Rocket Fuel

Let me set the scene for you:

* There is a Debt Deal in the works that removes the ceiling and related draconian cuts from the discussion til at least February. Out of sight, out of mind.

* There is no election this fall.

* There is no war with Syria and high level talks are happening with Iran for the first time in decades.

* The incoming Fed Chairperson is the most dovish in the institution’s 100 year history. There will be no taper talk whatsoever so long as employment data remains muted. At least not this quarter and probably not until the spring barring a huge tsunami of good economic news.

* Stock markets around the world are selling at fair to absurdly cheap valuations.

* The banks are as highly capitalized as they have ever been.

* Home prices are back to long-term trend and appreciation continues despite recent mortgage slowdown – normalization being the operative word.

* US households reclaimed the 2007 peak in total net worth and have now surpassed it.

* Small and mid cap stocks are at all-time highs and yet still under-owned by the largest pools of capital in the US – pensions, endowments and insurance companies.

* Going back 110 years, when the Dow has been up in the first half, it’s finished the year strong with gains in the back half 70% of the time.

* Hedge funds are at their highest net short positions since January and have massively trailed every equity benchmark you can think of.

Thats the set-up going into year-end.

What happens from here?  My guess would be that we have all the rocket fuel we need for an explosion.

Your thoughts?

 

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Site showon: Invalid commented on Apr 17

    Site showon: Invalid

    […]Every once inside a when we choose blogs that we read. Listed below are the most current websites that we choose […]

  2. happiness kingdom travels bhutan commented on Apr 18

    happiness kingdom travels bhutan

    […]that may be the end of this article. Here you will uncover some web pages that we believe you will value, just click the links over[…]

  3. travel places brazil commented on Apr 18

    travel places brazil

    […]that may be the finish of this article. Right here you will find some web pages that we assume you will value, just click the hyperlinks over[…]

  4. travel agencies eau claire wi commented on Apr 18

    travel agencies eau claire wi

    […]always a significant fan of linking to bloggers that I adore but don’t get a whole lot of link enjoy from[…]

  5. g fashion pondicherry commented on Apr 19

    g fashion pondicherry

    […]Here are some of the web pages we advise for our visitors[…]

  6. j jill fashion mall indianapolis commented on Apr 19

    j jill fashion mall indianapolis

    […]here are some hyperlinks to sites that we link to simply because we feel they are really worth visiting[…]

  7. fashionable robes commented on Apr 19

    fashionable robes

    […]although websites we backlink to beneath are considerably not related to ours, we feel they are basically worth a go by means of, so have a look[…]

  8. fashion week big 4 cities commented on Apr 20

    fashion week big 4 cities

    […]Every once in a when we opt for blogs that we read. Listed beneath would be the newest sites that we choose […]

  9. easy work from home job commented on Apr 20

    easy work from home job

    […]Here are several of the web pages we advise for our visitors[…]

  10. brand keywords commented on Apr 20

    brand keywords

    […]Here are a few of the web sites we advocate for our visitors[…]

  11. c lifestyle commented on Apr 20

    c lifestyle

    […]we came across a cool internet site that you may possibly get pleasure from. Take a appear for those who want[…]

  12. Cheap Texas Rangers Jerseys commented on Apr 20

    Cheap Texas Rangers Jerseys

    […]the time to read or stop by the content material or web-sites we have linked to below the[…]

  13. hip hop beats commented on Apr 20

    hip hop beats

    […]that will be the finish of this post. Here you will uncover some web-sites that we consider you will value, just click the hyperlinks over[…]

  14. ladies t shirt fashion commented on Apr 21

    ladies t shirt fashion

    […]Wonderful story, reckoned we could combine some unrelated data, nevertheless actually worth taking a search, whoa did one find out about Mid East has got extra problerms as well […]

  15. سرور مجاری فرانسه commented on Apr 21

    سرور مجاری فرانسه

    […]always a big fan of linking to bloggers that I appreciate but really don’t get a whole lot of link like from[…]