Gold has been a solid performing asset class this year: It’s up nearly 30% year-to-date. Gold investors have been bidding up the shiny metal in anticipation of the Federal Reserve easing policy by way of rate cuts. It’s a trade that has done well in the past: When the Fed starts to cut, gold rallies […]
Have you seen this chart floating around your favorite internet haunts? It shows Ferrari’s (RACE) stock price – which has soared 122% since 2023 and now sits near all-time highs – against Dollar General’s (DG) stock, which, well, hasn’t done so good. Now, Dollar General is often the only retailer for miles in rural areas. […]
Gold is having a standout year. The yellow metal is up more than 21% on the year, and touched a new record high of $2,531 per ounce in late August. The flip side is, large gold miners have not seen a commensurate rise. A few reasons for this is the margin pressure from inflation makes […]
What was to be an eight-day trip turned into a months-long ordeal. The Boeing Starliner is the vessel that got Butch Wilmore and Suni Williams to the International Space Station (ISS). I’m sure it was hyped up by the company as the next big thing. Now, the astronauts are stuck in space because the Starliner […]
As it stands, the “stock market” is a very concentrated group of tech stocks with some banks sprinkled in. Positioning is still extremely crowded, and the derivatives on these assets continue to drive the markets, showing that volatility is still cranked. But there’s a group of stocks that could do exceptionally well as institutional capital […]
In case you hadn’t seen the biggest revelation from Berkshire Hathaway’s latest quarterly filings: Source: CNBC Wall Street’s expectations were that the firm would dump around 100 million Apple (AAPL) shares. It ended up selling 400 million. That’s impressive – nearly $88 billion dollars moved around, and nobody sniffed it out beforehand. In a less […]
There’s a lot going on in… and around… the financial markets right now. We’ve got several major liquidity moves taking place as capital flows out of the Magnificent Seven… Poor jobs data that triggered a highly reliable recession indicator… Not to mention political and geopolitical narratives reaching fever pitch. To explain exactly how we’re approaching […]
We’ve already covered the first two inflation narratives (you can get up to speed on those right here if you missed them). Now let’s talk about the third and fourth… Narrative 3: Corporations Over People If you’re an employee at a large tech firm, things are still sailing smoothly for you. Salaries are still high, […]
