Weekly Market Commentary for July 26, 2021

Weekly Market Commentary for July 26, 2021

The Markets Shortest ever. Last week, the National Bureau of Economic Research (NBER) finally announced the official dates for the recession that occurred in 2020. Economic activity peaked in February 2020 and bottomed in April 2020. That makes the pandemic recession...
Weekly Market Commentary for July 19, 2021

Weekly Market Commentary for July 19, 2021

The Markets The term “peak growth” has become almost as popular as the comedy show Ted Lasso. Peak growth is a catchphrase with the potential to mislead. When the term is applied to the U.S. economy, it does not mean the United States economy has reached the pinnacle...
Reading List for July 16, 2021

Reading List for July 16, 2021

From budding trends to mature industries, Novem Group works hard to stay abreast of developing news. Here’s what caught our eyes this week: Bill Miller’s 2Q Letter Bill Miller 2Q 2021 Market Letter A legendary investor who has shown an ability to own...
Weekly Market Commentary for July 12, 2021

Weekly Market Commentary for July 12, 2021

The Markets There was a gapers’ block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to. U.S. Treasury bonds rallied last week. Yields on 10-year Treasuries dropped from 1.43 percent at the start of...
Reading List for July 9, 2021

Reading List for July 9, 2021

From budding trends to mature industries, Novem Group works hard to stay abreast of developing news. Here’s what caught our eyes this week: The Bear Case https://www.project-syndicate.org/commentary/stagflation-debt-crisis-2020s-by-nouriel-roubini-2021-06 The...