Same stuff, different day! Just another reminder that news headlines and market risks are not always the same day to day or month to month but they do rhyme.
The latest headlines on rates, tariffs, earnings, recession, and geopolitical issues are mostly generated in today's media for clicks and not for real newsworthy items - sorry to be stating the obvious. We prefer to stay focused on money not politics and this earnings season is no different.
According to Bloomberg, nearly 80% of companies have reported and they are beating estimates by and large by over 13% or more. Then the all-telling "yeah but...." crowd will say something like, rates or tariffs or consumer weakness or recession, blah blah blah..... All in an effort to get you to sell off your winners and generate fear into the marketplace so that Wall Street can try and pull back into this market - which by all accounts most fund or hedge fund managers have missed greatly.
We're staying the course by acquiring stocks that are the dominant players worldwide and that will adjust to any and all difficulties due to ...... whatever. As our good friend, Keith Fitz-Gerald reminds us of almost daily, BUY THE BEST and avoid the rest!!!
Need more or just need some analysis on what you own - give us a ring, 262-456-3535.