Rich Insights

Airlines face a challenging future and are down roughly 50% YTD.  Is it time to try to “catch the falling knife?”

Small caps significantly outperformed Large caps last week (3.6% vs. 1.2%).   Should we expect this outperformance to continue?

When I think about structural shifts in U.S. consumer behavior, here's what is interesting to me:

Are the credit markets sending a warning sign?  The credit markets are saying a lot, by not saying anything.  Listen to this episode and figure out why!

In today’s Rich Insights video we look at the fundamental source of today’s excessive risk taking...Yes, there is a fundamental basis for all of the craziness we are witnessing.

In episode  we cover:

The mindset in Europe is changing.  The Recovery Fund and other recent measures suggest the Europeans are ready to provide meaningful stimulus and ignore their concern over “spending more than they make” (i.e., start “living beyond their means” like the U.S.).

This structural shift in mindset & policies will likely generate Euro strength / U.S. dollar weakness.

In today’s daily Rich Insights, we review examples of excessive risk taking and what it means for #markets.

In today’s daily Rich Insights video we review (i) the construction and interpretation of LEIs and (ii) interpret the meaning of the current LEI levels for the U.S. and the world.

By several metrics, it appears the depths of the slowdown occurred in April, not May.  The month-to-month bounce in May’s macroeconomic data is encouraging, no questioning.

Yet, the first 20% improvement is much easier than the last 20%.  In addition, we may be too focused on the April to May comparison, as seasonal effects normally result in an improvement in May.