Articles authored by Ryan Detrick

The U.S. economy has been showing signs of strength, despite the challenges posed by the pandemic and ever-evolving global uncertainties. One of the most encouraging indicators is the unemployment rate, which fell to 3.7% in November. What does this mean for the markets? What is the outlook for 2024? In this episode, Ryan Detrick, Chief …

“Never bet on the end of the world. It never ends, and if it does, who will you settle the trade with?” -Art Cashin, Managing Director at UBS After one of the best months in history last month, the good news is we still see potentially bullish times coming. Here are a few things that …

“There are no gains, without pains.” – Benjamin Franklin Incredibly, many strategists and economists continue to say we are headed for a bear market and a recession in ’24. That’s right, it is Outlook season and some of the forecasts for ’24 have been quite dour. The good news is we’ve been hearing this from …

Recessions are periods of economic contraction that typically last for several months or longer. With all the news about a possible recession for 2024, will we actually experience one? In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, explore some of the indicators …

“It’s not supposed to be easy. Anyone who finds it easy is stupid.” -Charlie Munger, Vice Chairman at Berkshire Hathaway Before we get into today’s blog, I wanted to take a second and give thanks to Charlie Munger, who passed away Tuesday, and all he has done to make this world a better place. There …

The stock market is often a reflection of the economy, the consumer, and the sentiment of the investors. Based on the increases we’ve seen over the past four weeks, what can we expect for the end of the year? In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global …

“The simplest solution is almost always the best.” -William of Ockham, better known as Occam’s Razor One year ago, right now nearly all the economists on tv told us a recession was coming. Who can forget this headline from last October? In many cases it wasn’t a question of ‘if’, but how bad it would …

The Sahm Rule is an indicator that detects recessions in real-time based on changes in the unemployment rate. This rule was proposed by Claudia Sahm, a former Federal Reserve economist and a leading expert on macroeconomic policy.  Today, we learn about the Sahm Rule and more!  In this episode, Chief Market Strategist, Ryan Detrick & …

“We do the worst possible thing at the worst possible time because we are most certain that we are right just when we are most likely to be wrong.”  -Jason Zweig, writer at the Wall Street Journal   As we look to finish up 2023 on a strong note, there are many reasons to be …

“Did you hear the one about the statistician who put his feet in the oven and head in a bucket of water? When asked how he felt he replied, ‘on average, I feel pretty good.’” -Old statistics joke One of my favorite parts about my job is I get to travel all over the country …