Stocks gave up some ground last week as earnings season got into high gear. This will be the biggest week for earnings. In the bond market, the big news was the emerging huge spread between ultra-short Treasuries (those sure to mature before any debt ceiling default) and 3+ month maturities (those that might get hung …
April 21, 2023 – Mixed earnings reports are sending confusing messages to the market. While Tesla has trouble selling cars at elevated margins, housing stocks say consumer spending is fine. American Express sees consumer travel booming, but banks are building reserves for future defaults. This is quite typical of a range-bound market where bulls and bears are both right and wrong.
Various earnings updates are flying in with fodder for both sides of the investment community. 19% of the S&P 500 companies have reported so far, with next week being the most important, as many mega-cap leaders announce results (Procter & Gamble, Coca-Cola, UPS, McDonald’s, Alphabet, Visa, Microsoft, Boeing, Meta, Honeywell, Amgen, and Amazon among many …
April 2023 Economic Update – The Banks, The Economy and Valuation
In this video, Tower Bridge Advisors’ Chief Investment Officer Jim Meyer discusses three key topics impacting investors – Banks, the Economy and Valuation. Please watch as Jim provides some perspective on these topics and gives investors some sense of how to position portfolios for what lies ahead.
April 2023 Economic Update – The Banks, The Economy and ValuationRead More
February 2022 Economic Update – The New Normal?
In this video, Jim Vogt, Co-Chief Investment Officer of Tower Bridge Advisors, discusses the outlook for the markets in the months ahead. Inflation and Fed tightening are front and center issues, but supply chain, corporate earnings and now the Russian invasion of Ukraine will have a major impact as well. What will the New Normal …
December 2021 Economic Update – “2022 Outlook”
In this video, Tower Bridge Advisors’ Chief Investment Officer Jim Meyer discusses the economic outlook for 2022. There are many factors at play; The Fed, interest rates, COVID, supply chain disruption, inflation, etc. Jim sorts through the various issues and suggests how investors should approach portfolio management in the year ahead.
October 2021 Economic Update – “This time is different – or is it?”
In this video titled, “This time is different – or is it?”, Senior Portfolio Manager Chris Crooks addresses the current economic outlook by looking at the parallels between the current pandemic and its economic impact, versus the economic impact of the 1918 Spanish Flu pandemic. History doesn’t always repeat, but sometimes it rhymes.
October 2021 Economic Update – “This time is different – or is it?”Read More
June 2021 Economic Update – “Is this a Bubble?”
Prices for many assets, including housing, stocks and commodities, continue to rise while inflation remains in check and fixed income rates remain at historic lows. In this video Chris Gildea, a Principal and Portfolio Manager with Tower Bridge Advisors, analyzes these factors to assess the current state of the economy.