Bryan Perry
Gold’s Break Out to a New All-Time High Is Legit
The price of gold soared to a new all-time high this past week, peaking as Bitcoin also traded to a new all-time high. Spot gold notched $2,160 per troy ounce on March 8 in what is a multi-year upside breakout. There is not one specific reason, but rather there are several forces and perceptions at […]
AI Set to Push Unemployment Rate Way Higher
The artificial intelligence (AI)-led stock market rally of the past year is showing few signs of letting up, at least in the near term. What is becoming rapidly apparent is that the impact of AI is no fad, but rather a generational, transformational technological breakthrough that is just beginning to shape the future of how […]
A Rally with Over $6 Trillion on the Sidelines
Wall Street loves to put out price targets for the market. Being that the S&P 500 is the benchmark index, I thought it would be a good topic to highlight this week after the major average traded above 5,100 and closed at a record high of 5,088 last Friday. It’s a good time to take […]
Commercial Real Estate Loan Tsunami About to Hit Bank Sector
Of the more debatable topics among professional and retail investors, the health of the banking sector is always a front and center discussion. Will the heavy loan exposure to commercial office space that requires broad refinancing over the next two years trigger some sort of systemic calamity to the financial markets? Or will the regional […]
Market Trades at Premium PE as S&P Tops 5,000
For the first six weeks of 2024, the Dow, S&P 500 and Nasdaq have added to 2023 gains, with the more concentrated Nasdaq 100 leading all averages up over 9% and the Russell 2000 lagging with a small loss year to date. Coming to the end of the fourth-quarter earnings season, there are generally decent […]
Calling Into Question Friday’s Hot Employment Number
The S&P and Nasdaq soared, and bond prices crashed upon last Friday’s release of the January employment data that blew past even the most bullish of estimates. The Labor Department reported the economy added a whopping 353,000 jobs with the three-month average for total nonfarm payrolls increased to 289,000 from 227,000. December nonfarm payrolls were […]