Jason Kelly Intelligence

Jeff Sommer at The New York Times faced the fog of stock-market uncertainty, and readers attacked him for it. But he wasn’t wrong. The stock market is uncertain, which is why you need a system.

Show notes with links and comments at:

https://jasonkelly.com/podcast/

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit jasonkelly.substack.com/subscribe

Earnings season is not killing stocks, small caps roar back, and doubt about our economic growth model is no reason to abandon stocks.

A few weeks ago, bears warned that if you thought the stock market had been rough this year through June, just you wait until second-quarter earnings stink and the bottom falls out.

Well, we’re a couple of weeks into it and all is well.

Show notes with links and comments at:

https://jasonkelly.com/podcast/

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit jasonkelly.substack.com/subscribe

BlackRock downgrades stocks but still recommends them for the long term, so it must be recommending short-term timing, which doesn’t work.

Plus, the bond market catches a bid and yields are falling; and PepsiCo, for one, is doing fine in this inflationary environment.

Show notes with links and comments at:

https://jasonkelly.com/podcast/

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit jasonkelly.substack.com/subscribe

The Kelly Letter goes all-in to stocks, inflation is stabilizing, and past stock-market declines like this one led to solid recoveries.

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit jasonkelly.substack.com/subscribe