Tag: Nasdaq

The NASDAQ Could Re-Test COVID Lows & The Rise of High Yield

The NASDAQ Could Re-Test COVID Lows & The Rise of High Yield

Could the NASDAQ re-test the COVID lows of March 2020 when it sat around 6,900? Yes. That would require a prolonged recession (which we expect) AND The Fed not restarting its ultra-dovish monetary policy of Quantitative Easing combined with a near zero Fed Funds Rate. Who knows how the Fed will behave in 2H 2023 … Continue reading The NASDAQ Could Re-Test COVID Lows & The Rise of High Yield

A NASDAQ Bottom. QT Or Not To QT?

A NASDAQ Bottom. QT Or Not To QT?

If the Fed raises by 100 BPS tomorrow we believe there is another 10% downside to the NASDAQ before October earnings. We believe the NASDAQ will continue to work lower as the Fed hikes its Fed Funds Rate and as Treasury yields climb. We expect the Fed's rate hiking will stop by early next year … Continue reading A NASDAQ Bottom. QT Or Not To QT?

In Case Of Emergency Break Glass

In Case Of Emergency Break Glass

In the pursuit of curbing price inflation Fed Chair Powell will be willing to break some glass... Speculative asset classes such as crypto, rare automobiles, fine art: YES. This has already happened to a degree, especially as it relates to crypto currencies and publicly-traded companies that have exposure to crypto such as Coinbase (COIN). There … Continue reading In Case Of Emergency Break Glass

Living On The Edge: Investor Sentiment Feels Like 2008

Living On The Edge: Investor Sentiment Feels Like 2008

Investors are too optimistic. The economy and markets will get worse before they get better. We climbed high during 2020 and 2021 due to manufactured "stimulus" in the absence of production which could only end in inflation. Given the nose-bleed heights brought on by artificial excess, we have far to fall as markets, asset prices … Continue reading Living On The Edge: Investor Sentiment Feels Like 2008

NASDAQ: Further To Fall

NASDAQ: Further To Fall

Some months ago we stated that the NASDAQ Composite had 40-50% downside. On March 8th we said another 20-30% downside. This implies a NASDAQ Composite of around 9,000. Thus, we have further to fall. Interest Rates: Rates are going higher regardless of what the Fed does (other than more QE of course). Economy: There will … Continue reading NASDAQ: Further To Fall

NASDAQ Is Social Engineering Boards

NASDAQ Is Social Engineering Boards

NASDAQ's (ticker: NDAQ), Board diversity proposal is one that puts gender and race ahead of meritocracy. Why should someone's gender or race matter regarding Board selection? Also, why should Board member race and gender be tracked and reported? Where does a prospective Board member's career experience fit into this equation? A Board member candidate's reputation … Continue reading NASDAQ Is Social Engineering Boards

Our Interactive Fintech Table Is Now Available

Our Interactive Fintech Table Is Now Available

We have updated our interactive Capital Markets Fintech comp table to include Q3 2020 financial data and related content. Included are links to our CEORater database, investor presentations, earnings call transcripts and more. Our interactive comp table includes 17 Capital Markets Fintech companies. We plan to introduce new sectors (Payments Fintech and Enterprise Software) to … Continue reading Our Interactive Fintech Table Is Now Available

Capital Markets FinTech Update<span class="badge-status" style="background:red">Premium</span> 

Capital Markets FinTech UpdatePremium 

In the midst of the most exuberant Tech bubble in history we offer an alternative. We have updated our list of FinTech names, some of which are reasonably valued. Click on the thumbnail below to access the table in large format. Subscribers may access the table in spreadsheet format behind the paywall ($19.99). Click on … Continue reading Capital Markets FinTech UpdatePremium