facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast blog search brokercheck brokercheck
%POST_TITLE% Thumbnail

The Forecast Scorecard - February 18, 2020

Apple guided revenue estimates lower as the Coronavirus wreaks havoc on its supply chain. This news initially pushed the stock lower by 3.5%, only to see it erase its loses over the next couple of days. If you're waiting to buy the dip, there is no dip. The only dip we see are intra-day dips. Apparently, when Central Bankers stimulate nothing else matters, including real bad data. Can the Central Bankers push this bull market out far enough where bad data morphs into easy comps, which can lead to economies accelerating on a rate of change basis and shifting us into an economy that is more favorable to equity returns and general risk taking? Anything is possible, but until then we'd rather fortify our portfolios until the data confirms.

If you're interested in learning more about our scorecard please click this link: