Bull Sessions (11/10/2022)

Post-election coverage of the mid-term elections ... including a reminder about the impact of single party control versus a "diversified" Washington D.C. We'll cover the Best Small Company (2023) selections as they've started the year strong despite a stumble from Semler Scientific.

Mark Robertson and Ken Kavula hosted the first standalone Bull Session of November 2022, addressing market volatility and economic conditions following the midterm elections. The hosts emphasized that election outcomes have minimal impact on long-term investing success, and discussed recent market movements driven by inflation data and expectations of Congressional gridlock. They provided market analysis using Value Line projections, noting that October 2022 was the best month since 1976, and that inflation, while still elevated at 7.7%, showed signs of peaking. The session included analysis of industrial company profitability, PE ratio estimates, and detailed breakdowns of Consumer Price Index components, with particular attention to housing costs, used car prices, and energy inflation affecting different consumer segments.