Inflation Is Percolating Despite What The Government Says
Despite the government and its apologists insistence that inflation is “transitory”, reports from companies on the ground suggest otherwise. As you can see in the graphic above, 3M (MMM) forecasted on July 27 that raw materials and logistics inflation would…
Where Are The Girls?
This afternoon, dating app Bumble (BMBL) reported second quarter earnings. Last Tuesday, Tinder parent Match (MTCH) reported the same. If you want a date, check them out. But what about the stocks? Let’s start with Tinder. Tinder is the leading…
The Inflation Question
I went to one who had the reputation of wisdom, and observed to him – his name I need not mention; he was a politician whom I selected for examination – and the result was as follows: When I began to talk with…
Week In Review: The Fed and The Precious Metals, ORCL, KR, SWBI Earnings, Parallels to 1999-2000
The most important event of the week was the Fed Decision on Wednesday afternoon. While the Fed did not make any policy changes (the Fed Funds Rate continues at 0% as well as $120 Billion/month in asset purchases) they did start to talk about inflation raising the possibility of tapering asset purchases and raising interest rates down the road. That was enough to create a dramatic reaction in financial markets.
The Best Of All Possible Worlds
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Gleaning Macro Insights From Earnings Reports: CPB and Inflation, PLAY and Economic Reopening, GME and The Reddit Army, May CPI
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Dispatches From The Bubble: GME, Chuck Vukotich’s 4 Bedroom In Penn Hills, PA and The Porn Star Pumping PAWG Coin
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The Brutal Economics of Food Delivery: The Case of DASH
Almost a decade ago, when DoorDash (DASH) was just getting started, I needed money and took a temp job at their small headquarters at the corner of Page Mill Road and El Camino in Palo Alto, CA. My job was to call local restaurants to get their hours for an upcoming holiday and enter that information into a spreadsheet. It was mind numbing work and it didn’t pay much.
Market Themes/Trends Since The March 2020 COVID Lows: Tech, Reopen Value, Inflation
The stock market has been very thematic since the March 2020 COVID lows as investors try to invest in an environment of extreme uncertainty.
PANW, DE & AZO Earnings
As a generalist macro investor I focus on mega caps or stocks in the S&P 100. I look for high quality, reasonably valued stocks that express my macro views. This morning I feel like digging into a few stocks that recently reported earnings to see if any might be prospects for my portfolio as well as for the light they might shed on the market as a whole.