The performance gap between tech and the rest of the market
/in Investing, Reports/by Customer Service“The performance gap between tech and the rest of the market is so wide that it’s reasonable to expect continued closing of that gap as markets more fully embrace the idea of the start of a rate cutting cycle,” summarized Sevens Report founder Tom Essaye.
I think this will cause a bit of a correction
/in Investing, Reports/by Customer Service“I think this will cause a bit of a correction, and a bit of a widening. How long it lasts depends on growth.” Sevens Report Research’s Tom Essaye tells Barron’s.
The Fed needs a few more ‘good’ reports on inflation
/in Investing, Reports/by Customer Service“Stepping back, the Fed needs a few more ‘good’ reports on inflation to cut rates in September. This can be one of those needed ‘good’ reports and keep the rally rolling (although it won’t be a new, positive catalyst as markets already assume ongoing disinflation),” said Tom Essaye, founder of Sevens Report Research, in a note.
The Important Question in a Noisy Market
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: The Important Question in a Noisy Market
Market Impact of the Assassination Attempt on Former President Trump
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Market Impact of the Assassination Attempt on Former President Trump
Was Yesterday’s CPI Another Bullish Catalyst?
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Was Yesterday’s CPI Another Bullish Catalyst?
The market is just sort of drifting around
/in Investing, Reports/by Customer Service“The market is just sort of drifting around,” Sevens Report Research’s Tom Essaye told Barron’s in a phone interview.