First Half Headlines are all Terrible Unless You’re a DKI Subscriber

At this point, you’ve probably read at least a dozen headlines explaining that the first half of 2022 is the worst for the market in over 50 years.  The headlines and commentary we’re seeing are apoplectic.  This came from Barron‘s last night: The first half of the year was terrible. Worst in decades for stocks. … Read more

Yahoo Finance Gets it Right on S&P 500 Earnings

Last week, in an article titled “One Way or Another, We’re Going to End Up in the Same Place“, we wrote that we expected the Federal Reserve rate hikes to work and in the process, cause a further slowdown in economic growth.  Deep Knowledge Investing has said and written since February that the US economy … Read more

The Depth Report – The Reasons Sell-Side Research is Hopelessly Behind

Overview: We’ve had some fun lately at the expense of Federal Reserve Chairman, Jerome Powell, who kept interest rates at zero for far too long and insisted that inflation would be “transitory” well past the point when Deep Knowledge Investing was warning it represented a real and persistent problem.  Then, we took note of “Hurricane” … Read more

Special Guest Post – How the Petrodollar System Restored, Then Ruined, America’s Economy

Tree of Woe does the kind of deep-dive analysis that gets our attention here at Deep Knowledge Investing, and also has the funniest subscription page I’ve ever seen actually offering “moments of true woe and deep despair”.  The recent “Running on Empty” series exploring the origins and effect of the petrodollar system is the best … Read more

Fed Raises by 50bp – Largest Increase in over 20 Years

Today, the Federal Reserve raised interest rates by 50bp (half a percentage point), the largest increase since 2000.  They also laid out plans to start slowly unwinding the enormous $9 trillion balance sheet the institution is carrying.  We first highlighted the danger that understated and rising inflation posed back in November while the Fed was … Read more

The Depth Report As We Predicted, the Real Estate Market is Starting to Turn – and Here’s What’s Happening to Credit Quality

Overview: Two months ago, we did a webinar with DKI Board Member, Howard Freedland, and his business partner, Sophie Schneeberger of Echo Fine Properties.  We warned that higher interest rates would lead to higher mortgage rates, and that would lead to a softening of the real estate market.  We suggested that people who were going … Read more

The Depth Report Bitcoin 2022 – How I Learned to Stop Worrying and Abandon Fiat Currency

I spent most of last week at the Bitcoin2022 conference in Miami.  A few notes on the experience:   First, the amount of enthusiasm, energy, capital, and intellectual horsepower behind Bitcoin, cryptocurrencies, the blockchain, and the developing applications of these technologies is incredible.  For those of you who haven’t seen it yet, there are enormous … Read more

Bitcoin 2022 Conference in Miami

Hi All, I’m heading to Miami tomorrow for the Bitcoin 2022 conference.  Michael Bucella, Partner at BlockTower, who did a webinar with Deep Knowledge Investing last summer will be there as well as Anthony Pompliano who helped publicize our white paper on Bitcoin.  It should be a fantastic opportunity to learn a lot in four … Read more

The Depth Report And We’re Off – Fed Raises Rates – And Then Says What?!

Overview: After months of teasing, last week, the Federal Reserve announced an increase in the Fed Funds rate of 25 basis points (.25 percent) from the current zero (approximately).  While this was the smallest possible increase, the Fed indicated it was expecting to raise rates another six times this year and potentially, another 3-4 raises … Read more