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Let’s begin with where we are now. Earnings are under pressure. As rates rise, we experience not only rises in costs of debt and capital for businesses, but future valuations are also diminished, and growth is further slowed adding to compressed margins. Margins are compressed with rises in the costs of capital, debt, production, labor.

We can all agree that inflation remains obstinately high and has become more widespread. Consumer prices began rising significantly late last year in 2021 and have continued in 2022 at an uncomfortable, alarming pace exceeding central banks targets in not only the US but most of the largest global economies. Containing inflation is a priority

Getting money, and being able to keep that money are two vastly different skills: Getting money requires action, taking risks, being positive. Keeping money requires just the opposite skills – playing safe, being fearful, and a lot of inaction. Global Yield Curve Inverted First time in at least two decades the global yield curve has

We are in a global community with all nations interrelated so when a major contributor to the global economy has economic restrictions it impacts the world economy significantly. Global growth has slowed and US and China (the 2 top GDP contributors to the world output) have large impacts. Thus, China’s economic restrictions will most likely

Let us begin, the macroeconomic policy landscape has shifted rapidly during the past year, with policymakers facing an unusually uncertain environment. We are inevitably part of a global community with many moving parts filled with growing tensions and uncertainty coupled with worsening global outlook. Some permanent output losses are expected in many economies. So, in

The FED has work to do. It appears our challenges are moving from Inflation to Employment issues and further Earnings compressions. There are more data points than just Unemployment and NFP. Let’s explore. In my opinion, the Labor market holds the key. We have a tight labor market as demand for workers exceeds supply. Nominal

Opportunistic times for businesses! 1. This time period may last for “some time” however this is when companies improve & differentiate, grow market share, expand into new industries, acquire, & new leaders emerge. Cost Reduction is top focus. Since Q1. Reducing spending & minimizing discretionary expenses (ones we can control) “cutting excess & fat” Restructuring

CPI Report came in slightly cooler (lower) than estimates projected. The one I rely most on is the Cleveland FED which had forecasted: CPI 8.09% Y/Y, .76% M/M CORE 6.58% Y/Y, .54% M/M The actual CPI Report was: CPI 7.7% Y/Y, +.4% M/M CORE 6.3% Y/Y, +.3% M/M I will go over the details of