Capital Endurance Group

09/13/2024

Local Housing Market Closed Sales from August 2024

04/16/2024

A quick update on what we’re seeing in the economy and markets as of April 2024.

Market update for retirement savers.

01/26/2024

If you wondered why longer-term interest rates are falling when the Federal Reserve is undertaking Quantitative Tightening, then read this article. The Treasury Department is actively working against the Fed to lower interest rates. It is an election year after all…

Disclaimer: The market commentary, economic information, and opinions expressed in this presentation are for general information purposes. No data or information herein should be considered personalized investment advisory recommendations or a solicitation for the purchase or sale of any investment.

Some content herein is based on data provided by third-party sources and, although believed to be reliable, we cannot guarantee the accuracy, timeliness, completeness, or correct sequencing or warrant any results from or reliance on the information. Capital Endurance Group also produced some of the data presented herein to provide additional information regarding the financial markets and the U.S. economy. Opinions are our current opinions only and are subject to change without notice.

Capital Endurance Group, Inc. is a Georgia-domiciled investment advisory firm registered pursuant to the laws and regulations of the U.S. Securities and Exchange Commission. Registration of an investment advisor does not imply any level of skill or training. Our Form CRS, which summarizes our advisory services (and other regulatory disclosures), is available on our website at www.cegwm.com for your review.

If you have questions regarding the market and economic data herein, please do not hesitate to contact us directly. Any subsequent and direct communication by Capital Endurance Group will be conducted by an investment advisor representative of our firm.

The stealth politicization of monetary policy poses inflation risks.

01/20/2024

Check out our January update on what we’re seeing in the economy and markets.

Market update for retirement savers.

01/12/2024

Wall Street is hoping that stocks outside of the so called “Magnificent Seven” can drive stocks higher in 2024. The problem with small cap stocks, discussed by Bloomberg below, is that so many are unprofitable (roughly 40%). This means they need the Federal Reserve to cut rates by a lot, while the economy also avoids recession. Unfortunately, that combination of events almost never happens.

Disclaimer: The market commentary, economic information, and opinions expressed in this presentation are for general information purposes. No data or information herein should be considered personalized investment advisory recommendations or a solicitation for the purchase or sale of any investment.

Some content herein is based on data provided by third-party sources and, although believed to be reliable, we cannot guarantee the accuracy, timeliness, completeness, or correct sequencing or warrant any results from or reliance on the information. Capital Endurance Group also produced some of the data presented herein to provide additional information regarding the financial markets and the U.S. economy. Opinions are our current opinions only and are subject to change without notice.

Capital Endurance Group, Inc. is a Georgia-domiciled investment advisory firm registered pursuant to the laws and regulations of the U.S. Securities and Exchange Commission. Registration of an investment advisor does not imply any level of skill or training. Our Form CRS, which summarizes our advisory services (and other regulatory disclosures), is available on our website at www.cegwm.com for your review.

If you have questions regarding the market and economic data herein, please do not hesitate to contact us directly. Any subsequent and direct communication by Capital Endurance Group will be conducted by an investment advisor representative of our firm.

If 2023 was all about the Magnificent Seven on Wall Street, this year is poised to usher in a broader array of winners.

12/22/2023

Today’s reading on core personal consumption expenditures excluding food and energy – the Federal Reserve’s preferred inflation measure – showed continued progress reducing inflation. On a six-month basis, this measure of price increases was a mere 1.9% - below the Fed’s 2% target. Absent another economic shock, this points to the Federal Reserve cutting short-term interest rates next year.

Disclaimer: The market commentary, economic information, and opinions expressed in this presentation are for general information purposes. No data or information herein should be considered personalized investment advisory recommendations or a solicitation for the purchase or sale of any investment.

Some content herein is based on data provided by third-party sources and, although believed to be reliable, we cannot guarantee the accuracy, timeliness, completeness, or correct sequencing or warrant any results from or reliance on the information. Capital Endurance Group also produced some of the data presented herein to provide additional information regarding the financial markets and the U.S. economy. Opinions are our current opinions only and are subject to change without notice.

Capital Endurance Group, Inc. is a Georgia-domiciled investment advisory firm registered pursuant to the laws and regulations of the U.S. Securities and Exchange Commission. Registration of an investment advisor does not imply any level of skill or training. Our Form CRS, which summarizes our advisory services (and other regulatory disclosures), is available on our website at www.cegwm.com for your review.

If you have questions regarding the market and economic data herein, please do not hesitate to contact us directly. Any subsequent and direct communication by Capital Endurance Group will be conducted by an investment advisor representative of our firm.

The core personal consumption expenditures price index was expected to increase 0.1% in November and 3.3% from a year ago.

