In a case of almost perfect irony, I have waited a long time to use this theme. However, with Google’s AI Overview informing me ”the play’s tone is absurdist and nihilistic,” it seemed appropriate at this point in the market and election cycle.
We discuss the recent mania around levered ETFs and the market mechanics that make these so volatile. We also take our first look at investor response to Trump’s win and what we think some of the over (and under) reactions have been so far, and what the true implications of changes in fiscal and regulatory policy may mean.
David C. Nanney, CPA Portfolio Manager David began his accounting career in 1992. He has worked with some of the largest companies in the nation, including AutoZone, Pfizer, SunTrust and the public accounting firm Thompson Dunavant (CBIZ). In 2007, David founded David C. Nanney, CPA, PLLC, and in March of 2022, David purchased Brower [...]
We discuss the recent mania around levered ETFs and the market mechanics that make these so volatile. We also take our first look at investor response to Trump’s win and what we think some of the over (and under) reactions have been so far, and what the true implications of changes in fiscal and regulatory policy may mean.
In a case of almost perfect irony, I have waited a long time to use this theme. However, with Google’s AI Overview informing me ”the play’s tone is absurdist and nihilistic,” it seemed appropriate at this point in the market and election cycle.
We recap the historically strong year-to-date performance of equities and compare Q3 versus the first half of the year. We also delve into the potential market implications of the upcoming presidential elections as well as the ongoing (and escalating) conflict in the Middle East.
Special guest Kalee Kreider joins us to discuss the recent presidential debate, its impact on the November election, and all things political. We also explore the impact of broad trends like inflation and AI on the election, the economy, and markets.
Will and Adam discuss the large downward revision in job creation and analyze its causes and implications. With the Fed meeting in Jackson Hole, they review its current stance on interest rates versus market expectations, as well as the divergent paths the market has historically taken around rate cutting cycles.
Will and Adam return to provide insight on recent market tumult. We look at the causes (recession concerns, Japanese bank policy) and the effects (sharp decline, quick rebound, spike in volatility). We compare what is normal about today’s environment versus the anomalies that cause us some concern.
As we reach the midpoint of summer, the only thing rising faster than the thermometer has been the VIX, a widely followed measure of market volatility.
