Weekly Points – August 16th, 2024 – 5 Things to Know in Investing This Week – The Disinflation Issue
The big news this week was the lower-than-expected CPI and PPI figures for July. While expectations for a September 50bp (0.5%) rate cut by the Fed changes on a daily basis, DKI agrees with current consensus that we’ll see a 25bp cut next month. We believe that’s premature and unwise, but still think that’s what’s … Read more
July CPI is 2.9% – Breaks 3-Handle
Overview: Today, we got the July Consumer Price Index (CPI) report which showed an overall increase of 2.9% for the last year and 0.2% for the month. That’s below last month’s 3.0% and expectations of 3.0%. The 0.2% monthly increase was in line with the 0.2% expected, and a bigger increase vs last month’s -0.1%. … Read more
Weekly Points – August 9th, 2024 – 5 Things to Know in Investing This Week – The We Don’t Have Your Data Issue
At the same time the Bank of Japan caused panic and traders began to unwind the carry trade, something DKI has been talking about since October of 2022, multiple retail trading platforms failed. It might be a good time to hedge your portfolio, or have some assets outside the financial system (or both). Last week, … Read more
July PPI is Below Expectations
The PPI stands for Producer Price Index. The reason it’s important as a measure of inflation, is generally, producers see an increase in prices first. When those producers pass on price increases to consumers, we then see that as inflation reflected in a higher CPI (consumer price index) or PCE (personal consumption expenditures). I’ve been … Read more
Current Recommendations Page Updated
Hi All, I’ve just updated the Current Recommendations page and modified the presentation. As explained on the page, some outsized returns in positions like Bitcoin and my participation in the authID secondary have moved my portfolio weightings. While I view Bitcoin as a long-term holding with huge upside, that doesn’t mean I’d recommend someone new … Read more