Tom Essaye Quoted in Benzinga on January 22, 2020
Tom Essaye, founder of Sevens Report Research, said investors should be prepared for more Wuhan headlines to move markets in coming weeks.
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Tom Essaye, founder of Sevens Report Research, said investors should be prepared for more Wuhan headlines to move markets in coming weeks.
According to Sevens Report, the two factors that could reverse the upward trajectory of valuations would be stalling economic growth and higher interest rates. Until those occur, the rally is expected to shoot up to “20 times earnings, which equates to about 3,500 in the…”
“This rally now has a life of its own. I do want to caution that any pullback that occurs (and there will be one) likely will be a bit more…” writes Tom Essaye of the Sevens Report newsletter.
“People are getting too optimistic in the short-term. We keep pricing in all this really good stuff that’s going to happen, but it has not shown up yet…” said Tom Essaye, founder of The Sevens Report.
“Phase one is behind us and it met market expectations. Now the very real question of whether phase one…” Tom Essaye, the founder of The Sevens Report, said in a note.
“Nothing in phase one will specifically add much to global [economic] growth…” wrote Tom Essaye, president of the Sevens Report in a Thursday note to clients.
“Unless we begin to see significantly colder temperatures show up in the extended forecasts into the back…” said Tyler Richey, co-editor of Sevens Report Research.
Oil prices had spent the front half of the week moving lower “largely thanks to lingering oversupply concerns and a continued unwind…” said Tyler Richey, co-editor at Sevens Report Research.
“Phase one is behind us and it met market expectations,” said Tom Essaye, founder of The Sevens Report, in a note. “Now the very real question of whether…”
“The modern economy is powered by semiconductors,” said Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter. “Semiconductors are extremely important and…”
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