What follows is a discussion of one of the most important issues facing analysts, especially young analysts. How much emphasis should you place on “macro factors” when picking stocks. I will define macro factors as both the expected return on the market going forward, and also a prediction on GDP trends/earnings trends and interest rate changes.
How Much Macro?
How Much Macro?
How Much Macro?
What follows is a discussion of one of the most important issues facing analysts, especially young analysts. How much emphasis should you place on “macro factors” when picking stocks. I will define macro factors as both the expected return on the market going forward, and also a prediction on GDP trends/earnings trends and interest rate changes.