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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 54

Global Markets Post Widespread Losses Last Week
By James Picerno - Feb 13, 2023
This year’s rebound in global markets hit some turbulence last week, with the exception of commodities, based on a set of ETFs through Friday’s close (Feb. 10).WisdomTree Enhanced...
Will the Recovery in U.S. Bonds Continue?
By James Picerno - Feb 10, 2023
After taking a beating last year, US fixed income securities have clawed back some of the losses so far in 2023, based on a set of ETFs through yesterday's close (Feb. 9). But with the Federal Reserve...
Is It Risk-On Again?
By James Picerno - Feb 09, 2023
This year’s rebound in asset prices around the world suggests that investor sentiment is shifting to risk-on after a year of playing defense. Trying to divine the future for pricing is always...
The U.S. stock market rally this year continues to be led by so-called high-beta stocks, which are outperforming the broad market by a wide margin, based on a set of proxy ETFs through Monday’s...
American shares rallied for a second week, leading an uneven trading week for the major asset classes through Friday's close (Feb. 3), based on a set of ETFs.Although stocks sold off on Friday after...
Treasury Market Predicts Fed Rate Hikes Are Done
By James Picerno - Feb 03, 2023
The Federal Reserve raised interest rates again this week and Chairman Jerome Powell says more hikes are coming. The bond market disagrees.The 2-Year Treasury yield – widely monitored as a proxy...
The energy sector has been red hot for much of the past year, but there are still pockets in this corner that remain battered, at least in relative terms. Notably, oil and gas equipment stocks remain...
Economists were expecting a decline, but the 1.1% slide in retail spending in December was deeper than expected. Even worse, the monthly slide marks the second straight decline. It could be noise, but...
It’s too early in the new year to draw hard conclusions, but the initial results for 2023 through the first half of January show a broad-based rally in most equity factors led by so-called high...
Is U.S. Labor Market Resilience Poised to Fade?
By James Picerno - Jan 12, 2023
Recession forecasts are flying left and right lately, but the main pushback is the labor market. The growth rate for nonfarm payrolls is slowing, but gradually and the latest numbers for December...