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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe story for Apple's earnings is phones and services, says Nancy TenglerNancy Tengler, CEO and CIO of Laffer Tengler Investments, discusses her predictions for Apple's Q2 earnings report.
Technical indicators such as equity price movement largely show stocks are poised to continue a rally that has seen the S&P 500 climb 8% year-to-date, analysts who track them said. TECHNICALLY SPEAKINGThe S&P 500 (.SPX) has traded in a 9.7 percentage point range year-to-date, its narrowest range for comparable periods since 2017. Johnson, who has a year-end S&P 500 target of 4,625, is encouraged by the reversals in downtrends for many U.S. stock indexes. The S&P 500 has traded higher 83% of the time for the full year, returning an average 13.73%, when it hasn't dropped below the preceding year’s December low in the first quarter, a Piper Sandler analysis showed. The S&P 500 is trading at about 18 times 12-month forward earnings estimates compared to its long-term average P/E of 15.6 times, according to Refinitiv Datastream.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Laffer Tengler's Nancy Tengler and Ironsides' Barry KnappNancy Tengler, CEO of Laffer Tengler Investments, and Barry Knapp, managing partner at Ironsides Macroeconomics, join 'The Exchange' to discuss regional bank earnings, credit tightening leading to balance sheet derisking, and macroeconomic fallout of Fed rate hikes.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis market has been much stronger than it has the right to be: Laffer Tengler CEONancy Tengler, CEO and chief investment officer at Laffer Tengler Investments, and Barry Knapp, managing partner at Ironsides Macroeconomics, join 'The Exchange' to discuss regional bank earnings, credit tightening leading to balance sheet derisking, and macroeconomic fallout of Fed rate hikes.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvest in reliable earners from sectors you are underweight in: Laffer Tengler's Nancy TenglerKeith Fitz-Gerald, Fitz-Gerald Group principal, and Nancy Tengler, CEO & CIO of Laffer Tengler Investments, join 'The Exchange' to discuss thematic tech investments, Google on the defensive against ChatGPT, and owning companies that are reliable earners.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Keith Fitzgerald and Nancy TenglerKeith Fitz-Gerald, Fitz-Gerald Group principal, and Nancy Tengler, CEO & CIO of Laffer Tengler Investments, join 'The Exchange' to discuss thematic tech investments, Google on the defensive against ChatGPT, and owning companies that are reliable earners.
Bahnsen's investment philosophy focuses specifically on high-quality stocks that have a high dividend yield, along with consistent increases. One of his favorite plays is Procter & Gamble , which currently has a dividend yield of 2.5%. EOG has a 2.9% dividend yield and also has been paying a special dividend. Health-care names Names in the health-care sector are generally considered defensive. Quanta Services has a dividend yield on the lower end, at 0.2%.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA potential banking crisis could do the Fed's job for it, says CI RegentAtlantic's Andy KapyrinAndy Kapyrin, CI RegentAtlantic private wealth co-CIO, Nancy Tengler, CEO and CIO at Laffer Tengler Investments, and Peter Boockvar, Bleakley Financial Group CIO, join 'The Exchange' to discuss pricing in the Fed's rate decision, mounting recession concerns, and the market response to banking sector turmoil.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bleakley Financial Group's Peter Boockvar, Laffer Tengler's Nancy Tengler and CI RegentAtlantic's Andy KapyrinAndy Kapyrin, CI RegentAtlantic private wealth co-CIO, Nancy Tengler, CEO and CIO at Laffer Tengler Investments and Peter Boockvar, Bleakley Financial Group CIO, join 'The Exchange' to discuss pricing in the Fed's rate decision, mounting recession concerns, and the market response to banking sector turmoil.
Regulators shut down Silicon Valley Bank on Friday, putting it into FDIC receivership. I think doing nothing would've been negative, but getting involved stops things in their tracks," Wright told Insider. Nancy Tengler, chief executive and chief investment officer, Laffer Tengler Investments"Often what we get from regulators, they close the barn door after the horses are out of the barn," Tengler told Insider. It's not like interest rates haven't been rising for a year. Jamie Cox, managing partner, Harris Financial Group"When the Fed jacks up interest rates 500 basis points in a matter of months, things like SVB happen," Cox told Insider.
Jonathan Golub, managing director at Credit Suisse, is among those with a bleak outlook for equities. "A six-month (Treasury) yield effectively guaranteed at 5.25% changes the dynamics for investors when the stock market looks shaky," he said. "You would need to get risk-adjusted returns in equities of at least 1 or 2 percentage points more than that, so in that environment stocks are not worth the effort and are dead money. Still, stocks have managed to hold onto their year-to-date gains so far even as bond yields have risen, with the S&P 500 up 4% and the Nasdaq Composite up nearly 11%. "You no longer have to hold your nose and invest in stocks because there's no other alternative," he said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLaffer Tengler's Nancy Tengler on Powell: The market doesn't like his unpredictabilityNancy Tengler, Laffer Tengler Investments, and Peter Boockvar, Bleakley Financial Group, join 'The Exchange' to discuss the perceived mixed messages from the Fed and how that's impacting the market.
