Bill Taylor - search results

With the major action concentrated in the digital assets and gold, the S&P 500 is beginning to exhibit some wear and tear. There is something 'afoot' and the flight to both gold and bitcoin/ether says WATCH OUT. As we used to say on the trading floors, there is a "tone change."

Only a few days left in February. 17% of 2024 is gonna be gone. Hope it has been a good two months. If you have been in Bitcoin, Ethereum or AI stocks, congrats.

It is going to be particularly tricky to make 'informed' investing decisions. One thing for certain, stock (S&P 500) valuations are stretched to say the least. Equity markets are overdue for a significant correction.

The S&P 500 at 5,000 has seen the top. Those nice returns over the past few years are now in the rear view mirror.  If you didn't hear the bell ring.....you're deaf. Short and expect a bigger drop than you may imagine.

Expanding war. Interest rates staying high. Inflation inching up. Election shenanigans. What could possibly go wrong? Pretty sure we will find out at some point.

Inflation. For the life of me I cannot understand how jumping people's cost of living up 20% and then cheering when that 20% rise is "only" adding 3% a year now is a win. Huh??

The stock market (S&P500) got to new all time highs & are living in a fantasy world. Right now we have a toss up for the S&P 500. A huge melt up & bull market blow off, or the beginning of a prolonged sell off.

What if everyone is wrong again this year BUT for the wrong reasons? What if interest rates don't get cut.....or raised? What if inflation doesn't perk up......but stays stubbornly high?

Stay vigilant as you view government numbers-a 25% revision down on employment is not a statistical anomaly. Statistics 101 will teach you 25% is really far off (maybe government bureaucrats cut those classes).

I can take a very broad stroke at the year ahead. The equity market will not go up 25% again. There are WAY too many bullish (and invested) people out in investing land.