Navigating Through The Fog Of War

The global economy is growing slowly, tugged along by the strength of the US economy. Certain indicators suggest improving global growth, but their messages could be deceptive: The wars are likely hiking commodity prices, and inflation is hiking the forward revenues of the All Country World MSCI. ... Similarly, the strong fundamentals and ytd share price outperformance of the MegaCap-8 are boosting the fundamentals and performances of the S&P 500 and the S&P 500 Growth index, since the group accounts for much of these indexes’ capitalizations. Joe cuts through the fog with quantification of these effects.