The market rejoiced when the latest inflation update came out last week… As my colleague Karina Kovalcik noted yesterday, the Consumer Price Index (“CPI”) showed a 7.7% year-over-year gain in October. And stocks ripped higher in response. The CPI result was a bit lower than the projected 7.9% increase. And notably, it was also below …
Today’s ‘Robots’ Haven’t Replaced 1980s Investors Read More »
You’ve likely heard someone talk about the “new economy” before… Analysts first used this buzzword in the late 1990s to describe Internet companies. They believed these hyper-growth companies would be “disruptive” and change our way of life. This phrase symbolized a shift from the business of yesteryear… We wouldn’t rely on a manufacturing-based “old economy” …
About 2,500 years ago, Chinese military strategist Sun Tzu wrote in The Art of War… He will win who knows when to fight and when not to fight. The art of investing is similar to war in some ways… For example, buyers and sellers are always battling to get the better end of a deal. …
After more than two years, you’ve likely heard enough about supply-chain problems… The initial COVID-19 shutdowns in 2020 first brought the issue out into the open. And worker shortages led to continued struggles even after those shutdowns ended. Bottlenecks at major global ports spread throughout 2021. You likely saw images on the nightly news of …
With interest rates surging higher, many readers are asking us the same question… “What about bank stocks?” After all, banks make money by lending it out. And in theory, higher interest rates mean better returns on that money. That’s the theory, at least. So far this year, the reality is much different… Like many investments, …
You Can Get Into Bank Stocks… But Watch the Exits Read More »
Like many Baby Boomers, I still mourn the Beatles’ breakup… Among other things, George Harrison hated the group’s grueling tour schedule. But Paul McCartney loved playing in jam-packed venues at the height of the “Beatlemania” craze. Harrison also wanted to compose more of his own music for the group. However, McCartney and John Lennon rejected …
If all publicity is good publicity, Cathie Wood is riding high… Wood is the founder and CEO of ARK Investment Management and its future-themed exchange-traded funds (“ETFs”). She has always been polarizing. Her bold “calls” about the market often make headlines in media outlets like CNBC and the Wall Street Journal. But since February 2021, …
Follow Cathie Wood, the Futurist… Not the Investor Read More »
In 2019, the Wall Street Journal noted that “hating the Fed is as American as apple pie.” That’s undoubtedly still true today… Inflation spiraled out of control in the wake of the COVID-19 pandemic and recovery. It’s now consistently in the 8% to 9% range. It hasn’t been that high since the early 1980s. Many …
Trying to figure out the right value of the S&P 500 Index is tough these days… The benchmark index is down more than 24% from its early January peak. So at first glance, you might think that means it’s a good deal right now. But by some measures, it’s still significantly overpriced… For example, S&P …
With the Federal Reserve hiking interest rates, real estate is hated right now. And that isn’t the only reason for the sector’s current uphill battle. As we discussed last Wednesday, other factors are making homes too expensive for many people. One of the main catalysts is that the U.S. continues to suffer from a housing …
