Happy Wednesday! In this edition of Wednesday's Weekly Perspective, we've got your top content of the week including articles, commentaries, a podcast episode and more. Sit back, relax and catch up on what financial professionals are finding most insightful this week:
1. [Article] Jim Bianco: The Fed Will Crush Inflation and with it, the Stock Market
By Robert Huebscher
In this popular piece, Robert Huebscher recaps Jim Bianco's virtual talk at the Strategic Investment Conference, hosted by John Mauldin. Bianco says the Fed will continue to raise rates until inflation “really moderates,” meaning it needs to get back to the target of 2% inflation. If the Fed stops raising rates short of reaching its target inflation, Bianco said it risks losing its credibility “for a generation.”
2. [Article] Why Advisors Should Never Use the Words “Follow-Up”
By Ari Galper
Ari shares an important tip for advisors looking to convert prospects: Never use the phrase “follow-up” in your conversations or your emails ever again. The phrase is too closely associated with salespeople, meaning it sends the message that you care about making the sale more than solving a potential client's problem.
3. [AP Charts] Is the Market Still Overvalued?
By Jill Mislinski
AP Charts tracks four major market valuation indicators each month - the Crestmont Research P/E Ratio, the cyclical P/E ratio popularized by Robert Shiller, the Q Ratio, and the S&P's regression to trend. Jill Mislinski compares all four of these through their percentage above or below their mean value over time. The average of these four methods shows they are at their highest valuations in history.
4. [Commentary] Bull Market In Bonds Set To Return With A Vengeance
By Lance Roberts of Real Investment Advice
Lance Roberts says a bull market in bonds is set to return with a vengeance as the Fed once again makes a policy mistake. The Federal Reserve has only just begun its rate hiking campaign to tighten monetary policy. Lance points out, however, that the bond market is already rapidly tightening policy which will slow consumption through higher borrowing costs.
5. [Podcast] We are On the Brink of a Global Downturn
Featuring Michael Belkin of The Belkin Report
The Belkin Report is a proprietary forecast model that focuses on sectors, groups and individual stocks, with a particularly strong emphasis on sector rotation. The report also features a macro view on global market developments, with a critical eye on central bank credit operations. In this episode of Gaining Perspective, host Bob Huebscher is joined by Michael Belkin, an independent financial market strategist and creator of the Belkin Report.