12/15/2023

An excellent article from James MacIntosh at the Wall Street Journal pointing out how complacent investors have become recently given the expectation that the Federal Reserve will ensure a soft landing via aggressive interest rate cuts next year.

Disclaimer: The market commentary, economic information, and opinions expressed in this presentation are for general information purposes. No data or information herein should be considered personalized investment advisory recommendations or a solicitation for the purchase or sale of any investment.

Some content herein is based on data provided by third-party sources and, although believed to be reliable, we cannot guarantee the accuracy, timeliness, completeness, or correct sequencing or warrant any results from or reliance on the information. Capital Endurance Group also produced some of the data presented herein to provide additional information regarding the financial markets and the U.S. economy. Opinions are our current opinions only and are subject to change without notice.

Capital Endurance Group, Inc. is a Georgia-domiciled investment advisory firm registered pursuant to the laws and regulations of the U.S. Securities and Exchange Commission. Registration of an investment advisor does not imply any level of skill or training. Our Form CRS, which summarizes our advisory services (and other regulatory disclosures), is available on our website at www.cegwm.com for your review.

If you have questions regarding the market and economic data herein, please do not hesitate to contact us directly. Any subsequent and direct communication by Capital Endurance Group will be conducted by an investment advisor representative of our firm.

Each of the past three years had a similarly strong consensus that proved entirely wrong.

12/08/2023

November non-farm payrolls came in today just a touch above expectations as employment gains and wage inflation continue to gradually decline towards levels consistent with sustainable economic expansion.

Disclaimer: The market commentary, economic information, and opinions expressed in this presentation are for general information purposes. No data or information herein should be considered personalized investment advisory recommendations or a solicitation for the purchase or sale of any investment.

Some content herein is based on data provided by third-party sources and, although believed to be reliable, we cannot guarantee the accuracy, timeliness, completeness, or correct sequencing or warrant any results from or reliance on the information. Capital Endurance Group also produced some of the data presented herein to provide additional information regarding the financial markets and the U.S. economy. Opinions are our current opinions only and are subject to change without notice.

Capital Endurance Group, Inc. is a Georgia-domiciled investment advisory firm registered pursuant to the laws and regulations of the U.S. Securities and Exchange Commission. Registration of an investment advisor does not imply any level of skill or training. Our Form CRS, which summarizes our advisory services (and other regulatory disclosures), is available on our website at www.cegwm.com for your review.

If you have questions regarding the market and economic data herein, please do not hesitate to contact us directly. Any subsequent and direct communication by Capital Endurance Group will be conducted by an investment advisor representative of our firm.

Nonfarm payrolls were expected to increase by 190,000 in November, according to the Dow Jones consensus estimate.

10/19/2023

Check out our October update on what we’re seeing in the economy and markets.

Market update for retirement savers.

10/06/2023

Today’s blockbuster jobs report is bad news if you were hoping interest rates would stop going up. Mohamed El-Erian explains why in this Bloomberg article.

Disclaimer: The market commentary, economic information, and opinions expressed in this presentation are for general information purposes. No data or information herein should be considered personalized investment advisory recommendations or a solicitation for the purchase or sale of any investment.

Some content herein is based on data provided by third-party sources and, although believed to be reliable, we cannot guarantee the accuracy, timeliness, completeness, or correct sequencing or warrant any results from or reliance on the information. Capital Endurance Group also produced some of the data presented herein to provide additional information regarding the financial markets and the U.S. economy. Opinions are our current opinions only and are subject to change without notice.

Capital Endurance Group, Inc. is a Georgia-domiciled investment advisory firm registered pursuant to the laws and regulations of the U.S. Securities and Exchange Commission. Registration of an investment advisor does not imply any level of skill or training. Our Form CRS, which summarizes our advisory services (and other regulatory disclosures), is available on our website at www.cegwm.com for your review.

If you have questions regarding the market and economic data herein, please do not hesitate to contact us directly. Any subsequent and direct communication by Capital Endurance Group will be conducted by an investment advisor representative of our firm.

“Something is likely to break” as Friday’s US jobs report pushes the Federal Reserve to hold interest rates higher for longer, said Mohamed El-Erian, the chief economic adviser at Allianz SE and a Bloomberg Opinion columnist.

10/06/2023

Rising treasury bond yields and an appreciating US dollar are driving an increase in what Wall Street calls “financial conditions”. When financial conditions tighten, asset prices, all else equal, tend to come under pressure, while loosening financial conditions tend to boost asset prices. The chart below plots financial conditions against the (inverted) forward price-to-earnings ratio of the S&P500. Both lines are moving up, suggesting downward pressure on the S&P 500’s PE ratio.