The Irrelevant Investor
WEBAug 26, 2024 · The Book of the Year. You Weren't Supposed to See That, By Josh Brown. Michael Batnick. Sep 06, 2024.
The Thing that Doesn’t Mix Well With Investing - The Irrelevant …
WEBApr 16, 2024 · The Thing that Doesn’t Mix Well With Investing. There was a further escalation in Israel over the weekend. It always feels a bit crass to talk about investing when lives are being lost, but part of what I do is help investors contextualize awful world events. Intuitively, you might think that geopolitical events would impact the market.
I'm Not Saying Things Aren't Crazy - The Irrelevant Investor
WEBJun 11, 2024 · The fundamental growth is crazy. The valuation isn’t insane. I’m sorry it just isn’t. The stock trades at 44x forward earnings, which isn’t cheap, but it’s nothing compared to Cisco in 1999, which got as high as 97x forward earnings. This chart shows how out of whack the Nasdaq-100 got in the late 90s compared to the earnings it was ...
The Fastest Recovery Ever - The Irrelevant Investor
WEBAug 20, 2024 · This time, it took just eight days, the fastest 10% rally ever given the parameters. One of the crazier charts from a crazy couple of weeks is the double-long Nvidia ETF. It went from $5.7 billion in total assets down to $3.4 billion then back up to an all-time high of ~$6 billion.
How Lies Spread - The Irrelevant Investor
WEBMay 23, 2024 · 55% believe the economy is shrinking, and 56% think the US is experiencing a recession, though the broadest measure of the economy, gross domestic product (GDP), has been growing. 49% believe the S&P 500 stock market index is down for the year, though the index went up about 24% in 2023 and is up more than 12% this year.
A Few Thoughts On the Selloff - The Irrelevant Investor
WEBMichael Batnick. August 05, 2024. The stock market hit an all-time high last month. The rally was broadening out, and economic data and inflation were cooling, giving the Fed the green light to begin its long-anticipated cutting cycle. The VIX was low, and credit spreads were tight. And then boom, a powder keg of risk exploded out of nowhere.
Inflation is Cooling - The Irrelevant Investor
WEBMay 15, 2024 · While inflation is cooling, prices are still 3.4% higher than they were a year ago. And prices a year ago were 4.9% higher than the year before that. Prices are 21% higher than they were before the pandemic started. And of course, some are up a lot more than that. Economists might be pleased with today’s …
These Are the Goods - The Irrelevant Investor
WEBJun 2, 2024 · Private capital firms have taken more money from investors than they’ve distributed back to them in gains for six straight years. (By Robin Wigglesworth) We’re all living on borrowed time but some people are more aware of their countdown clock than others. (By Ben Carlson) The consumer is not dead - or even dying - …
It's Always Hard to Beat the Market - The Irrelevant Investor
WEBJun 18, 2024 · The Financial Sector ETF (XLF) provides access to financial stocks in the S&P 500, all within a single security. Learn more about the Select Sector SPDR Fund XLF. The S&P 500 is up 15.5% year-to-date. The average stock in the index is up 6%. The median stock is up less than 5%. It’s a hard year to beat the index. What else is new?
Why Investors Love Being Scared - The Irrelevant Investor
WEBMay 14, 2024. It’s hard to believe that I’ve been writing online for over a decade. WordPress has been a wonderful home to more than 2,000 posts (Proud of those units). It’s been a hell of a run, but it’s time to move onto bigger and better things. I’m switching to Beehiv to improve how we (the Royal) interact with our readers ...