We can file the original post (below) under the "things that did not age well during COVID" category. I just read the news that Mozilla, the company behind Firefox, will be cutting 250 jobs - which is 25% of its workforce. You can read the article for more
There are a lot of opinions floating around about who caused what, when it changed, and what the future impacts will be. At SEM we choose to ignore those opinions and instead focus on the data. This week’s Chart of the Week will take a closer look at
Stock market cheerleaders often point to the high earnings growth rate projections when recommending investors “buy any dip” in the stock market. Last week we highlighted both the very high expectations for earnings growth along with a big increase in the “multiple” (Price/Earnings ratio). Essentially,
The stock market is supposed to be “efficient”, which means it is pricing in the current value of all future earnings for the component companies. Of course, nobody knows what those future earnings will be, so we often see wide swings between investors who are overly optimistic and
Last March the markets panicked as the yield curve “inverted”. It inverted once again this week causing a sharp sell-off on Wednesday. An inverted yield curve means short-term interest rates are higher than long-term interest rates. This has long been known as a leading indicator of a recession.
