{"id":34211,"date":"2018-05-14T05:53:36","date_gmt":"2018-05-14T10:53:36","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34211"},"modified":"2018-05-14T05:53:36","modified_gmt":"2018-05-14T10:53:36","slug":"dont-worry-everything-bad-is-priced-in","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34211","title":{"rendered":"Don&#8217;t Worry &#8220;Everything Bad is Priced In&#8221;"},"content":{"rendered":"<header>\n<div class=\"story-header-area\">\n<div>\n<div class=\"story-header\">\n<h3><a href=\"https:\/\/www.themaven.net\/mishtalk\/economics\/don-t-worry-everything-bad-is-priced-in-hXfEMBev7kKgyRnR8HZd4A\/\">Don&#8217;t Worry &#8220;Everything Bad is Priced In&#8221;<\/a><\/h3>\n<\/div>\n<div class=\"photo\">\n<div class=\"renderable jss494\">\n<figure class=\"image\">\n<div class=\"jss214 picture loaded\">\n<div class=\"observable\"><img decoding=\"async\" class=\"\" title=\"\" src=\"https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2FeBMWUpYyf0qZSQFNY9JBMg\" srcset=\"https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2FeBMWUpYyf0qZSQFNY9JBMg?w=684&amp;q=75&amp;h=385.5942549371634&amp;auto=format&amp;fit=crop 1x, https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2FeBMWUpYyf0qZSQFNY9JBMg?w=1026&amp;q=75&amp;h=578&amp;auto=format&amp;fit=crop 1.5x, https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2FeBMWUpYyf0qZSQFNY9JBMg?w=1368&amp;q=75&amp;h=771&amp;auto=format&amp;fit=crop 2x, https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2FeBMWUpYyf0qZSQFNY9JBMg?w=2052&amp;q=75&amp;h=1157&amp;auto=format&amp;fit=crop 3x\" alt=\"\" width=\"684\" height=\"385.5942549371634\" \/><\/div>\n<\/div><figcaption><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"post-summary\">\n<div class=\"publish-info\">\n<div class=\"authorCard jss505\"><\/div>\n<\/div>\n<div class=\"jss413 toolsMenu\">\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<section class=\"deck\">The stock market has turned the corner. Everythig bad is priced in.<\/p>\n<\/section>\n<\/div>\n<\/header>\n<article class=\"story-body clearfix\">\n<div class=\"body\">\n<div class=\"markdown\">\n<div>\n<div>\n<p>Here&#8217;s the joke of the day: <a href=\"https:\/\/www.marketwatch.com\/story\/stock-market-turns-corner-as-most-risks-are-already-priced-in-2018-05-12\" target=\"_blank\" rel=\"noopener\">Stock Market Turns the Corner as Most Risks are Already Priced In<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>\u201c<em>By now, investors priced in all the bad things they could price in<\/em>: concerns about trade wars, geopolitics, rising rates and even fears that earnings growth peaked. But the economy is still growing and earnings are expected to grow by double digits this year and next,\u201d said Karyn Cavanaugh, senior market strategist at Voya Financial.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>\u201cWe must keep in mind that the first-quarter earnings have been boosted a lot by a one-time tax windfall. But second-quarter earnings are expected to grow by another 20% even without the windfall but as the underlying corporate tax cuts start to kick in,\u201d Cavanaugh added.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p><strong>Not Priced In<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<ol>\n<li>Insane valuations<\/li>\n<li>Mideast war<\/li>\n<li>China slowdown<\/li>\n<li>Eurozone slowdown<\/li>\n<li>Change in attitudes towards stocks<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>Of those, number 1 and number 5 are standouts.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Don&#8217;t Worry &#8220;Everything Bad is Priced In&#8221; The stock market has turned the corner. Everythig bad is priced in. Here&#8217;s the joke of the day: Stock Market Turns the Corner as Most Risks are Already Priced In. \u201cBy now, investors priced in all the bad things they could price in: concerns about trade wars, geopolitics, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[964,20103,20102,13390,20104,1138],"class_list":["post-34211","post","type-post","status-publish","format-standard","hentry","category-economics","tag-cnbc","tag-karyn-cavanaugh","tag-michael-shedlocl","tag-mishtalk","tag-soya-financial","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34211"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34211\/revisions"}],"predecessor-version":[{"id":34212,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34211\/revisions\/34212"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}