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James Picerno

  • Analysis & Comment

James Picerno's Comment & Analysis
A complete archive of James Picerno's articles, including current analysis & comment - Page 19

Betting against momentum and large-cap growth continues to be a losing proposition, at least in relative terms, for positioning US equity portfolios in 2024, based on a set of factor ETFs. These risk...
The long-term performance forecast for the Global Market Index (GMI) continued to edge lower in September. Today’s revised estimate marks the third straight month of decline for GMI, an unmanaged...
Emerging-market stocks surged in September, delivering the lead performance for the major asset classes, based on a set of ETFs. Real estate shares were also strong performers last month, extending...
The resonance of summer warnings that the US economy is on the precipice of recession continues to fade from the perspective of the upcoming third-quarter GDP report. The latest run of numbers...
The case for categorizing commodities as one asset class has always been a shaky affair based on convenience rather than logic. The economic factors driving prices of specific types of raw materials...
Markets are highly confident that the Federal Reserve will announce another cut in interest rates at the next policy meeting on Nov. 7, two days after the election. The uncertainty is whether the cut...
The odds continue to look favorable that the US will dodge an NBER-defined recession through the end of the third quarter. Q4 still looks more challenging, but that’s guesswork at this point. By...
You might think that war in the Middle East, heightened geopolitical risk elsewhere, and the potential for turmoil in the upcoming US election would spell trouble for world stock markets. But a...
Everyone’s favorite precious metal is red hot this year, rising nearly 27% through Friday’s close (Sep. 23). Gold’s rally beats the strong runup in US stocks as well as rallies in the major asset...
US economic activity remains on track to post a softer but still-solid growth rate in next month’s official GDP report for the third quarter. The analysis is based on the median estimate from several...