Bull Sessions (5/16/2023)

A Few Moments With Stubborn Episodes. More regional bank triage (and shopping?) Peak China? Remembering Bed Bath & Beyond ... do you recall that BBBY was #1 in the original Manifest 40 widely-followed companies?

In this Bull Sessions webcast from May 16, 2023, Mark Robertson, Ken Kavula, and Matt Spielman discuss market conditions and investment opportunities using the Manifest Method. The hosts analyze key market indicators, including the Value Line arithmetic average showing approximately 13% returns and the NYSE new highs versus new lows indicator, which they interpret as a signal of current market challenges but potential opportunities for long-term investors. They address the disconnect between consumer sentiment (at 35-year lows) and actual investor behavior, suggesting that stimulus and market support are masking deeper market weakness. The hosts maintain an optimistic outlook for disciplined investors, referencing historical precedents from 2008-2009 when market downturns created significant buying opportunities. They explore the Poland Small Company Growth Fund as an unconventional source for discovering investment ideas and discuss the risks and opportunities in Chinese stocks, including Alibaba, while noting concerns about government policy and regulatory uncertainty in that market.