The Week Ahead | 12/12/2022
The Federal Reserve intended for a gradual reduction in the pace of tightening, combined with a higher terminal interest rate, would avert a large easing in financial conditions. Evidently, that…
Bank of New York Mellon” BK
The Bank of New York Mellon is one of our favorite bank stocks and is rarely, if ever, talked about by the financial media. It is not the most exciting…
Casey’s General Store: CASY
It is exhausting to be bearish. We do not know what to be, but the errors made by policymakers require us to be so. Our preference is to be objective.…
Burlington Stores: BURL
Burlington stores is not a company we have talked about in the past. But given its recent price action, we think it represents an exciting situation. This article is for…
Marriott International: MAR
The travel, leisure, airlines, and hospitality sectors were some of the hardest-hit sectors when the government locked down the economy. No news there. After the government let these companies reopen…
The Week Ahead | 12/5/2022
Despite the contraction in GDP in the first and second quarters of 2022, the unemployment rate remained low, indicating that the U.S. economy was not in a recession. Real GDP…
Government Debt: How does it end?
From the country's founding in 17-September-1787 until the creation of the Federal Reserve, the cumulative inflation rate was virtually zero. Furthermore, the government did not accumulate "permanent" debt. This is…
China Internet Stocks: KWEB
In our last post, we viewed emerging market stocks positively. They have been chronic laggards for years. EEM, the ETF that tracks emerging market stocks, has not delivered a return…
Emerging Markets, What’s Next? EEM
We have been negative on Emerging Market Stocks for quite some time now. Our thesis was that if the US catches a cold, Europe & Asia get the flu, and…
APA Corporation: APA
On October 13, we were short-term bearish on oil price. The oil price is down a little bit since then, but it did not sell off as aggressively as we…
Matson: MATX
The shipping companies and their stock prices were one of the biggest but undiscussed beneficiaries of the C19 lockdown. Maybe because it is "old economy." Old economy stocks are boring…
The Week Ahead | 11/27/2022
Next week, there are several events that could have significant implications for US market dynamics. CPI data will be released at the end of the week and is likely to…