Charts & Chat - April 7, 2024
Eric Boyce • April 7, 2024
This week, CEO Eric Boyce, CFA discusses: 1. Monthly payroll report and labor update 2. international stocks trade at significant discount to domestic 3. 10-year treasury rates appear range bound close to 4.5% 4. Equity money flows are significant; individual investor optimism reigns 5. 1st quarter earnings expected to beat estimates by +5% 6. corporate repurchases has and will likely continue to be a driver of equity returns 7. Preferred Stock emerging as an attractive investment

By Eric Boyce
•
April 13, 2026
This week, CEO Eric Boyce, CFA discusses: 1. final 4Q GDP revision reflects weaker year-end environment. First quarter estimates are trending down, reflecting pressure from geopolitics 2. personal income trending lower, although credit outstanding remains flat 3. PCE prices are elevated, primarily from goods prices - housing continuing to drop 4. energy market impacts from Iran conflict - disproportionate impact on lower income, Asia energy markets 5. forward looking equity returns look to be more limited, following three years of above average returns - private investments will likely play a greater role going forward 6. still a considerable gap on individuals with retirement plans, even at the higher income levels 7. earnings estimates moving higher, especially for tech firms; accordingly, tech P/E multiples back down to overall index average




