James Picerno's Opinion & Analysis
A complete archive of James Picerno's articles, including current analysis & opinion - Page 11
In mid-September, the bond market looked set to coast to a second year of recovery after a bruising run of back-to-back losses in 2021 and 2023. Since then, the market has lost altitude. Although a...
The appetite for US equity risk has wobbled in recent months, but on the first trading day after Trump’s election victory the bullish signaling revived on several fronts, based on numerous sets of...
Elections have consequences and so Donald Trump’s return to the White House as the 47th president will surely change the calculus. The policy differences between the Republican president-elect and...
Prior to the last several years, modeling the gold market was relatively straightforward. But a lot has changed in recent history, and so has the mix of factors that are front and center in gold’s...
The long-run performance outlook for the Global Market Index (GMI) ticked higher in October. Monday's revised forecast marks the first higher estimate in the past four months for GMI, an unmanaged...
Global markets suffered a broad-based downturn in October. For the first time since April, a majority of the major asset classes posted monthly losses based on a set of ETF proxies. The upside...
What a long, strange trip it’s been for some analysts since the summer of recession forecasts turned into yesterday’s robust 2.8% rise in third quarter GDP. A key driver of Q3’s advance: higher...
In the competition for 2024 calendar performance, there’s no competition. Momentum and large-cap growth factors continue to outperform the rest of the field by a wide margin, based on a set of ETFs...
The backup in Treasury yields may be a warning sign that the odds are slipping that the Federal Reserve will cut interest rates again at the next policy meeting on Nov. 7.
The policy-sensitive 2-year...
The last full week ahead of the US election is jam-packed with key economic reports. As a result, the potential for surprises that could sway voters is in high gear in the days to come. Here’s a...