Day: March 15, 2022

Bloomberg: Bill Smead on Tech Giants

Tech Giants Risk Losing Top S&P 500 Spots After $2 Trillion Wipeout By Bailey Lipschultz and Phil Serafino For more information go to www.bloomberg.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance

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Molotov Stock Market Cocktail

In our recent media engagements, we have been asked if the Russian invasion of Ukraine is the cause of the carnage in the stock market this year. Many of the investors suffering stock market failure and financial media participants are looking for some comfort from the declines. They’d like to think that their portfolios have been hit by a Molotov cocktail and that the stock market will repair itself like it did when the pandemic crushed stocks two years ago. The facts appear to say the invasion is only a catalyst for what was already going on. […]

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