Bryan Perry
A Non-Bank Financial Sector Paying Double-Digit Yields Stands to Benefit
The failure of three regional banks and the challenges facing the entire sector remain in high focus of market participants this past week, after it was disclosed that PacWest Bank (PACW) saw another round of deposit flight, this time 9.5%. Despite some banks showing a pause in withdrawals, sentiment remains largely bearish as the rising […]
Recession Resistant REITs Priced at Attractive Valuations
It has long been held that owning homes and apartments has been one of the better inflation-sensitive assets for managing through periods of higher inflation. And due to the supply shortage of affordable shelter brought on by the pandemic, the housing market in many cities with strong migration trends has not seen prices come down […]
Investors Brace for Fed Pause or Push for More Hikes
Last week’s stand by the stock market to close out the month of April breathed a temporary sigh of relief, but that pop in the major average applied primarily to investors who were long in so-called FAANG stocks, “Mr. Softie”, the S&P and Nasdaq, where these equities are heavyweight components. Aside from mega-cap tech, consumer […]
Market Reaches a Hard Fork in the Road
The next two weeks are likely to be where the S&P finally breaks out of its tight trading range of 4,100-4,150. The number of conflicting data points, adjustments in earnings guidance and Fed rhetoric are giving rise to the notion that the market has to break one way or the other. This past week saw […]
Market on Guarded Watch For SVB 2.0
Opinions about how the first quarter earnings season is going to play out are very mixed. There are those that believe the market’s resiliency is about to get a major wake-up call where profits and guidance will sorely disappoint, and there are just as many that believe the companies are going to deliver top- and […]
First-Quarter Earnings Likely to Be the Trough
Nothing resolves market ills and pains more than corporate profits. The old saying of “sales fixes everything” applies to just about every kind of business, but for the stock market, a more fined-tuned saying of “earnings fixes everything” seems fitting, especially after the first-quarter rollercoaster ride of risk incurred by investors. The bulls have made […]