6/7/2023 0 Comments Factset stock pro and cons![]() The unemployment rate fell to 3.4%, the lowest in decades, while wage growth also moderated. jobs report highlighted this clearly – 517,000 new jobs added versus expectations of just 185,000. Labor market continues to defy gravity: Certainly, one of the bigger upside surprises for the market has been the strength of the labor market. ![]() Any negative surprises could spark outsized market volatility. is on Tuesday, with expectations for headline inflation to fall from 6.5% to 6.2% and core inflation to fall from 5.7% to 5.4% annually. The next CPI inflation reading in the U.S. In fact, there are some indications that areas like used car pricing is starting to tick higher, oil prices are moving upward again, and housing markets may be stabilizing somewhat. However, while our view is that core inflation will head towards 3.0% this year, this may not occur in a straight line lower, and it may not consistently surprise to the downside. This, of course, takes some pressure off the Federal Reserve and global central banks that have been raising rates aggressively to bring down inflationary pressures. Market forecasts now call for headline inflation to fall to under 4.0% by year-end and closer to 2.5% by 2024. has come down for six straight months and has been in line with forecasts or surprised to the downside for the last three months. Inflation continues to moderate: Clearly, better inflation data has been a key driver for markets over the past several months. Treasury bond yields moved higher, while oil prices climbed as well. Markets may be now approaching somewhat of a crossroads: Does the rally continue unabated or does volatility increase? Below we weigh the pros and cons that will perhaps determine the road forward. The S&P 500 was down over 1.0% on the week, its worst week of the year thus far. Most asset classes have participated, and the laggards of last year have particularly outperformed. However, last week some uncertainty and volatility returned to markets. Not saying you need them to generate alpha, it just makes life easier.The market rally this year has been impressive. Anyone who says yahoo or google finance is just as good is pretty ignorant of the benefits of these data providers. Also ownership analysis is possible to see if people I admire in thinking also own the stock already. For example I can pull a consensus sell side estimate model from factset which can tell me what the market is expecting approximately. Fundamental analysis is a lot better using one of these data providers. Though if you aren't professional, all 3 are going to cost you 10k plus a year so I don't even know why you are asking. Bloomberg is a mouseless terminal meaning there is a learning curve for using it quickly. Factset/cap iq interface and equations are so much more convenient and easy to navigate. There's a saying on the buyside that you only become legitimate if you can be chatted up on a bloomberg terminal as it means the firm is spending more money on you. ![]() Also is useful to chat up other analysts and PMs on. It also has broader applicability than fundamental analysis. Not available on factset or bloomberg to my knowledge.īloomberg is the biggest info data base and has the largest legacy in the market. One big plus of capitaliq is that you can access data from a web browser. Some areas factset has better data, other areas capitaliq does. Do Not Advertise Tools, Newsletters, Blogs or Youtube Channelsįactset and capitaliq are roughly the same.Use Factual, Objective & Unedited Titles.Memes & Low Effort Comments Will Be Removed.Use the Subreddit Search, Wiki and Question Thread Before Posting.Anyone interested is highly encouraged to do so! If you'd like to post, please send a request to the moderators. The subreddit is temporarily in restricted mode due to an influx of new users. In this work we shall not strive for a precise demarcation between investment theory and analytical technique but at times shall combine the two elements in the close relationship that they possess in the world of finance. These typical activities of the securities analyst are invariably carried on with some practical idea of purchase or sale in mind, and they must be viewed against a broader background of investment principles, or perhaps of speculative precepts. Critical examination of balance sheets and income accounts, comparisons of related or similar issues, studies of the terms and protective covenants behind bonds and preferred stocks. Strictly speaking, security analysis may be carried on without reference to any definite program or standards of investment, such a specialization of functions would be quite unrealistic.
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