AVC Strategy Discussion and Stock Idea
SPX gets extremely overbought. Our Core Strategy catches up. A breakout in RUTH is possible.
Friday Investment Talk: Millennials, Buffet, Bitcoin, Russian Taxes
Buffet and Munger hate on cryptos, while Millennials are bored with the stock market.
Russian tax reporting has changed, now requiring insurance products be reported. Fines are a joke.
Latest developments on the Park First investment scandal
As regular readers will be aware, I have been keeping any interested investors who were subject to the Park First investment scam abreast of developments in the situation based on news from the UK.
Last week, news came to light that the Financial Conduct Authority, the UKs’ financial regulator, were close to agreeing a settlement on the Park First scandal with the owners of the outfit.
Worst Six Months
‘Sell in May’ critics are running wild this year. Meanwhile, bearish trends are usually strong in the next six months. Historically, these months warrant caution.
Friday Investment Talk: Emerging Markets, Barron’s Big Money Poll, Seasonality
Closer look at Emerging Markets after last years stellar returns. Barrons Big Money looks bullish from the outside only. SaaS is overvalued still.. Seasonality shifts towards small caps. Financial Vulnerability is a hot topic after COVID.
Financial Vulnerability
An ageing population and the COVID pandemic brought attention to the topic of Financial Vulnerability. Power of Attorneys are a good starting point for discussion, but much more needs to be done to protect everyone.
Earnings Commentary: Netflix
App downloads were falling for Netflix during Q1 as people came out of COVID lockdowns. Did the vaccines kill NFLX?
Friday Investment Talk: Housing, Gold, Consumer Loans
Housing prices rose strongly in 2020, most of the growth in non-Urban areas. Furnishings and additions were also unusually strong as more people used their house for an office and school during COVID lockdowns. Uncertainty around gold’s direction continues, but Bitcoin looks to break out above $60K soon. The US auto manufacturers are suffering from Read more ➝
Private Debt: US Consumer Loans
Every year, major US banks are forced to de-leverage their balance sheets and sell off portfolios of consumer loans at deep discounts to experienced buyers. This Bond provides access to this distressed asset class.
Friday Investment Talk: Oil, China, Economic Cycle
Macroeconomic charts say industrials will do well. China and US push limits and fears of trade wars and currency problems. Oil remains strong, as seasonality supports more large cap strength.