Reletter
Artwork for The Manley Market Memo

The Manley Market Memo

J. Lawrence Manley, CFA

We analyze the economy and financial markets through the lens of an experienced contrarian value investor. We believe that capital preservation is paramount, and valuation is the best measure of an asset’s long-term expected return.

Platform
Substack
PricingOnly free issuesPublishesMonthly
Issues41Founded6 years agoLast Issue15 days ago
Active

Read this Newsletter

manleymacro.substack.com
Artwork for The Manley Market Memo

Latest Issues

The Manley Macro Memo

Executive Summary:

After a volatile first quarter defined by the war in the Middle East and an 84% spike in oil prices, the second quarter delivered a sharp reversal as the conflict de-escalated and oil moderated from its March peak nea...

15 days ago
5

The Manley Macro Memo

April 24, 2026

Executive Summary:

After a strong 2025, stocks finished the first quarter lower as the conflict with Iran and the effective closure of the Strait of Hormuz triggered an 84% spike in oil prices and a sharp risk‑off move....

4 months ago
6
1

The Manley Macro Memo

Executive Summary:

A resilient economy, strong corporate profits, and the Fed’s three additional interest rate cuts drove the S&P 500 to an all-time high in the fourth quarter. In this risk-on environment, the S&P 500 advanced 2.7% in th...

7 months ago
8
1

The Manley Macro Memo

Executive Summary:

Stocks performed well in the third quarter as trade tensions eased and the economy proved resilient despite lingering uncertainty from tariffs, elevated inflation, and slowing labor market growth. Investors drove equit...

10 months ago
2

The Manley Macro Memo

Executive Summary:

The second quarter of 2025 experienced significant volatility and large market fluctuations. Following a slight loss in the first quarter, stock prices declined sharply after President Trump unveiled his "Liberation D...

a year ago
1
1

Key Facts

Contact Information
Newsletter Author
Number of Subscribers
Find out how many people subscribe to this newsletter.

Audience Metrics

Subscribers, engagement, traffic and sponsorship for The Manley Market Memo.

SubscribersEngagement61Monthly Web Visits
Accepts SponsorsEstimated Cost per Ad

Authors

The writers behind this newsletter.

  • J. Lawrence Manley, CFA

    I am a value investor and a Registered Investment Advisor with more than 25 years of investment experience. I discuss the economy and financial markets from a value investing perspective to help people meet their investment goals and retire well.

  • Frequently Asked Questions

    How can I access the email archive for The Manley Market Memo?

    You can find recent issues that have been published by The Manley Market Memo on Reletter by scrolling up to where it says Latest Issues. Tap on the link for any of the most recent emails or hit More Issues to see older ones.

    How many subscribers does The Manley Market Memo have?

    To see how many people subscribe to The Manley Market Memo, simply upgrade your Reletter account. We provide readership numbers and lots of other stats for this newsletter so you can decide if it's worth reaching out to.

    How can I advertise in The Manley Market Memo?

    Newsletter advertising can be extremely effective when it's done right. Before you pitch The Manley Market Memo as a potential sponsor or partner, make sure that you've done your research and checked its newsletter stats with Reletter.

    Then, personalize one of our winning pitching templates and send it to the right person using the contact info provided.

    How much does it cost to sponsor a publication like The Manley Market Memo?

    Newsletter ad rates (or CPM) vary depending on many factors, including industry, number of subscribers, open rate, ad placement and more.

    To find out how much an ad will cost, contact The Manley Market Memo using the contact information provided and ask for a copy of their media kit.

    How can I find newsletters related to The Manley Market Memo?

    Scroll up to where it says Related Newsletters to see other publications like The Manley Market Memo. You can also search our email newsletter directory to discover other newsletters that cover the topics you're interested in.

    How do I contact The Manley Market Memo?

    Reletter provides this newsletter's website URL above, where you will often find their contact information. We also provide links to associated social media accounts and pitching templates so you can reach out fast.