Rocket Fuel

Posted by

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. how to use the recharge bunny commented on Jul 18

    how to use the recharge bunny

    […]just beneath, are quite a few completely not connected web-sites to ours, having said that, they are surely really worth going over[…]

  2. lollicock commented on Jul 19

    lollicock

    […]very few websites that occur to become detailed beneath, from our point of view are undoubtedly very well worth checking out[…]

  3. music news commented on Jul 19

    music news

    […]we like to honor quite a few other online sites around the web, even if they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  4. best hotel commented on Jul 20

    best hotel

    […]below you’ll come across the link to some web-sites that we believe you must visit[…]

  6. husky expert commented on Jul 21

    husky expert

    […]just beneath, are several completely not connected web sites to ours, having said that, they are certainly worth going over[…]

  7. djkhan commented on Jul 21

    djkhan

    […]Wonderful story, reckoned we could combine a few unrelated data, nevertheless seriously worth taking a appear, whoa did 1 master about Mid East has got far more problerms also […]

  8. Remote support commented on Jul 22

    Remote support

    […]very few internet websites that occur to become detailed below, from our point of view are undoubtedly nicely worth checking out[…]

  9. den rozhdeniya 19 iyulya commented on Jul 22

    den rozhdeniya 19 iyulya

    […]please stop by the internet sites we comply with, including this a single, as it represents our picks through the web[…]

  10. mp3 commented on Jul 22

    mp3

    […]although internet sites we backlink to below are considerably not associated to ours, we feel they may be essentially really worth a go through, so possess a look[…]

  11. تبلیغ گوگل commented on Jul 22

    تبلیغ در گوگل ادوردز

    Thank you for some other great write-up. Exactly where else could just anybody get that variety of information in this sort of an best implies of writing? I have a presentation next week, and I am on the search for this kind of info.

  12. Prazdniki s 12 noyabrya po 21 noyabrya commented on Jul 22

    Prazdniki s 12 noyabrya po 21 noyabrya

    […]please pay a visit to the sites we follow, such as this 1, because it represents our picks in the web[…]

  13. گردنبند ست commented on Jul 23

    خرید طلا

    Hi would you thoughts permitting me know which webhost you are utilizing? I have loaded your blog in 3 completely various browsers and I need to say this site loads a great deal a lot quicker then most. Can you recommend a great internet hosting provid…

  14. online marketing courses with certificates commented on Jul 23

    online marketing courses with certificates

    […]check below, are some completely unrelated web sites to ours, however, they’re most trustworthy sources that we use[…]

  15. rottweiler commented on Jul 23

    rottweiler

    […]just beneath, are numerous totally not connected web sites to ours, having said that, they’re surely really worth going over[…]

HowIInvestMyMoney