It has been some time since I last posted as I was tied up with work and my (very slack) CFA 2 preparations. With CFA 2 exam now done and dusted, I am looking to spend more of my free time on my hobby - investing and growing my portfolio.

While I have not been researching on any counters during these 3 weeks, I have continued to monitor the macro economy. Here are some developments that I feel are rather interesting:

Soure: Barrons

It seemed just a while ago when people were questioning whether DJIA can break the 20,000 resistance. DJIA has since not only broken the 20,000 barrier - it has successfully breached and defended the 21,000 level. While constituents' earnings have improved, it has not kept pace with the rise in DJIA. As such valuation multiples are increasingly stretched while ...