Historic Inverted Yield Curve and Bonds Explained
https://youtu.be/OtmDbPpG9o8 Most people don’t understand the relationship between interest rates and bond price performance. In this market update we explain that relationship and what is going on with the yield curve. Currently the yield curve has been inverted for a historic length of time. Watch to learn why this is important and what THOR’s fixed […]
Why Gold Miners Should Perform Well
https://youtu.be/vRk53Y4McKQ Over the last 3 years gold has hit the $2000 price resistance level on three separate occasions. There is a good chance Gold will break that resistance over the next few weeks and move higher. Watch our market update to learn more.
Federal Deficit – The Flawed Modern Monetary Theory (MMT)
https://youtu.be/1S-gwR0fE_s Over the past few years, some politicians have espoused Modern Monetary Theory (MMT) to increase government spending. This flawed theory has increased our deficit and inflation at the same time. Watch our recent market update to learn more.
Student Loan Repayments – Impact on Consumers
https://youtu.be/FqD9ZfcB8g8 Student loans must start being paid back in October. In this update, we break down the balance profile and age groups to show where the problem truly lies. The good news is that because of the negative headlines, those students under the age of 30 are taking out less in student loans than they […]
Stocks vs. Bonds: Which Are More Attractive?
https://youtu.be/0sqabnhK6zY We often hear the question: Is the stock market expensive? To answer that question, we need to compare stocks to other investments, like bonds. In this video, we compare stocks and bonds to determine which is most attractive today.
This Time – It Is Different
https://youtu.be/foEJZnrRw9c In this market update we show why the recent positive stock performance is different from past bull markets. We are seeing large spreads and volatility in the percentage of stocks above their 200 day moving averages. It shows us that the internals of the stock market are not healthy.
Why Earnings Quality Matters
https://youtu.be/fK8sVzVFs84 Several news outlets have talked about the deterioration in the quality of corporate earnings. Most companies report on both a GAAP and Non-GAAP basis. We are seeing many companies (especially technology companies) pay more of their workers in the form of stock compensation, which can enhance reported (Non-GAAP) earnings. The value of a company […]
3 Reasons Inflation Will Be Sticky
https://youtu.be/tEgRCUXgHCQ Inflation has fallen but will remain sticky. The energy transition, wages and global food policies will continue to cause inflation pressure. Thus, the Federal Reserve will have to keep rates higher for longer.
Be Careful of Edited Charts
https://youtu.be/ToK8uguojWA People use charts to tell a story. However, these charts and numbers can be manipulated to tell an intended narrative. In this update, we use three current examples of charts that don’t tell the “complete” story.
2023 – Top Stocks Driving the Return
https://youtu.be/kpasqYogTuE Even though the S&P 500 Index is up over 8% this year, it is being driven by only 7 companies. The equally weighted S&P 500 index is only up 1.26%. The Russell 2000 Index, which is made up of smaller companies is only up 0.64%. In addition, International stocks are outperforming the average US […]