Sam Ro
@tker.co
Editor of TKer.co | Chief evangelist of the stock market usually going up 📈
Pinned
Some top forecasters are making a bold 2026 prediction that market skeptics will hate 😤
Are high valuations justified? Are bubble-like valuations justified? Prominent strategists chime in ⚖️
www.tker.co
Some top forecasters are making a bold 2026 prediction that market skeptics will hate 😤 www.tker.co/p/wall-stree...
“Historically, the S&P 500 has generated an average annualized return of about 8%-10%. … Unfortunately, it’s actually extremely unusual for the S&P to generate such a return in a single year.”
A brief guide to digesting outlook reports highlighting year-end stock market targets 📜 www.tker.co/p/guide-to-s...
A brief guide to digesting outlook reports highlighting year-end stock market targets 📜
For starters, don't expect anyone to nail the number 🎯
www.tker.co
November 27, 2025 at 7:37 PM
“Historically, the S&P 500 has generated an average annualized return of about 8%-10%. … Unfortunately, it’s actually extremely unusual for the S&P to generate such a return in a single year.”
Tough comps due to "Taylor Swift," according to the Atlanta Fed www.federalreserve.gov/monetarypoli...
November 26, 2025 at 7:10 PM
Tough comps due to "Taylor Swift," according to the Atlanta Fed www.federalreserve.gov/monetarypoli...
"The typical (median) annual price return over the past 100 years is 11.6%. But in years when returns were positive (>+2%), average (and median) returns were strikingly higher at 19-20%." - Deutsche Bank
November 26, 2025 at 6:52 PM
"The typical (median) annual price return over the past 100 years is 11.6%. But in years when returns were positive (>+2%), average (and median) returns were strikingly higher at 19-20%." - Deutsche Bank
What the bulls are saying:
“We expect multiples to sustain if not push higher...”
"...one could argue we are being conservative in our forecast for modest multiple compression..."
"...valuations will rise a lot further before the bubble, if there is one, bursts..."
More here👇
“We expect multiples to sustain if not push higher...”
"...one could argue we are being conservative in our forecast for modest multiple compression..."
"...valuations will rise a lot further before the bubble, if there is one, bursts..."
More here👇
Some top forecasters are making a bold 2026 prediction that market skeptics will hate 😤 www.tker.co/p/wall-stree...
Some top forecasters are making a bold 2026 prediction that market skeptics will hate 😤
Are high valuations justified? Are bubble-like valuations justified? Prominent strategists chime in ⚖️
www.tker.co
November 26, 2025 at 1:10 PM
What the bulls are saying:
“We expect multiples to sustain if not push higher...”
"...one could argue we are being conservative in our forecast for modest multiple compression..."
"...valuations will rise a lot further before the bubble, if there is one, bursts..."
More here👇
“We expect multiples to sustain if not push higher...”
"...one could argue we are being conservative in our forecast for modest multiple compression..."
"...valuations will rise a lot further before the bubble, if there is one, bursts..."
More here👇
Reposted by Sam Ro
📈JPM: “We are constructive on the S&P 500’s outlook both in terms of price target (7,500 by YE26) and above-trend earnings growth of 13-15% for at least the next two years (2026 and 2027 EPS of $315 and $355 vs. consensus of $309 and $352, respectively).”
November 26, 2025 at 1:31 AM
📈JPM: “We are constructive on the S&P 500’s outlook both in terms of price target (7,500 by YE26) and above-trend earnings growth of 13-15% for at least the next two years (2026 and 2027 EPS of $315 and $355 vs. consensus of $309 and $352, respectively).”
Reposted by Sam Ro
Airbnb GBV, % of Booking Holdings GBV
November 24, 2025 at 5:10 PM
Airbnb GBV, % of Booking Holdings GBV
Some top forecasters are making a bold 2026 prediction that market skeptics will hate 😤 www.tker.co/p/wall-stree...
Some top forecasters are making a bold 2026 prediction that market skeptics will hate 😤
Are high valuations justified? Are bubble-like valuations justified? Prominent strategists chime in ⚖️
www.tker.co
November 25, 2025 at 4:06 PM
Some top forecasters are making a bold 2026 prediction that market skeptics will hate 😤 www.tker.co/p/wall-stree...
"...maybe the children will have two dolls instead of 30 dolls..."
“That heavy inventory purchase is now, however, wearing thin, and soon Tariffs will be paid on everything they apply to, without avoidance, and the amounts payable to the USA Will SKYROCKET, over and above the already historic levels of dollars received.”
November 24, 2025 at 12:59 PM
"...maybe the children will have two dolls instead of 30 dolls..."
How do I think of today’s AI craze relative to past bubbles? 🫧🤖🚂🚗 www.tker.co/p/ai-capex-b...
