We were in Arizona last week and had the opportunity to be a tour guide to somebody who had never visited the Southwestern US. The whole week she was in awe about the beauty and how much you can see. The cover image today was the sunset on our last
Last week I laid out the main talking points I have been using on advisor calls: the AI buildout is getting more expensive, the new Fed Chair appears serious about inflation, inflation itself is showing signs of becoming more structural, and despite all of that, earnings growth and the economy
The latest edition to SEM's Investment Management team, George Moore (introduced below), asked me earlier last week if I needed him to find some charts or data for the blog article I was writing. I told him my process varies based on the markets, my week, and sometimes my
Probably the most frustrating thing for investors to learn is the relationship between economic growth, inflation, interest rates, and stock prices. Often during times of prolonged growth for stock prices we hear about a "Goldilocks" economy where growth and inflation are not too hot and not too cold. This allows
What can stop the AI momentum train? While more and more big name investors voice their concern about the stock market mania, nobody really knows what exactly will stop it. (Michael Burry, made famous by "The Big Short" has been the most vocal, but Paul Tudor Jones, Jim Chanos, Peter
