2 CEFs Custom-Built for This Crash (7.8% yields ahead)

Our Archive

Search completed

The Contrary Investing Report >

Let’s set aside the noise and talk about the one thing that matters most in a volatile market like this: earnings.

According to recent FactSet data, analysts expect negative earnings growth in the first quarter of 2020. That’s no surprise, given the battering the coronavirus is laying on some sectors of the economy.

But even so, the projected decline as I write was still reasonable: just 0.1%. Things can still change, of course, but it’s important to note that this modest decline comes after a fourth quarter in which earnings grew following three straight quarters of declines—and despite analyst expectations of a 1.7%… Read more

Read More

American consumer spending is a funny thing.  For years, throughout much of the 00’s, we watched in amazements as the US consumer went on the greatest spending binge in the history of Planet Earth. First, we spent all the money we had.  Then, we spent all the money we didn’t have.  We borrowed against our […]

Read More

Categories