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The Blue Chips of Junk

The Compound and Friends

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Market Consensus and Stock Picking Challenges

  • Current market sentiment is overwhelmingly bullish, making it difficult to justify selling despite potential risks.
  • Analysts are chasing performance, and the economy, while growing, presents a consensus view that's hard to deviate from.
  • Even with slowing growth rates, "MAG7" stocks (like Amazon and Alphabet) have resurfaced as strong performers, highlighting the challenge of staying out of the market when these names are rising.
  • While broader market earnings expectations are surging, much of this is driven by expectations for non-MAG7 companies, creating a potential gap in logic.
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