It is more than a shift from growth to value style investing. The Great Rotation is a move out of overvalued long duration equities and fixed income securities and into undervalued commodities and basic resource stocks. pic.twitter.com/fvveNFQIWa — Kevin C. Smith, CFA (@crescatkevin) March 1, 2021 Investors have implicitly understated hurdle rates and overestimated growth … Read more
ARK has taken a few obscure stocks, bought huge quantities of shares, and driven up the prices to extreme valuations. There is no way to exit those positions without collapsing the prices. It is one big house of cards ready to fall. — jaberwock (@jaberwock2) February 28, 2021 Stocks won’t collapse until this thing sees … Read more
https://www.investopedia.com/berkshire-hathaway-earnings-4q2020-annual-letter-5114383#:~:text=Earnings%20per%20share%20(EPS)%20were,%2C%20up%20by%2024.6%25%20YOY. This is huge! Here’s the annual letter: https://www.berkshirehathaway.com/2020ar/linksannual20.html The coolest thing is that despite selling some Apple stock, BRK shareholders’ percentage ownership of Apple actually increased from 5.2% to 5.7%! Also, even though he states that $KHC was trading at less than carrying value at year end, the stock has since rallied. It now … Read more
STEEL PRICES 👀 👇👇👇 pic.twitter.com/fpFcqJQK5O — Win Smart, CFA (@WinfieldSmart) February 28, 2021 $RUT pic.twitter.com/ugixG2yiSY — Álvaro Oviedo (@alvoviedo) February 27, 2021 "The major financial institutions in the US and around the globe are utterly opaque; and The next financial crisis will happen faster, more suddenly." –Paul Singer — Dave Collum (@DavidBCollum) February 28, 2021 … Read more
by UPFINA In the next few months, the housing market is going to cool off because more supply will come on the market, rates are rising, and the trend of people moving to the suburbs is going to partially reverse. Single family housing benefited from the virus. Once the pandemic is over, we will see some … Read more
First predicted nearly 20 years ago, researchers have finally (and accidentally) proved the existence of a new state of matter: ‘liquid glass’. AO
https://twitter.com/Breaking911/status/1365819857443426306 Governement ordered the shutdown and broke the back of the economy. Break it, buy it. Americans need help with car payments, mortgage, rent, and everyday necessities. The people, not government, corporations, or billionaires, need this help. Consider $10,000 a down payment. — Rep. Paul Gosar, DDS (@RepGosar) February 27, 2021 Arizona’s Paul Gosar Proposes … Read more
by Troy & Vaishali What a week it has been! Various markets saw noticeable declines on news of rising yields. The strong upward trend for stocks is finally taking a long-overdue breather and so is extreme sentiment. Let’s look at some bullish and bearish factors to give us a better idea of what the markets are … Read more
by Martin Armstrong Biden has ordered that 56 US Attorneys appointed by Trump must resign by today or be fired simply for being Republicans. This ensures that Hunter Biden will never be investigated and it is outright corruption of the Rule of Law. Never has such discrimination taken place whereby you cannot discriminate if they are even … Read more
ANALYSIS/OPINION: President Joe Biden’s coronavirus stimulus package outlines a one-time $1,400 check to families financially affected by the virus. Yet the fine print in the House stimulus bill sneaks in this fascinating nugget: If you’re a federal employee, you can receive $1,400 a week in paid time off for 15 weeks if you decide to … Read more