Tech Stock Returns…
Tech stock returns show a semiconductor comeback with software/SaaS taking a fresh beating in the rankings.
Close some trades
As equity prices come under pressure amid rising interest rates, we think it is appropriate to close a few trades early.
Will rising long-term rates cause equity prices to fall? | IWM
The price of oil jumped, and interest rates followed. This has equity investors nervous. What would they do?
More on Interest & the Fed Rate Hike
UST Curve and FOMC: Mornings After
Inflation, Economic Growth and the Fed Raises Its Short Term Interest Rates Target
The Fed just raised its target for the short-term interest rate by 25 basis points. Notwithstanding the financial media arguing the Fed should do nothing, we think the Fed did…
Recent Return in the Markets
An especially bad week across asset returns wraps up a bad trailing month. The week rang up a positive score of 5-27 across the benchmarks and ETFs we track, wrapping…
Interest Rates & Oil | The Bigger Picture
We mostly focus on individual companies as we think of the capital market as “a market of stocks, not a stock market.” The normal course of economic action is for…
If I Were a Presidential Speechwriter
My Fellow Americans, Nearly one month ago, following a period of unprecedented escalation and the exhaustion of every diplomatic avenue, I ordered the United States military to take decisive action…
Office Hours
In this episode, Mike & I take a deep dive into OVX, the oil equivalent of the VIX. It is off the charts and presents a trading opportunity.
Some important companies announced earnings. This is our take.
Today was a big earnings day, as many important companies reported their fourth-quarter financial results.
Thoughts on AI
There is no doubt that AI will be transformative to the economy at large and people’s lives at the molecular level. What that impact will be is uncertain, but it…
Office Hours
In this episode of Office Hours, Mike & Mark discuss gold, silver, and copper, as well as Freeport-McMoRan, a global mining company (primarily focused on copper).