Spouting Rock Asset Management

Chief Strategist Rhys Williams CFA, in a recent conversation with CNBC's Alex Harring, highlighted the encouraging economic signs revealed by the S&P 500's performance and December's core PCE index. Rhys noted, "All the economic data - both the GDP and PCE - was good this week. It shows we're still in this potential 'Goldilocks' landing, where the economy softens a bit but is still positive." Read more: https://lnkd.in/ebPcS9gQ   #Investing #EconomicData #PCE 

Though the December CPI topped forecasts, "lagging indicators like rents will likely drive down the CPI in the next few quarters," Penn Capital Management Company, LLC CIO Eric Green, CFA shared with Kiplinger. Despite recent pullbacks, he believes there's an ongoing upward market trend in 2024, stating that small cap stocks have the potential to lead large cap stocks. Read more: https://lnkd.in/eyq75xA7   #CPI #smallcaps #economy

2024 kicked off with one of the most significant market sell-offs since 2003. Chief strategist Rhys Williams CFA weighed in on the market pullback, telling Phil Rosen of Business Insider, "It's indigestion." He believes that weaker Q4 earnings estimates from leading companies, interest rates and apprehension about the Federal Reserve's rate adjustments contributed to the market's downturn. Read more: https://lnkd.in/ePaARJXA #earnings #interestrates #FederalReserve 

"So far, so good" on hopes for a soft economic landing in 2024, according to chief strategist, Rhys Williams CFA. In a recent discussion with Tim Smart of U.S. News & World Report, Rhys shared that he sees parallels to the mid-90s when the Fed engineered the last gentle slowdown. Though challenges remain, he believes that we're on track for steady growth and jobs amid declining prices. Read here: https://lnkd.in/gVXJxQhC #SoftLanding #Fed #EmploymentData

Entering 2024, we see a potential for interest rate declines and AI efficiency gains. However, geopolitical risks and potential inflationary pressures still pose concerns. Rhys Williams CFA reflects on 2023 and shares his thoughts for the new year in the latest market outlook. Read it here: https://lnkd.in/eN_aEX2v

The Magnificent Seven played a pivotal role in the S&P 500's performance in 2023, but their dominance may shift in 2024. Chief Strategist Rhys Williams CFA shared his thoughts with Carmen Reinicke of Bloomberg News, “The only way they stay the Magnificent Seven is if we have less than a perfect landing." Read more: https://lnkd.in/evmChVDB #tech #markets #investing

Chief Strategist, Rhys Williams CFA, recently joined Yahoo Finance to discuss the S&P 500's surge to close 2023, driven by the 'Magnificent Seven'. Rhys delves into parallels between the mid-90s tech boom and today's AI-driven market potential. Watch the full interview here: https://lnkd.in/enFJZJH3 #AI #StockMarket #YahooFinance 

Stock markets saw steep selloffs this week, with their worst single-day losses since September and October. Chief Strategist Rhys Williams CFA discussed the volatility with CNBC. "The stock market went from up to down pretty fast. I just think it was a technical correction after a very strong period of time," he stated. Read here: https://lnkd.in/euQwc-H5 #Stocks #Markets #Selloffs #Volatility

Penn Capital Management Company, LLC CIO Eric Green, CFA shared his perspectives on the latest CPI report with Dan Burrows of Kiplinger. Read the article here: https://lnkd.in/gZj9Qxjp #cpi #inflation #federalreserve

Current market conditions suggest that now may be a good time to consider an allocation to small caps.  Evidence points to a potential opportunity that seemingly only occurs once in a span of decades. Check out the latest commentary from John Ragard, Senior Portfolio Manager, to learn what the market is telling us about a reversion potential in small caps. https://lnkd.in/gU6adwyp #market outlook  #small caps