Welcome to the latest edition of Talking Data. Our Talking Data series seeks to offer timely insights into macro market themes along with macro data and its impact on the economy and markets.

I am your host Kristen Radosh of Arbor Research and Trading. Our presenter today is Jim Bianco of Bianco Research.

Stock picking has not worked for at least a decade. 2021 has been no different for stock pickers as the best strategy was buying the S&P 500 and forgetting about it.
• Stock pickers have suffered for a decade or more, even Warren Buffett

• Macro forces have dominated

• 2021 great for the S&P 500, not so much for anything else

Thank you for joining us today. As a reminder, Arbor Research & Trading is an institutional research and brokerage firm. Our two most prominent research offerings are Bianco Research & Arbor Data Science.

For further information on Arbor Research, Bianco Research and Arbor Data Science, please contact Gus Handler at gus.handler@arborresearch.com.

#97: Another Bad Year for Stock Pickers