How do I think of today’s AI craze relative to past bubbles? 🫧
Plus a charted review of the macro crosscurrents 🔀
www.tker.co
November 23, 2025 at 2:17 PM
How do I think of today’s AI craze relative to past bubbles? 🫧🤖🚂🚗 www.tker.co/p/ai-capex-b...
Reposted by Sam Ro
Hey, #EconSky!
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
November 21, 2025 at 2:51 PM
Hey, #EconSky!
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
"Americans with four-year college degrees now comprise a record 25% of total unemployment" - @boes.bsky.social www.bloomberg.com/news/article...
November 21, 2025 at 4:47 PM
"Americans with four-year college degrees now comprise a record 25% of total unemployment" - @boes.bsky.social www.bloomberg.com/news/article...
Reposted by Sam Ro
Who is OpenAI’s auditor? (Update: it’s Deloitte)
[FREE TO READ] Just asking
on.ft.com
November 20, 2025 at 5:33 PM
Big drops in airline, lodging, and entertainment spending, according to BofA card data.
"The drop in y/y airline & lodging spending growth since last week is likely due to flight cuts caused by the Govt. shutdown."
"The drop in y/y airline & lodging spending growth since last week is likely due to flight cuts caused by the Govt. shutdown."
November 20, 2025 at 3:40 PM
Big drops in airline, lodging, and entertainment spending, according to BofA card data.
"The drop in y/y airline & lodging spending growth since last week is likely due to flight cuts caused by the Govt. shutdown."
"The drop in y/y airline & lodging spending growth since last week is likely due to flight cuts caused by the Govt. shutdown."
"Between high-income and lower-income shoppers, 'there was a greater disparity toward the end of the quarter than there was earlier in the quarter and earlier in the year'" - Walmart CFO www.wsj.com/business/ret...
Walmart Reports Strong Sales Growth, Raises Outlook
The earnings show that shoppers are still spending when they perceive good value, even as they remain nervous about the economy.
www.wsj.com
November 20, 2025 at 12:54 PM
"Between high-income and lower-income shoppers, 'there was a greater disparity toward the end of the quarter than there was earlier in the quarter and earlier in the year'" - Walmart CFO www.wsj.com/business/ret...
"Customers responding to increased fulfillment speed; expedited deliveries (3 hours or less) grew 70% and were ~35% of store-fulfilled orders" - Walmart U.S.
people love speed
people love speed
November 20, 2025 at 12:54 PM
"Customers responding to increased fulfillment speed; expedited deliveries (3 hours or less) grew 70% and were ~35% of store-fulfilled orders" - Walmart U.S.
people love speed
people love speed
Reposted by Sam Ro
“.. Tariffs were pitched as the fix for America’s trade deficit.” 🤡
- Bilello
- Bilello
November 19, 2025 at 2:24 PM
“.. Tariffs were pitched as the fix for America’s trade deficit.” 🤡
- Bilello
- Bilello
NVDA beat. Stock is up 3%. Earth remains intact
If Nvidia doesn’t beat earnings expectations today the earth will explode.
November 19, 2025 at 9:25 PM
NVDA beat. Stock is up 3%. Earth remains intact
Reposted by Sam Ro
That's a beat
*NVIDIA 3Q ADJ EPS $1.30
*NVIDIA 3Q REV. $57.01B, EST. $55.19B
*NVIDIA 3Q DATA CENTER REVENUE $51.2B, EST. $49.34B
*NVIDIA SEES 4Q REVENUE $65.0 BILLION PLUS OR MINUS 2%
*NVIDIA 3Q ADJ EPS $1.30
*NVIDIA 3Q REV. $57.01B, EST. $55.19B
*NVIDIA 3Q DATA CENTER REVENUE $51.2B, EST. $49.34B
*NVIDIA SEES 4Q REVENUE $65.0 BILLION PLUS OR MINUS 2%
November 19, 2025 at 9:20 PM
That's a beat
*NVIDIA 3Q ADJ EPS $1.30
*NVIDIA 3Q REV. $57.01B, EST. $55.19B
*NVIDIA 3Q DATA CENTER REVENUE $51.2B, EST. $49.34B
*NVIDIA SEES 4Q REVENUE $65.0 BILLION PLUS OR MINUS 2%
*NVIDIA 3Q ADJ EPS $1.30
*NVIDIA 3Q REV. $57.01B, EST. $55.19B
*NVIDIA 3Q DATA CENTER REVENUE $51.2B, EST. $49.34B
*NVIDIA SEES 4Q REVENUE $65.0 BILLION PLUS OR MINUS 2%
Very cool
Fun new thing: Bluesky now has "Finance" as an interest new users can select during onboarding. When they do, they're given the opportunity to follow Starter Packs of some of the top Investing and Economics accounts
November 19, 2025 at 2:58 PM
Very cool