Edition #155

Premium Market Update

Investors,

Events over the past week have been super difficult to see from a humanitarian perspective, providing a great reminder that markets and economic conditions are merely a derivative of real-world dynamics and a manifestation of human psychology. While this newsletter is focused purely on finance and markets, I just want to take a second to recognize the magnitude of this moment.

In this premium report, I’ll be sharing how I’m interpreting market movements and provide some interesting data that I think you all should have on your radar. To no surprise, there wasn’t any market-moving data that was released this week as most investors were preoccupied by the fears & implications of war in Ukraine, as well as the subsequent responses (sanctions) by Western countries. Fear and greed continue to be a significant driver of market movements, particularly as investors become less preoccupied by the Federal Reserve’s tightening schedule.

Today’s newsletter will attempt to frame the levels of fear and greed that we’re currently experiencing relative to a historical context. We will also be discussing various under-the-hood metrics for the S&P 500, reviewing my perspectives on non-profitable tech, analyze more data on stock market returns during prior geopolitical crises, and analyze my two favorite sectors right now.

On the aggregate, I think this data and analysis will help to reset expectations, reinforce calculated decision-making, and generally provide new perspectives on market conditions.