Aug 21, 2022
Jay Pestrichelli once again joins Derek Moore whether stocks never make new lows after retracing half a bear market drawdown. Plus, how many in the industry have never see a rising rate environment. Then, deconstructing earnings, profit margins, and revenues to go under the hood and how the US dollar strength plays into all of this.
Have stocks ever went on to new lows after retracing half a bear market drawdown?
Looking at the 2000-2002 bear market
Reviewing the 2008-2009 great recession
Chart crimes
Most investment professionals haven’t seen a rising rate environment
Relationship between profit margins and earnings
Relationship between revenues and earnings
Playing devils advocate on net profit margins
How the US Dollar strength is affecting earnings
Some TV show recommendations
Mentioned in this Episode:
Debating what a recession is https://podcasts.apple.com/us/podcast/debating-what-a-recession-is-someone-is-wrong/id1432836154?i=1000571629306
Does a strong dollar pose problems for US companies? https://podcasts.apple.com/us/podcast/is-the-strong-us-dollar-a-problem/id1432836154?i=1000571388439
Derek Moore’s book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr
Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3Je7xqa
Contact Derek derek.moore@zegafinancial.com