It is well known that Amazon is seeking a location for a new major investment. Not so well known is the progress that Michigan has made since the Great Recession ended in 2009. The recently released 2017 Michigan Economic Competiveness Study confirms that Michigan is making great progress at the state level. Consider: Michigan’s economy … Continued
The concept of “cash is king” has often been associated with investment strategies. It now appears that the importance of cash as an incentive is becoming a larger factor in attracting business investment. For example, at first glance, it would seem that Wisconsin’s successful bid for Foxconn’s first major U.S. manufacturing facility was smaller than … Continued
“Que Sera, Sera” is the title of a song made famous by Doris Day in 1956. Investors might note the song’s chorus. “Que sera, sera, whatever will be will be, the future’s not ours to see, que sera, sera, what will be, will be.” Despite the seemingly never ending prognostications, by “experts”, both bulls and bears, … Continued
With many of the world’s stock indices hitting all-time record highs, it comes with no surprise that many investors are wondering if now may be the time to lock in profits, sit on cash and attempt buying into the next market downturn. This is defined as market timing. Sigma’s belief is that it is very … Continued
Conventional wisdom generally suggests that when costs rise, price increases follow. Most of the time, this may be accurate. However, investors should investigate carefully before jumping to a conclusion. Sometimes costs adjust to reflect prices rather than the other way around. An interesting case in point is the oil industry’s reaction to a major decrease … Continued
We have previously commented on the issue of lackluster U.S. economic growth. (See our blog from Jul-12) Among the possible causative factors, relatively modest gains for real wages has been highlighted by many economists. We have seen unemployment steadily decline to near record lows. At the same time, we have not seen much in the … Continued
Mean reversion is the theory suggesting that prices and returns eventually move back to the mean or average. This mean or average can be the historical average, or another relevant average, such as growth in the economy. Applying this theory to the major stock market indices, such as the S&P 500 and the Dow Jones Industrial … Continued
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