Best Blogs of the Week #219
on Feb 22, 2016
Three blogs this week spanning wide ranging topics.
BlackRock – Why Investors Have Reason to Be Optimistic – Leading indicators still look okay. Much of this year’s selling has been driven by recession fears.
Columbia – Do a grouch a favor – I believe that fair value for the S&P 500 is in the range of 1800 to 1850. That does not mean that pessimism won’t drive it lower. If it does, there will probably be a buying opportunity.
Wells Fargo – How the price of oil could affect equities – In the recent past, oil and the stock market have moved in lock-step. Many on the equity side looked at petroleum as the canary in the coal mine that was sensing an economic slowdown and telling us just that, which I’m not sure was entirely right or wrong.