When people talk about market risk, they often reference Nassim Taleb’s book “The Black Swan.” A “black swan” event is one that is extremely rare, hard to measure but exerts a materially negative impact on capital markets. By contrast, Michele Wucker coined the term “Gray Rhino” to describe obvious risks that are being ignored.
Author: Independent Solutions Wealth Management
Paul Meeks – Stock Market & Economy Worries
The market is efficient. That is, available information is immediately baked into securities prices. When I was a young analyst, that was not necessarily the case. I knew stuff that you did not, and that was not fair. You would think that regulators closed that loophole.
Apple Stock Market Outlook After Announcement of New Product Line
Investment Committee Member Paul Meeks of ISWM was on Cheddar TV to discuss Apple stock market outlook after they announced new product line. Watch here for the full interview.
Meeks’s Musings: I Am A Bit Relieved – Inflation in the U.S.
I have been worrying about inflation, particularly wage inflation, as our economy reopens. Inflation can crush the valuations of growth stocks and other “long duration” assets. However, the spreading of COVID’s delta variant and recent indications of a quicker economic slowdown.
Two Doesn’t Usually Make A Trend But What If It Does This Time?
Inflation readings were scary in April and May with the Consumer Price Index (CPI) up a respective 4.2% and 5.0%. Why should you care? If you think that inflation is transitory then you should not worry. That is our central bank’s — the Federal Reserve Board’s — official stance.
Are We Headed Back to the Low Economic Growth and Low Inflation Scenario of the Last Decade?
As I listen to and read about the fears of above-average inflation and rising interest rates I also hear and read about a labor shortage and a shortage of finished product inventory.
Paul Meeks Looks At Big Tech Earnings And Worried About Apple (AAPL)
Investment Committee Member Paul Meeks, CFA, CAIA looks at apple stock earnings and other big tech earnings on CNBC Power Lunch. Watch here!
Boeing Will Survive Its Wounds but Too Many Have Been Self-Inflicted
Portfolio manager Paul Meeks, CFA, CAIA weighs in on Boeing stock and why Boeing’s wounds are self inflicted. Read here for full details.
How Bad is the Parts Crunch? – Tech Earnings Start Monday
Portfolio manager Paul Meeks, CFA, CAIA talks about semiconductors, tech parts crunch, and tech stock earnings in Barron’s. Learn more!
Tech Stock Rotation Could Be Overdone
Portfolio manager Paul Meeks, CFA, CAIA is on CNBC’s “Squawk Box” to discuss the rotation out of tech stocks. Watch the video for details!