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Thursday links: the cause of bubbles

Abnormal Returns

theatlantic.com) Finding a good retail CEO is tough these days. howardlindzon.com) Private assets Why private equity needs much better valuations. bloomberg.com) Economy What does a 'no landing' economic scenario look like? apricitas.io) There are a near-record number of housing units currently under construction.

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Market Commentary: Checking In on Market Fundamentals

Carson Wealth

economy continues to look solid, with markets rallying Friday after a stronger-than-expected jobs report. Pockets of attractive valuations exist despite above-average valuations in some high-profile areas of the market. gain, but not a bad number by any means. economy, and the job market is leading the way.

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Financial Market Round-Up – Jul’23

Truemind Capital

Despite being widely expected for many months, the recession has yet to materialize in the US and other developed economies. The recent rally in the market has made the valuations more expensive compared to historical standards. Valuations across all sectors do not offer any margin of safety.

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Financial Market Round-Up – Jan’24

Truemind Capital

Global growth exceeded projections, primarily propelled by the resilient performance of the US economy. Euphoric retail investor sentiments boosted the BSE Mid and Small Cap index by 14% and 13% respectively. The debt yields have declined across the yield curve maturities in the developed economies.

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Investors are still pessimistic, but emotions aren’t driving the markets

Nationwide Financial

Sentiment indicators continue to reflect substantial bearishness among retail and institutional investors, economists, and Wall Street strategists. Bears note a higher-for-longer Fed, softening macro data, uncertain geopolitical risks, and deteriorating valuations. trillion, and allocation to bonds is at a 14-year high.

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Every Bull Market has an Achilles Heel

David Nelson

Unfortunately for the Bears, any hope of cashing in those chips on Friday melted away once the inflation numbers started rolling in. We can debate higher for longer or even the wisdom of a Fed cut, but what isn’t up for debate is that the US economy has bigger concerns than a hawkish Federal Reserve. The Fed has done their job.

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Markets pause as investors contemplate positioning into year-end

Nationwide Financial

Retail investors continue to aggressively allocate to equities, with $23 billion of inflows into equity funds and ETFs in the latest week, the fastest pace since March, per EPFR data. However, this is actually a sustainable situation where market returns appear modest but are instead growing into their valuation.