This week, CEO Eric Boyce, CFA discusses: 1. AI stock earnings decelerating; market leadership may change; 2. revenue growth in line, although some sectors slowing; recession indicators falling; consumption and savings updates by income cohort 3. capital spending patterns look favorable; some pockets of consumer delinquency (auto loans) 4. bulls outweigh bears; individual stock ownership at high point 5. Real interest rates continue to climb; high probability of rate cut next month...question is how much to cut and how many cuts before the end of the year 6. crude oil stocks low, although domestic production is near peak; weaker price outlook
top of page
bottom of page
Comments