1Q ’24 GDP of 1.6% Misses Expectations
The first estimate for 1Q GDP came out this morning. Growth of 1.6% was well below expectations of 2.2% with some economists expecting a much higher number. As usual, we’ll go through a couple of adjustments. DKI adjusts for change in private inventories because it reflects inventory stocking or de-stocking as opposed to actual economic … Read more
Weekly Points – April 19th, 2024 – 5 Things to Know in Investing This Week – The Halving Issue
This was an exciting week for Bitcoin holders and hodlers as the fourth-ever halving took place on Friday. The American consumer got back to work spending ever more on goods and services. Some of that was inflation and some was more consumption. That same consumer is a bit overstretched and some have started paying fees … Read more
Our Portfolio is Prepared for “Higher for Longer”. Is Yours?
Highlighting this hilarious meme created by DKI subscriber, David from MA. We’re ready for higher rates! Thanks David!
Weekly Points–April 12th, 2024 – 5 Things to Know in Investing This Week – The Inflation and Oil Issue (Includes Video Version)
This was a big week for connected events. The increase in the CPI was a surprise to the disinflation crowd that’s been screaming for lower interest rates for almost two years. Higher CPI leads to higher for longer interest rates which pushes up the dollar against the yen. That’s about to force the Bank of … Read more