Inflation Is Percolating Despite What The Government Says

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?

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

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

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

The Best Of All Possible Worlds

Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…

The Brutal Economics of Food Delivery: The Case of DASH

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.

PANW, DE & AZO Earnings

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.