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02-FEBRUARY 23-2023

VIP of ListeningGood morning.
You probably haven’t heard much about Rajiv Jain.  But you probably will if his track record continues.  He’s a founder at GQG Partners, a value-oriented firm that has taken on the mantle of being the “anti-Cathie Wood.”
Unsurprisingly, the firm’s funds have performed well, thanks to investments in places like banking, oil, and tobacco.  In less than 7 years, the GQG’s four funds have grown to $92 billion, and have gained 10.8 percent annually since late 2016.
Chances are as GQG becomes more mainstream, it may be a sign that value investing may start to fall out of favour with the market.  But if the company can continue to build a market-beating track record, investors and traders alike may want to keep an eye on the fund for future trades.

Now here’s the rest of the news:

Wall Street Mega Banks Make A Mysterious Move
The shares of Credit Suisse can’t find a bottom.  They plunged to a new intraday low this morning in Europe to trade at the equivalent of $2.79 – down over 6 percent from their previous close.  Sparking the continued exodus out of Credit Suisse shares is… [Read Here]

The Economic Nightmare Is Here
A lot of people out there have been waiting for the next major economic crisis to arrive.  If you are one of them, you don’t have to wait any longer, because it is already here.  All of the numbers are telling us that we haven’t… [Read Here]

February 23, 2022

It is SNOW accidentGood morning.
News headlines have flipped from an imminent Russian “invasion” of the Ukraine to something a bit softer.  President Biden used the term “minor incursion,” after Russian troops moved to secure two independent regions of the Ukraine that declared their independence.
Given that these regions have allied with Russia, the word invasion now seems inappropriate.  News headlines have dropped things down to a “crisis” or a “situation.”  Both words suggest a more peaceful outcome than last week.
The good news?  Going from a hard invasion to a geopolitical transition, even a tense one, greatly reduces the risk of a shooting war.  That should allow markets to complete retesting the January bottom, and move on after a significant correction that started in November.

Now here’s the rest of the news:

What Investors Get Wrong About Gold’s True Value
Wharton finance professor Urban Jermann proposed that investors and market participants have been misinterpreting the true value of gold as an investment asset.  In particular, more attention should… [Read Here]

Expert Wan That Oil Prices And War Could Mean Economic Disaster
As escalating tensions between Russia and Ukraine pushed oil prices to seven-year highs Tuesday, the threat of military conflict in the region also fueled strong price gains for a slew of other commodities, prompting some analysts to warn that… [Read Here]

February 23, 2021

GuiltyGood morning.
A growing number of analysts are calling the stock market a bubble.  That’s based on a number of factors, such as corporate earnings or sales relative to price.  There’s also the Buffett Indicator, showing that the value of the total stock market is $49.2 trillion, but annualized GDP is $21.9 trillion.  That gives a total stock valuation of 224 percent of the current economy, a level that, historically, is well into overvalued territory.
But the funny thing about bubbles is how much higher they can go.  And with interest rates near zero, the real question is whether the bond market, which has $17 trillion of assets with zero percent or even negative yields, is in worse shape on a valuation basis than the stock market.

What’s the bigger bubble – stocks or bonds?

Hit “Reply” to this email and let us know what you think!

Now here’s the rest of the news:

The Fed Triggered an Insatiable Demand for the Riskiest Corporate Debt –Mike Shedlock
Not only are these purchases illegal, they’re leveraging their equity 7 to 1 for below-investment-grade corporate bonds.  Result?  Investors are buying junk bonds at low yields…

February 23, 2020

Price Alert!  As this post is being finalized, gold & silver are making massive moves higher.

Marketing CampaignGood Morning.
One analyst sees Bitcoin surging more than double in the next few months.  The reason?  For the first time in years, the cryptocurrency 50-day moving average has risen over the 200-day moving average.
That’s a bullish technical indicator called a golden cross.  And if that trend is true (and with cryptocurrencies it is hard to tell), some see Bitcoin heading as high as $26,000.  Why?  Be-cause the last golden cross in Bitcoin led to 170% surge.  The numbers may be optimistic, but Bitcoin is still in an uptrend.

Today is DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

…and two more fabulous pictures of Newfoundland … A place I soon will live forever!

Newfoundland _7&8

February 23, 2019

Create a WordPress Membership Site with MemberPress

Look what I was taught to do in a manner of minutes with new-found-friend Robert Plank.  Check Robert’s instructional video below … if interested!

I’ve got the biggest smile on my face, right now, ’cause I’m not very techie at all … so if I ever have to watch this again, I just have to come back here and watch it.  I only see one hang-up however!  Should YouTube decide to deny access, or Robert Plant deletes this tutorial, it is gone!  😉

February 23, 2017


Why Efficiency Sucks!

When it comes to efficiency, well, who doesn’t want that?  Better gas milage, a washing machine that uses less water, light bulbs that use less electricity…

As investors, we are trained to love productivity and efficiency.  On the productivity front, a company that gets more output from its employees is typically a more profitable company.  If you have one person doing the job of two, well, costs are lower, which means profits will be higher, right?

Again, investors always value productivity and efficiency.  But in the bigger picture, is there any way to factor the fate of the 9,500 employee that were fired into the value equation?

Do we really need a Heinz ketchup AND a Kraft Ketchup?  I understand the free market argument here.  Capitalism is all about ownership…

Would YOU have approved the Heinz and Kraft merger?


Come From Aways, Do You?

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