2nd Quarter Earnings Won’t Be as Bad as Wall Street Expects
We believe companies are in much better shape than many analysts think.
Kyle Guske II
General Market Comments
Kyle Guske II
Don’t Fret 2Q Earnings: This S&P 500 Will Continue to Rise
The precipitous fall expected in 2Q20 earnings significantly understates the true, core earnings of U.S. companies. There’s upside left in this market.
Kyle Guske II
The Market Is Right & Consensus Earnings Are Wrong
Now is the best time in many, many years for investors to pick individual stocks, especially those armed with differentiated insight into earnings.
Kyle Guske II
The Hidden Dangers of Passive Investing
We believe that passive investing has become a sufficiently crowded trade that indexers will see lower returns than fundamentally rigorous active investors over the next few years.
Kyle Guske II
Finding A Cure for COVID-19’s Disruption of Wall Street Data
Only artificial intelligence (AI) that rigorously analyzes thousands of financial filings can keep investors informed and help them navigate these disruptions.
Kyle Guske II
100% Operational Despite COVID Lockdowns
COVID-19 is not disrupting our data collection and research. Our Robo-Analyst is more effective than ever.
David Trainer
COVID-19 Sparks Dramatic Disruptions to Wall Street’s Data
Financial data collection supply chain disruption creates a sizeable risk for our data-driven stock market.
Kyle Guske II
COVID-19 May Spark Dramatic Disruptions to Wall Street’s Data
Without accurate and timely data collection from financial filings, millions of analysts and investors are unable to update their financial models and make informed investment decisions.
Kyle Guske II
Prepared & Here To Help – When It Matters Most
We have not experienced any disruptions thus far and do not anticipate any operational issues in the future.
David Trainer
Here for You – When It Matters Most
Despite all the disruptions, New Constructs is fully operational and here for you when you (and your portfolios) need us most.
David Trainer
Earnings Distortion Analysis Reveals Opportunity in Defensive Sectors
This sector has the least earnings distortion, earns an Attractive rating, and provides value for investors.
Sam McBride
Only One Sector Has A Rising ROIC
The core fundamentals of businesses are declining in nearly every sector. 10 out of 11 sectors have declining returns on invested capital.
Sam McBride
Consensus Earnings Are Wrong & How Much Is It Costing You?
Core earnings, when adjusted for unusual gains/losses hidden in footnotes, are a lot worse than investors and markets realize.
Sam McBride
The Unicorn Bubble Is Bursting
Public market investors seem to have awoken to the risks of buying into certain IPOs and realized they have the power to walk away.
Sam McBride
Long-Term Trends Revealed by Our Research on Sector ROIC’s
Our analysis of return on invested capital (ROIC) by sector shows that the market rewards higher ROIC companies with higher valuations.
Sam McBride
Market Outlook: Avoid Small Cap Growth
Investors need diligence more than ever to help them avoid stocks with misleading growth.
Sam McBride
Big Tech Still Dominates Economic Earnings Growth
GAAP earnings don’t just mislead investors about the amount of growth in 2018, they also present a misleading picture of the breadth of earnings growth.
Sam McBride
The Fed Is Irrelevant: Low Interest Rates Are the New Normal
We believe Jerome Powell's announcement that the Fed is not planning to raise rates in the immediate future validates the key points we made over two years ago.
Sam McBride
How Debt to Equity Can Mislead Investors
Millions of professional investors will soon see over $3 trillion in new debt added to corporate balance sheets, which will affect some stocks and sectors much more than others.
Sam McBride
The “Earnings Recovery” Remains an Accounting Mirage
U.S. equities may have rebounded from 2015 lows, but economic earnings – which reverse accounting distortions and account for the weighted average cost of capital – remain in a persistent downturn.
Kyle Guske II