Month: March 2021

(The Center Square) – Red states are leading economic growth in the U.S., a new report by the U. S. Commerce Department shows, with South Dakota, Texas and Utah reporting the highest growth. The report is based on 2020 fourth quarter gross domestic product (GDP) data and February 2021 unemployment rates. Real GDP increased in all 50 … Read more

by Margincall69 Two major banks (so far) have announced major multi-billion losses in relation the forced liquidation of Archegos’ trades, Nomura and CS. Here is CS’ statement released early today: https://preview.redd.it/j8vmfwm04xp61.png?width=1158&format=png&auto=webp&s=93ce6e086cd7e481eb5de3de51fc91a51291b9dc It tends to confirm that liquidation is not over yet, so brace for further impact in stocks like VIAC, DISCA… Forced liquidation is messy … Read more

Presentation They are projecting adj. EBITDA of 1.98 Billion in 2024 but they are assuming 85% occupancy to get that figure, so I don’t know how realistic that figure is. Wework is a much better company that last time it tried to go public and the new management has cut costs with a chainsaw. I … Read more

by Kaawumba Robert Shiller has discovered a backward looking metric, which he calls Excess CAPE Yield (ECY), that shows a correlation with future returns. He discusses it in a blog post (https://www.project-syndicate.org/commentary/making-sense-of-soaring-stock-prices-by-robert-j-shiller-et-al-2020-11), but doesn’t go into that much detail. He does share the underlying data on-line. Essentially, ECY measures how desirable stocks are compared to bonds, … Read more

by reggieoninvesting According to CBOE, ARKX will begin trading on Tuesday, March 30, 2021.https://markets.cboe.com/us/equities/notices/new_listings/details/?etf=true&firm_name=ARK&first_trade_dt=2021-03-30&ipo=true&symbols=ARKX Here are some stocks and SPACS that could be in their holdings. I made a spreadsheet so you can see my full list there. I’ve also included the holdings for the Japan Space Exploration Mutual Fund for December 2020 through March 2021 with … Read more

https://www.bloomberg.com/news/articles/2021-03-29/credit-suisse-flags-potential-significant-loss-from-hedge-fund ​ The article is linked above, we should dig more into this as news comes out and find out the exact causes. Apparently 20B in shares had to be sold, that just doesn’t happen left and right. This is a rather rare occurrence in my opinion. ​ Remember before the financial crisis there were … Read more