 basis points and effectively promised they would make similar moves in each of its next...
