News
Then investors should ignore it. Plus: profits of the majority of S&P companies are considerably lower, crypto fans are idiots and Chinese population decline is fueling inflation.
Doctor Fed is still allowing interest rates to rise
If an X-ray of the US economy were to be made, we would see that the labor market remains overheated, economic growth does not cool much and inflation shows a mixed picture, says Edin Mujagic. So interest rates have to go up.
Small caps perform better in recessions
Large caps do better in boom periods. But in times of recession and recovery, small caps are the better choice. That says fund manager Luke Biermann of Schroders.
Daalder’s graph: Chinese population decline fuels inflation
In Daalder’s Chart, investment strategist Lukas Daalder of BlackRock discusses a chart every week that he thinks could be given a little more attention. This week: the important development of China’s population.
Strong statements from a 99-year-old investment genius
Charlie Munger downplays risk of Taiwan invasion, says crypto fans are ‘idiots’ https://t.co/RmggUONY9T pic.twitter.com/yoNamM1J8u
— Reuters Business (@ReutersBiz) February 15, 2023
Active versus passive
The returns of the IEX Fonds 40 (actively managed investment funds) and the IEX Index 20+ (ETFs).
About the long term
The longer you invest in active strategies, the more certain it becomes you will underperform, and it looks even worse on a risk-adjusted basis. pic.twitter.com/j7UCnmWUWL
— Peter Mallouk (@PeterMallouk) February 16, 2023
If the US was a stock
If the US was a stock, I would avoid it at all costs: pic.twitter.com/lVnVBmWitR
— Compounding Quality (@QCompounding) February 16, 2023
Bitcoin is picking up
The cryptocurrency is at its highest level since the summer of 2022.
Lower profits
With 84% of companies reported, S&P 500 Q4 GAAP earnings are down 29% year-over-year, the 3rd straight quarter of negative YoY growth and the largest decline since Q2 2020. $SPX pic.twitter.com/ml9pTFfXHg
— Charlie Bilello (@charliebilello) February 16, 2023
Soft or hard landing…
Or no landing. What does the economic scenario look like if the economy does not land at all?
The pigeon leaves
There was a lot of attention on #FOMC members #Master and #Bullard yesterday. Both are not voting. What is more important is that the most dovish voting(!) FOMC member, Vice Chair #Brainardwill leave the Fed. https://t.co/cj84lWDuC6 pic.twitter.com/StmT1pwZ2x
— jeroen blokland (@jsblokland) February 17, 2023
Of Editors of IEXProfs consists of several journalists. The information in this article is not intended as professional investment advice or as a recommendation to make certain investments. It is possible that editors hold positions in one or more of the listed funds. click here for an overview of their investments.
