For audiences ranging from our clients, to the wider community, to the broader wealth management profession, Chatham regularly shares resources, opportunities, and insights to provide fresh perspectives and advice.
Chatham Resource Library
Nobody goes there anymore. It’s too crowded.
In my last strategy piece, I warned people about the extreme momentum in Super Micro Computer Inc. (SMCI). People buying in March 2024 due to “fear of missing out” (FOMO) have a low probability of having a successful investment.
A Bird in Hand is Worth Two in the Bush...
Momentum trading is the opposite of "buy low and sell high"; momentum traders "buy high and sell higher" (hopefully). I have in the past sounded the alarm when momentum stocks/momentum investing have become the primary driver of the stock market with prior writings such as "Nachos Para Machos" and I do so again.
RECESSIONS AND INTEREST RATES
A recession has not occurred as our economy is just not that interest rate sensitive coming out of the pandemic…
THE BULLISH CASE FOR THE STOCK MARKET
Earnings have bottomed while inflation/interest rates have peaked: The bullish case for the stock market …
TOO MANY PEOPLE ON THE LEFT SIDE OF THE BOAT ….
Sell side strategists in the media don’t manage money like the buy siders; the sell sider’s main role is to increase trading and investment banking revenues for their respective brokerage firms and not to help you invest for retirement.
The Stock Market Looks Forward and It Sees Green
The stock market and investors always look forward and they like what they see…
THE MARKETS ARE NOT FIGHTING THE FED, BUT LEADING IT…
The above chart of the Federal Funds Rate shows that by December 2025, the market (blue line) and the Federal Reserve (white line) both agree that the Federal Funds Rate will be around 3%. Both agree that interest rates have…