The market just keeps dodging everything thrown at it… Economists and fundamental analysts continue to debate the state of the economy. And strategists are arguing whether we’ll endure a hard or soft landing. These so-called market experts’ persistent fears of a recession have kept many folks on the sidelines since the October 2022 lows. Meanwhile, …
I think my AI app is brain-dead… Lots of folks have been playing with the latest artificial-intelligence tools lately. One of my colleagues was thrilled to show me the decent answers he was getting from AI. So I asked his app about our Power Gauge. And things didn’t go well. This should have been easy. …
“Location, location, location.” That’s what you hear when people talk about real estate. Noisy neighbors are bad enough. But it’s a lot worse if they own tanks and start threatening to invade your property. That’s what recently sent Warren Buffett off script. The revered “Oracle of Omaha” loves to invest in businesses that will stay …
Warren Buffett Is Leaving the Neighborhood… But an Up-and-Comer Has a Chance to Thrive Read More »
Big, blue-chip companies can always borrow money from somewhere… So-called “investment grade” companies are called that for a reason. They’re worth the investment from banks and other lenders. And they’re at low risk of defaulting on the debt. When a problem arises, it’s often in a less-followed corner of the economy… Not every business can …
Interest Rates Are Up… But They’re Not Catastrophic Read More »
Regional banks are feeling the heat from investors… The mid-March collapses of Silicon Valley Bank and Signature Bank kick-started the trouble. And the fall of First Republic Bank brought this space back into the spotlight last week… The SPDR S&P Regional Banking Fund (KRE) is down more than 40% since early February. Investors are clearly …
Don’t Go ‘Bottom Fishing’ With These Two Regional Banks Read More »
Yet another bank just fell… By now, I’m sure you’ve seen the news about First Republic Bank. It had roughly $229 billion in total assets before megabank JPMorgan Chase (JPM) acquired it this week. That makes it the second-largest bank failure in U.S. history. My colleague Pete Carmasino covered First Republic’s fall in the April …
You know an airline is desperate when the Uber to the airport costs more than the flight… Most Americans hunkered down during the COVID-19 pandemic in early 2020. But when my apartment lease ended, I had nowhere to go. And the media was painting a grim picture about what was happening across the country. I …
This Overlooked Corner of the Travel Industry Is Finally Recovering Read More »
The market looks very different today than it did just a few months ago… The broad market S&P 500 Index is firmly above its long-term trend line. And the same thing is true about the tech-heavy Nasdaq Composite Index. But retail investors aren’t buying it. They’re panicking out of stocks and into cash. Seriously… We …
Meta Platforms (META) just grew 188% over the previous year… That scares the living daylights out of me. Now, I’m not talking about revenue. The company’s revenue only rose 2.6% year over year in the first quarter. Instead, I’m talking about “AI” – which, of course, stands for “artificial intelligence.” But that’s not all… This …
Folks, we’re in the thick of earnings season… Investors were expecting a bloodbath. After all, many experts believe we’re on the edge of a recession. Well, the results are starting to come in… Roughly 235 companies in the S&P 500 Index had reported their results in this earnings cycle through Thursday. And they beat expectations …
Don’t Let the Invisible Bloodbath Cloud Your Vision Read More »
