Introduction: Prior to starting Deep Knowledge Investing, I was one of two portfolio managers at Silver Arrow Investment Management. I was fortunate enough to have Raji Khabbaz as my business partner. Raji is a first-rate stock analyst and a fantastic investor. The best part of running Silver Arrow was the constant discussion and debates Raji … Read more
The R-star and Shoplifting Issue Lots of interesting news this week where we address these important questions: Jerome Powell is again more hawkish than the market expected or hoped. Rates to 6%? More bank downgrades. One bank index shows no shareholder value creation in 25 years. Nvidia ($NVDA) has a fantastic quarter and the stock … Read more
The Surprisingly Strong Macro and Weak Company Issue Last week’s issue was titled “The Surprisingly Weak Macro Issue” due to multiple negative data points on the economy. Consistent with a trend of inconsistent data which DKI has been pointing out since last November, we got multiple positive data points this week combined with some concerning … Read more
The Surprisingly Weak Macro Issue As we approach the tail-end of 2Q company earnings, the market turned back to focusing on more macro issues, and was immediately “rewarded” by lots of not-so-good news. In this week’s 5 Things, we’ll cover: CPI rose and Core CPI remains sticky. Will the index continue to rise? PPI wasn’t … Read more
The Sovereign Debt Explosion Issue This was the most fascinating week I’ve seen in the sovereign debt market in decades. Sovereign debt is just a fancy name for government bonds. Are we looking at the beginning of a multi-country sovereign debt disaster? Plus, the Saudis extend an oil production cut, a government bailout still leads … Read more
The Corporate Earnings and Clickbait Issue In honor of the entire mainstream media squawking about interest rates at 22-year highs (while being in-line with long-term trends), we’ll be introducing all of this week’s “Things” with clickbait headlines. This week, DKI readers and Twitter (or “X”) followers will get to read about: Fed Raises to Highest … Read more