The U.S. dollar is the king of currency… It leads the global economy. And all other currencies depend on what’s happening with it. It’s easy to see this relationship in international transactions. Since the dollar is the world’s reserve currency, that’s how many of these deals are settled. Take the Taste America grocery store in …
When the U.S. Dollar Retreats, These Stocks Surge Read More »
Editor’s note: The markets and our Chaikin Analytics offices will close Monday, January 16, for Martin Luther King Jr. Day. As a result, we won’t publish our Chaikin PowerFeed e-letter that day. Look for your next issue on Tuesday, January 17. It’s hard to know who to trust these days… As my colleague Marc Gerstein …
We’re heading into “one of the most anticipated recessions of all time”… Or maybe not. Bloomberg surveyed more than 500 Wall Street strategists to kick off the new year. And the news service concluded that we should expect “fresh pain for investors” in 2023. But not everyone got the memo apparently… As I’ll explain today, …
Earnings Estimates Are Way Too High for a Recession Read More »
Whether you like it or not, Elon Musk is one of the world’s great visionaries… Sure, he wasn’t the first person to dream of vehicles that run on electricity rather than gasoline. But with Tesla (TSLA), he’s the one turning the dream into reality… Over the past decade or so, Musk started making electric cars …
Stop what you’re doing… Before you do anything else, search “value investing” on the Internet. Then, go to almost any financial website that pops up. I bet they all include a sentence like… Value investors buy stocks priced below what they’re really worth. Now, this idea might sound simple. But some supposedly smart people just …
It’s easy to get overwhelmed when you think about the economy… After all, it seems like “official” statistics come out every other day. And of course, analysts and pundits love dissecting these numbers to try to figure out what will happen next. But at its core, the economy works in a four-phase cycle. And it’s …
It’s no secret to anyone that the technology sector is getting pummeled… But the worst might not be over yet. You see, one technical pattern keeps popping up on the tech sector’s chart. And it’s creating an ominous warning signal for this group of stocks. It gets worse… The tech sector as a whole isn’t …
Almost three years ago, the COVID-19 pandemic crippled the economy… Public venues shut down and our borders closed to try to prevent the virus from spreading. All the major sports leagues stopped playing. And all types of travel stopped operating. Folks couldn’t spend on flights, cruises, or other fun activities. So in turn, they hunkered …
The Stimulus Checks Are Gone… Americans Spent It All Read More »
The Federal Reserve’s special power is convoluted… As history shows us, the Fed’s interest-rate hikes almost always precede financial calamity. And yes, we all know how much rates have risen since the central bank started using this weapon to attack out-of-control inflation last year. The benchmark federal-funds rate now sits in a targeted range between …
Be Patient as the Fed Fixes Its ‘Communist’ Policy Read More »
Many folks believe right now is a terrible time to invest. But I ask you… How is right now worse than almost any other time since humanity began? Sure, political strife feels like it’s out of control today. But when was it otherwise? If you long for the good ol’ days, think about Alexander Hamilton …
