Market Commentary
Stock Market Gains Likely To Slow
Submitted by Flynn Zito Capital Management on May 25th, 2021Economy Picking Up Speed
Submitted by Flynn Zito Capital Management on May 17th, 2021The economic recovery continues, as the recipe of vaccines, the reopening, and record stimulus all have combined to produce what should be one of the best years for growth ever. Although some economic indicators could be peaking or about to peak, the stage is set for this cycle of growth to continue for many years, which may surprise some investors.
Amazing Earnings Season
Submitted by Flynn Zito Capital Management on May 10th, 2021Is All The Good News Priced In?
Submitted by Flynn Zito Capital Management on April 26th, 2021Last week we discussed whether stock prices might be reflecting peak optimism. In that commentary we noted that while sentiment may be overly optimistic and a pickup in volatility would be totally normal, strong breadth measures suggest stocks still may have more upside. This week we tackle that same topic of peak optimism, but by looking at some valuation metrics.
Peak Optimism?
Submitted by Flynn Zito Capital Management on April 19th, 2021The Earnings Boom Is Here
Submitted by Flynn Zito Capital Management on April 12th, 2021The outstanding fourth-quarter earnings season we had in 2020 is a tough act to follow, but 2021’s first quarter has the makings of another potentially great earnings season. The reopening of the economy continues to move forward, and corporate America has done an excellent job managing through the pandemic.
Raising Forecasts…Again
Submitted by Flynn Zito Capital Management on April 5th, 2021The U.S. economy’s recovery from the pandemic continues to surpass our expectations, aided by the accelerating vaccine distribution, massive stimulus, and America’s desire to resume some semblance of normal daily life. Despite having raised our 2021 economic and earnings growth forecasts on February 8, we are doing so again.
Are We on the Brink of an Inflation Crisis?
Submitted by Flynn Zito Capital Management on March 29th, 2021There is a growing debate over whether an expanding economy, in conjunction with historic fiscal and monetary stimulus, may cause inflation to overheat. Adding to the intense debate, the Federal Reserve (Fed) has shifted its policy framework, potentially allowing inflation to run a little hotter than it has in the past.