Banking sector shares are down but certainly not out, despite the highest inflation in 42 years and growing concerns about a potential recession. Even though banking sector shares have been battered during the latest market downturn, they likely will rebound sooner or later. To be sure, banks are much better capitalized and regulated now than […]
One of the most compelling stories in the world of commodities that should be on everyone’s radar involves the market of rare earth elements, or REE. As a sector that is essential to the modern global economy, it is not widely covered by Wall Street mainly due to the concentration of the industry among privately […]
Having just experienced a market that put in its worst first half of the year performance in 50 years, the question of what to own or how much to have invested in equities is taking on a more serious tone than what has been expressed by investors. The market selloff resembles a slow-motion train wreck […]
Last week, the market encountered a sudden shift for the good. The ongoing narrative of higher inflation, fears of recession and Fed rate hikes gave way to a new narrative that embraced lower inflation, less fear of recession and fewer Fed rate hikes. As a result, equities roared higher Thursday and Friday, setting a new […]
What a rough ride for investors this month. The stock market has declined 11 of the past 12 weeks, with the past week being the worst since March 2020. Just to highlight the events that have taken the market to this point, the Consumer Price Index (CPI) data of two Fridays ago killed the short-term […]
In the last few weeks, I have shared several ideas about how to profit from the current raging inflation, especially in the energy and agricultural space. Friday’s Consumer Price Index (CPI) showed how fast prices are still rising in those two areas, with early June delivering even higher prices. Inflation was rising long before Russia’s […]