James Picerno's Comment & Analysis
A complete archive of James Picerno's articles, including current analysis & opinion - Page 21
Real estate securities rebounded sharply in December, leading the broad-based gains for the major asset classes in the final month of 2023, based on a set of ETFs.Commodities, by contrast, were the...
The outlook for the US economy is on track to close 2023 with a relatively upbeat outlook for the fourth quarter, based on a set of nowcasts compiled by CapitalSpectator.com.The official Q4 GDP...
The US bond market has had a rough ride for much of the past two years, but the powerful rally over the last two months suggests the worst is over.Cherry-picking analytics from the recent crop of 2024...
Markets are becoming increasingly confident that the Federal Reserve will start cutting interest rates in 2024. The first cut is expected at the March 20 monetary policy meeting.Fed funds futures are...
The S&P 500 Index’s rise in recent weeks puts it within shouting distance of its record high, set in January 2022. Yet some analysts warn that the narrow leadership of Big Tech stocks leaves...
It’s been a profitable year for the major asset classes, with a glaring exception: commodities. The general slide in prices of raw materials stands out in an otherwise rising tide for global...
US economic activity is still on track to slow after strong growth in the third quarter, but recession risk remains low, based on a set of nowcasts compiled by CapitalSpectator.com.Next month’s...
A month ago the trend in global markets remained bullish despite the fallout from a correction that started mid-summer, based on several sets of ETF pairs. Following yesterday’s upbeat...
Today’s update of the “fair-value” model for the US 10-year Treasury yield reaffirms that the benchmark rate appears unusually high relative to the economic fundamentals.Although...
Key drivers of the strong performance for the US stock market this year are technology (NYSE:XLK) and consumer discretionary (NYSE:XLY) sectors, based on a set of ETF proxies through...