Predictive Powers of the S&P 500 Average Return (and a Discussion on Risk)
We recently published an article on the futility of the annual stock market forecast “rodeo” among Wall Street analysts (and it is still safe [...]
CCM Commentary Q3/2022
MARKET SUMMARY: S&P 500 stocks declined 4.8% in the third quarter, marking their third consecutive losing quarter in 2022 and bringing their loss for [...]
US Economic Update August 2022
Jackson Hole Reality Check The August speech at Jackson Hole by Federal Reserve Chairman Jerome Powell turned the tide on US markets. Many market [...]
The Futility of Wall Street Analysts’ Stock Market Forecasts
Despite their less than stellar track records, the investing public still has an almost mythical obsession with the star Wall Street Analysts and their [...]
CCM Commentary Q2/2022
MARKET SUMMARY: As measured by the benchmark S&P 500 index, stocks dropped 16.1% in the second quarter. This drew their loss for the year [...]