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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 32

The long-term return return estimate for the Global Market Index (GMI) edged up in February, rising from January’s estimate — the first increase in three months. Today’s revised...
Stock markets around the world led returns for the major asset classes in February, topped by US shares, based on a set of ETFs.Bonds, by contrast, declined, in the US and abroad while commodities...
The premise of the momentum factor draws on an empirical fact: price trends persist until they don’t. The latter point is the tricky part and so it’s never quite clear when the party will...
Recent US recession forecasts look set to fail again for the first-quarter economic profile, based on the current lineup of Q1 GDP nowcasts.Output remains on track to slow in the first three months of...
The strong year-to-date gain in the US stock market is broad-based, led by shares in communications services and health care, based on a set of sector ETFs through Monday’s close (Feb. 26).But...
The Federal Reserve remains data dependent, as the central bank’s chairman Jerome Powell likes to say, and perhaps that’s especially true now as policymakers weigh the prospects for when...
The surge in demand for demand Nvidia's (NASDAQ:NVDA) computer chips for artificial intelligence (AI) applications inspires some observers to claim that a new era for the economy is dawning.AI, runs...
The latest inflation data is sticky, but the markets have only delayed rather than canceled expectations that the Federal Reserve will start trimming interest rates in the near future.Some analysts...
What are the choices for monitoring and estimating recession risk? Slightly lower than the number of stars in the universe. Ok, I’m exaggerating, but not much.The good news: the search for...
Growth remains on track to soften in the first quarter, based on the median GDP nowcast for a set of estimates compiled by CapitalSpectator.com.Although recession risk is still low, output looks set...