James Picerno's Comment & Analysis
A complete archive of James Picerno's articles, including current analysis & opinion - Page 27
A review of market trends in early September suggested that the recent correction didn’t trigger a clear risk-off signal. Two months later, not much has changed, based on several ETF pairs that...
The red-hot economic growth in the third quarter remains on track to decelerate sharply in the final three months of the year, based on the median nowcast via a set of estimates compiled by...
Last week’s news that the Federal Reserve left interest rates steady, followed by a slower-than-expected rise in payrolls in October, revived animal spirits.Now comes the hard part: Was it...
We’ve been here before, but after Wednesday’s decision by the Federal Reserve to leave interest rates unchanged, along with comments from Fed Chairman Jerome Powell, investors are...
The Global Market Index (GMI) continued to move up again in October from the previous month, extending the recent upside trend. Today’s revised long-run forecast for the benchmark — a...
October was another rough for global markets. With the exception of cash, all the major asset classes fell last month – the third straight month of red ink for all but a handful of markets,...
The US stock market continues to post a moderate gain year to date, in large part due to strong sector performances in the communications services and technology sectors. Both slices of the market are...
A mixed run for markets last week offered a partial reprieve, but the trend profile still skews negative overall, based on a broad measure of the major asset classes via a set of ETFs.The Global...
Yesterday’s blowout rise for US economic growth in the third quarter delivered an upside surprise, especially for analysts who remain all in with forecasting recession. But perhaps the warnings...
Large-cap shares remain on track to dominate US equity factor performance for 2023, based on a set of ETFs through Wednesday’s close (Oct. 25). Within the large-cap space, technology shares are...