10k Words | February 2023

Apparently, Confucius did not say “One Picture is Worth Ten Thousand Words” after all. It was an advertisement in a 1920s trade journal for the use of images in ads on the sides of streetcars...


The “US equity market performance this year can broadly be characterised as a dash for trash,” Bespoke declared on Feb 3. Our own analysis of ASX micro-to-mids shows a similar trend - CY2022 losers are now the winners, as are stocks on higher multiples. A case for higher cash rates was charted by Charles Schwab even as Moody’s showed inflation is slowing in some countries...

Read on at Substack...



ASX Micro-to-Mids - “Financial, Industrial & Technology” (FIT) factor performance in CY2023-to-date


Source: Equitable Investors

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