{"id":4916,"date":"2023-03-05T20:36:51","date_gmt":"2023-03-06T01:36:51","guid":{"rendered":"https:\/\/envisionco.net\/?p=4916"},"modified":"2023-03-05T20:36:51","modified_gmt":"2023-03-06T01:36:51","slug":"week-ending-3-3-2022","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=4916","title":{"rendered":"Week Ending 3\/3\/2022"},"content":{"rendered":"

MARKET RECAP<\/strong><\/p>\n

Stocks moved ahead for the week, in the US at +2.05% and outside the US at +2.79%. The market is still trading at a somewhat high level, given where interest rates are. The 5.3% earnings yield on the S&P 500 is barely above the almost 5% that treasuries yield going out up to 2 years. This is a divergence that, over the long run, likely won’t hold.<\/p>\n

\"\"<\/a><\/p>\n

The market expects rates to top out at 5.25% to 5.5%, with the next hike to be 25 basis points. But with a hotter-than-expected economy, there is now a push to go for 50 basis points.<\/p>\n

The economy, so far, is still advancing. The Atlanta Fed GDPNow shows Q1 GDP at 2%+, and the ISM services index stayed at 55.1, indicating an expanding economy. At the same time, though, the ISM manufacturing index is 47.7, indicating a contracting economy. Global PMI is now north of 50.<\/p>\n

Warren Buffet took a direct shot at President Biden when he said in his annual letter, “We you are told that all [share] repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to an economic illiterate or a sliver-tongued demagogue.”<\/p>\n

SCOREBOARD<\/strong><\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

MARKET RECAP Stocks moved ahead for the week, in the US at +2.05% and outside the US at +2.79%. The market is still trading at a somewhat high level, given where interest rates are. The 5.3% earnings yield on the … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1893,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4916","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/4916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1893"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4916"}],"version-history":[{"count":3,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/4916\/revisions"}],"predecessor-version":[{"id":4921,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/4916\/revisions\/4921"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}