image: Wikimedia Commons (link).The US equity and bond markets have been anticipating central bank rate hikes for some months now, and this anticipation is almost entirely responsible for the sharp sell-off that has been taking place across the board but especially in the stocks of smaller and more "future-oriented" companies.We have already written...
Thursday, January 13, 2022
Investment Climate January 2022
Image from https://www.hp.com/us-en/shop/tech-takes/top-7-augmented-reality-experiencesThe equity markets, and particularly the stocks of growth companies, have been caught up in a major sell-off that started in November and which accelerated into the close of the year. It has continued in the early weeks of January as well. A recent article...
Thursday, January 06, 2022
Conventional wisdom misses the mark (as usual)
image: Wikimedia commons (link).The markets are presently selling off sharply, with smaller companies and tech-related companies being sold even more vigorously than the overall market.The chatter that we are hearing involves three widespread (but, in our opinion, misguided) pieces of "conventional wisdom" on the Street: First, that inflation...