Against this backdrop, a slew of strategists are calling it a stock picker's market and advising investors to be particularly mindful of the companies they invest in. "You really do need to have discipline, but this is definitely a stock picker's market. The SOXX, which offers investors exposure to a basket of U.S.-listed semiconductor stocks, is up more than 20% this year. She believes the current macro backdrop is a "stock picker's scenario" that calls for "an active trading environment." The stock has a current dividend yield of 2.7%, higher than the industry average of 0.8%, according to FactSet data.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Laffer Tengler's Nancy Tengler and Bleakley's Peter BoockvarNancy Tengler, Laffer Tengler Investments, and Peter Boockvar, Bleakley Financial Group, join 'The Exchange' to discuss mixed messages from the Fed and how they're impacting the market.
The ‘Hotel California’ Wealth Tax
  + stars: | 2023-03-06 | by ( Arthur Laffer | Stephen Moore | ) www.wsj.com   time to read: 1 min
Lawmakers in California, Illinois, New York and Washington state have proposed new taxes on wealth, and higher income taxes for the rich are on the table in Connecticut, Maryland and Massachusetts. Residents of these seven blue states are already among the highest-taxed. California and New York impose income tax rates that can exceed 13%, but their budget deficits are mounting. Lawmakers in Sacramento and Albany think the answer is to soak the rich even more. Yet Florida, Tennessee and Texas impose no state income tax and all have sturdy surpluses.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvest in old economy companies that embrace digital solutions, says Laffer Tengler's Nancy TenglerBill Stone, chief investment officer at The Glenview Trust Company, Nancy Tengler, CEO of Laffer Tengler Investments and CNBC's Jeff Cox join 'The Exchange' to discuss pricing in the Fed's inflation plan, slowing growth and investment opportunities in technology and consumer discretionary stocks.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Glenview's Bill Stone, Laffer Tengler's Nancy Tengler and CNBC's Jeff CoxBill Stone, chief investment officer at The Glenview Trust Company, Nancy Tengler, chief executive officer of Laffer Tengler Investments and CNBC's Jeff Cox join 'The Exchange' to discuss pricing in the Fed's inflation plan, slowing growth and investment opportunities in technology and consumer discretionary names.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Laffer's Nancy Tengler and New Street's Delano SaporuNancy Tengler, Laffer Tengler Investments and Delano Saporu, New Street Advisors Group, join 'Closing Bell: Overtime' to discuss the tech sector ahead of Zoom and Workday earnings.
Freshman Rep. Andy Ogles claimed he had a degree in "policy and economics" while campaiging. Ogles, a freshman representative from Tennessee, originally claimed on the campaign trail that he had a degree in international policy and economics, according to Nashville's NewsChannel5. But while it's true Ogles studied at Middle Tennessee State University, he did not major in international policy nor economics. An Insider interview with Laffer, however, revealed that Ogles' role working with Laffer primarily didn't involve economics — instead, Laffer claimed Ogles mainly worked in fundraising, though he didn't question Ogles' claim of being an economist. "An economist is a person who works in economics," Laffer told Insider.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. will fill the labor shortage gap, says Laffer's Nancy TenglerNancy Tengler, Laffer Tengler Investments, and Delano Saporu, New Street Advisors Group, join 'Closing Bell: Overtime' to discuss the tech sector ahead of Zoom and Workday earnings.
Rep. Andy Ogles (R-TN) claims he's a real estate magnate, policy expert, and sex crime investigator. Ogles' business experience seems to be limited to owning two restaurants, a short-lived travel agency, and becoming licensed as an insurance agent. Ogles' supposed experience rescuing sex trafficking victims helped propel him into national headlines in his first week in Congress. During one debate during his campaign, Ogles described himself as "a former member of law enforcement" who worked "in international sex crimes, specifically child trafficking." Fighting international sex crimes and traffickingWhen discussing his support for a more militarized border with Mexico, Ogles has repeatedly referenced his involvement in combating human trafficking and working to fight international sex crimes.
The reports renewed questions about global economic demand, the effect of higher interest rates and whether the market's January rally got ahead of itself. Apple, the world's largest publicly traded company, fell short of expectations, hurt by lower iPhone sales and production disruptions in China. Amazon said operating profits could fall this quarter due to lower demand, and Alphabet's online advertisers cut back their spend as well. Shares of the three companies dropped after the results were released and were expected to drag the market lower Friday following a euphoric rally Thursday. These three firms and Microsoft (MSFT.O), the four U.S. companies with trillion-dollar market values, have led the broad-market S&P 500 in 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Nancy Tengler, CEO & CIO of Laffer Tengler InvestmentsNancy Tengler, CEO & CIO of Laffer Tengler Investments, joins 'The Exchange' to discuss seeing market volatility as a gift, identifying catalyst for changes in fundamentals and long-term portfolio positioning techniques.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinding growth at a reasonable price with Laffer Tengler's Nancy TenglerNancy Tengler, CEO & CIO of Laffer Tengler Investments, joins 'The Exchange' to discuss seeing market volatility as a gift, identifying catalyst for changes in fundamentals and long-term portfolio positioning techniques.
Has inflation finally peaked?
  + stars: | 2023-01-08 | by ( Paul R. La Monica | ) edition.cnn.com   time to read: +6 min
But for investors, consumers and the Federal Reserve, inflation remains a major economic concern, just as it was in 2022. The hope is that inflation pressures will cool even more dramatically as the year progresses. We believe inflation peaked in June,” said Nancy Tengler, CEO and chief investment officer with Laffer Tengler Investments, in a report. Inflation impact on the Fed and housingWhat’s more, lower levels of inflation should allow the Fed to keep slowing its pace of interest rate hikes. But if inflation pressures continue to abate – and the Fed acknowledges that by pulling back on rate hikes – then the housing market may rebound.
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