Tuesday, July 14, 2020
In Uncertain Times, Investors Should Focus on High-Quality Companies Ever hear of International Holdings Co. PJSC? Eh… me neither, until recently It’s turns out, the company is surviving the new depression quite well, thank you very much. Bloomberg tells us that in the last year, the shares are up an astounding 2,819%. That’s nearly 30-fold […]
The Rules for the Global Economy Have Changed Did you hear who’s doing a brisk business thanks to the coronavirus pandemic? I don’t mean Amazon, Walmart, or Zoom, even though they’ve all seen big benefits thanks to social distancing and stay-at-home orders. Instead, I’m talking about a product much closer to my heart. Eggo Waffles! […]
2020 continues to be a year for the record books. I’ve heard the comment “I’ve never seen this happen before” more times over the last month than I have the previous five years. And it doesn’t seem like things will normalize anytime soon. The most recent unbelievable incident to hit the financial markets is the […]
There’s Such Much Oil, They’re Giving It Away The big financial news lately hasn’t been coming from the stock market, but from the oil pits. With most people staying close to home, the global demand for oil has plunged, and its price has dropped through the floor. Actually, not just through the floor, but several […]
The Coronavirus outbreak is a real threat to human life and business results. However, when unexpected tragedies like this outbreak occur, the stock market almost always overreacts to the perceived risks to company results. During the sell-off, stock prices fall too far, even if short to intermediate-term business results will be affected. It takes guts […]
The financial world is still reeling from the aftershocks of the U.S. military’s strike on Qasem Soleimani. In the near-term, stocks dropped, and oil surged. That’s to be expected. I must caution investors to resist the urge to invest with their emotions, especially fear. I won’t venture a prediction of what will happen, and I’m […]
2020 is almost here. It’s a new year, a new decade, and perhaps most importantly, an election year in the US. While the 2020 election is the biggest event that is likely to occur next year, it won’t happen until November. So what’s in store for the economy in the meantime? In a nutshell, the […]
This week was supposed to be all about the Fed meeting. The September FOMC meeting is the first since July, and quite a bit is riding on what the Fed decides to do with interest rates. It’s one of the most critical FOMC meetings we’ve seen in years. However, the Fed’s thunder was stolen by […]
Recently I was contemplating the spill-over effects of the continuing trade war and got to thinking about oil. I figured it was time to send a (very) informal “thank you” letter to China’s President Xi. Here’s the initial draft. Dear President Xi, I wanted to drop you a real quick line to say, “gracias, merci […]
Kids may be getting out of school, but it doesn’t seem like most traders are ready to go on vacation. In fact, it appears that many market watchers are glued to their screen. There’s undoubtedly been a lot more volatility over the past couple weeks than what we’ve gotten used to as the summer approaches. […]
