Jesse Felder
Jesse Felder worked for the largest firm on Wall Street, co-founded a multi-billion-dollar hedge fund and has been active in the markets for over 20 years. He is author of Fire Wall Street: Empower Yourself and Become Your Own Financial Adviser and producer of the podcast Superinvestors and the Art of Worldly Wisdom.
Jesse Felder Articles
A few years ago, I was studying the relationship between the major stock market indexes and their volatility indexes and I came across and an intriguing phenomenon. The vast majority of the time these indexes move in opposite directions...
Despite the stock market rally so far in 2023, the S&P 500 Index has not come close to regaining its all-time high put in early last year. What has soared to new highs, however, is the stock/bond ratio.
It’s no secret that for the past decade and a half the Federal Reserve has made it its mission to create a “wealth effect” in the economy by boosting asset prices. Back in 2010, Ben Bernanke explained, “…higher stock prices will boost...
There has been a lot of talk in recent months about the narrowness of the rally in stocks so far this year. It’s no secret that the majority of the gains for the index have come from just a handful of stocks while many smaller names have...
Last week, the Treasury Department revealed that the federal deficit hit $1.1 trillion in the first half of the fiscal year ending in March, $432 billion larger than the same period a year earlier.
Back in early-2018, I highlighted a quartet of stocks that had seen a surge in their prices that was far more significant than could be justified by their underlying business trends.
If you have been watching the “inside of the stock market” over the past six months or so, you’ve been able to see the increasingly popular “soft landing” narrative regarding the direction of the economy play out in prices.
After the painful decline in stock prices last year, many investors have clearly come to the conclusion that this now represents another terrific buying opportunity. And if you look just at earnings-based valuation measures, you could be...
Warren Buffett recently published his latest letter to shareholders of Berkshire Hathaway and, if you haven’t done so already, I encourage to go read it along with all 45 that preceded it, from 1977 to 2022. They are a wealth of investment...
We have already seen an inordinate amount of outright fraud this cycle (see this and this) that has, so far, proven to be a terrific indicator of where we stand in the larger market cycle. Today, Bloomberg reports that earnings quality for...
