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.
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.
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.
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.
Investment Committee Member Paul Meeks, CFA, CAIA looks at apple stock earnings and other big tech earnings on CNBC Power Lunch. Watch here!
Portfolio manager Paul Meeks, CFA, CAIA weighs in on Boeing stock and why Boeing’s wounds are self inflicted. Read here for full details.
Portfolio manager Paul Meeks, CFA, CAIA talks about semiconductors, tech parts crunch, and tech stock earnings in Barron’s. Learn more!
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!
In April 1980, which was at the end of President Jimmy Carter’s single (no surprise) term in office, inflation in the US peaked at 14.6%. Inflation is commonly measured by the Consumer Price Index (CPI). Think of it as the price of a basket of goods that most of us buy frequently. About a year and a half later, specifically in September 1981, President Ronald Reagan was still trying to tame inflation; and interest rates were sky high in response.
Paul Meeks, CFA, CAIA, is on CNBC’s Power Lunch to talk about recent tax hikes and how it can hurt big tech. Watch here for the details!