Barons Contrarian Cover | Negative GDP Details | Fed Rate Cuts? | Unemployment Was Fine | Sell in May? | S&P 500 After Near Bear Markets 1-Year Later
By Derek Moore
Show Summary:
Derek Moore talks through what caused the negative GDP number and compares it to 2022 Q1’s more negative print. Hint, it’s those darn imports and exports. Should you sell in May and go away? Plus, whether the Fed may do anything at the May meeting. Unemployment was ok while inflation hasn’t gone back up so why won’t they cut? What happens 1-year later after an almost bear market (less than -20% drawdown)? All that plus some volatility talk.
You can click below to listen:
Or Your Favorite Podcast App to Listen and Subscribe to Get Notified of New Episodes
The listening experience is better if you download the Spotify app, Apple Podcasts app, or your preferred podcast app and subscribe or follow so that you get each show as it is published.
Topics Include:
- Components of GDP
- Net exports calculation
- When markets have a near bear market how much on average is the market higher 1-year later?
- What is an almost bear market?
- Unemployment review after Friday’s release
- Will the Fed cut rates at the May meeting?
- Scott Bessent says the 2-year treasury is telling the Fed to cut
- Comparing various CPI inflation rates in March
- AAII investors still mega bearish
- Barrons polls market people who are most bearish in 30 years
- Is the Barrons cover a contrarian signal?
- Why the Fed didn’t end inflation in 2022, and their rate increases didn’t do anything
- Sell in May and go away?
- Best historical time periods for returns
Mentioned in this Episode
Scott Bessent US Treasury Secretary says the Fed needs to cut
Jay Pestrichelli’s book Buy and Hedge
Derek’s new book on public speaking Effortless Public Speaking
Derek Moore’s book Broken Pie Chart
Contact Derek
Last Week’s Episode:
Is The Bottom In? | Now They Change Their S&P 500 Targets | Apple Earnings Implied Volatility Expected Move |