The Summer Recovery is Repeating | RSS.com And for the same reason: Investors think inflation is heading lower. The Reserve Bank of Australia raised its key rate less than expected, and yields and the dollar cooled off at the beginning of this week. That kicked off October with the biggest two-day rise in the S&P […]
Author Archives: Jason Kelly
Feel Better: High Interest Rates Won’t Kill Stocks
Feel Better: High Interest Rates Won’t Kill Stocks | RSS.com Inflation is much more important. Stocks have done well in both rising and falling interest rate environments. Inflation is the bigger danger, and the Fed is fighting it hard. Good news: Stocks do very well in falling inflation environments—and we should be heading into one. […]
Posted in Inflation, Kelly Letter Podcast
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Is the FedEx Warning Bad News or Good?
Is the FedEx Warning Bad News or Good? | RSS.com There’s more to it than advertised. Sure the shipping giant’s revenues are down, but is it really because of a recession or about people shopping online less after the pandemic? Even if it is due to an economic slowdown, isn’t that what the Fed wants? […]
Posted in Kelly Letter Podcast
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How High Will Interest Rates Go?
How High Will Interest Rates Go? | RSS.com About as high as investors thought last spring. Emotions are running hot, bouncing from expecting the Fed to get more aggressive to expecting them to slow down, but projections haven’t changed. ——— Links to Resources Mentioned “Consumer Price Index – August 2022,” Bureau of Labor Statistics, September […]
Posted in Federal Reserve, Inflation, Kelly Letter Podcast
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The Future of Streaming
It’s beginning to look a lot like cable. 85% of US households have at least one video streaming subscription. Many subscribe to five or more. The fastest growing segment of streaming is ad-supported, and Netflix and Disney are both about to start running ads as well. The total price of a household’s streaming subscriptions, the […]
