As a result, it is now priced at just 19x normalized cash flow and a 4.2% dividend yield, which is very reasonable for a defensive company that's growing at this pace. The...
How quickly and deeply will economic growth slow? That’s the critical question, but the future being the future the answer is unclear. What we do know is that headwinds are building. We also...
In stagflationary environments, where growth is slowing but inflation is high, many types of asset prices tend to consolidate sideways in big volatile ranges, with sharp drops and sharp bounces along...
Headwinds are building for the US economy, stoking forecasts that recession risk is rising. The labor market, however, remains resilient, suggesting that the economy will continue to expand for the near term.
Private payrolls...
The Russian invasion of Ukraine in February 2022 brought dramatic uncertainty to the world’s capital markets. As a result, commodities prices spiked suddenly, led by strong bullish trends in crude oil, gold, and...
