IWM

Stagflation On Tap: Q1 2024 GDP Disappoints As Inflation Continues

Riding The Momentum - Looking Beyond The Tech Giants

Home Market Outlook Today's Market Riding The Momentum - Looking Beyond The Tech Giants. BlackRock Systematic's Systematic Equity Outlook explores macro and micro risks. The persistence of persistent market themes like AI has contributed to high equity index concentration and strong performance of the momentum factor. Inflation and rising geopolitical risks dominate the equity market narrative.

SPY: The 'Value' From Equities Is Historically Low

At current levels, the S&P 500 is providing next to no risk premium compared to risk-free assets like the 10-Year Treasury. The stock market is offering very little value from a historical perspective, says Bret Jensen. The market is selling at just under 24 times trailing S&p 500 earnings.

U.S. GDP Report Shows Stagflation Is Tightening Its Grip

U.S. GDP Report Shows Stagflation Is Tightening Its Grip. The soft landing narrative is dead as GDP growth falls below expectations and inflation rises. Traders are removing rate cuts from the outlook, leading to higher nominal Treasury rates and a stronger dollar. Rising rates and tightening financial conditions pose a significant risk to the equity market.

Bitcoin And The Best Miner: Core Scientific

Core Scientific, Inc. (CORZ) is the best positioned cryptocurrency investment coming out of the halving. Core trades for less than 1/2 the multiple of its peers. Core is leveraged to the price of Bitcoin and should get the best returns in a bull market. The company is the largest public BTC miner and is likely to be added to the Russell 2000.

Economic Growth, Labor Productivity And Investment

Labor productivity-output per hour worked-drives long-run economic growth. Bill Conerly says the U.S. Can't expect the economy to grow by working longer hours. He says productivity growth has slowed since the Great Recession. Conerley says businesses need to focus on improving productivity to boost growth.

Trials And Tribulations

Bank of America projects that the United States will have a debt of $34 trillion by year-end. Mark Grant says the U.S. Spent $429 billion on interest payments alone in the last year. America sold $22 trillion in debt last year while the Fed raised interest rates to combat inflation. He says the Fed needs to consider the collateral damage to our economy.

Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What's Driving Markets Wednesday?

The S&P 500 fell 0.4% in midday trading in New York. The yield on the 30-year Treasury bond has surged to 4.79%, the highest level since early November. The Japanese yen tumbled to the lowest level since June 1990. Tesla Inc. Posted lower-than-expected results last quarter, but shares rose 10%.