The biggest stocks keep getting bigger
April 2020
Is Inflation Coming Back?
Should you be worried about inflation?
It’s a Stock Picker’s Market
It’s hard to distinguish yourself from the crowd when everything is moving in unison. For stock pickers, 2020 is not one of those years. Through the end of the first quarter, we have seen the biggest dispersion of returns for the stock market since 2009. In theory, this should provide an opportunity for those with…
These Are the Goods
-The time to build
-Bailout Nation
-Who pays our debts?
-The economy versus the virus, and much more
Shades of the Dotcom Bubble
The last few weeks have been the craziest period for tech stocks relative to small stocks since the dotcom bubble. The chart below shows the average difference in daily returns over rolling 35 day periods. I know that was a mouthful, but what this simply means is that over the last 35 days, the average…
Animal Spirits: The Second Wave
On today’s show we discuss:
-The Airlines bailout
-What happens to the self-employed unemployed?
-Where people are spending money
-Tail-risk, and much more
This is Why We’re Angry
Is the average American better off today than they were four decades ago?
Animal Spirits: Mountain of Debt
On today’s show we discuss:
-Bob Iger’s not leaving
-Contact tracing
-Bear ETFs
-What we’re watching, and much more
These Are the Goods
-The scars of 2008
-Bailouts
-Running a business, and much more
-A look back at The Karate Kid, and much more
Animal Spirits: The Fed’s Bazooka
-Liquidity versus reality
-Cruise bonds
-The flight to cash
-The new pension plan, and much more
