Another Big Fed Rate Hike

As “expected” the Federal Reserve raised the fed funds rate by another 75 basis points (.75%) today.  We put “expected” in quotation marks because when we started writing about inflation ten months ago, the big Wall Street firms thought we’d get a total of 75 basis points of rate hikes for all of 2022.  We … Read more

I Know That You Know That I Know That You Don’t Know What You’re Doing

The title is intentionally confusing. Introduction: One of the most challenging parts of trying to evaluate the stock market is the second-order game of figuring out what everyone else is expecting.  I’ve seen uncertain situations where we got the “bad” outcome and the stock went up on resolution of the uncertainty (even if it was … Read more

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 – One Way or Another, We’re Going to End Up in the Same Place

Overview: The stock market, market analysts, and all of us here at Deep Knowledge Investing have been closely watching Jerome Powell and the Federal Reserve for signs regarding future interest rate hikes.  After keeping rates at zero and calling inflation “transitory” for far too long, he now seems focused on aggressively increasing interest rates to … 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

The Depth Report – A Basic Guide to Hedging for the Amateur/Intermediate Investor

Overview: We’ve been getting a lot of important questions recently from amateur investors regarding some of the more advanced topics we discuss at Deep Knowledge Investing.  Many people have been taught about things like diversification and dollar cost averaging, but don’t really understand things like hedging, offsetting different kinds of risk, or shorting stocks.  That’s … Read more

DKI to be Interviewed by Invested.dk

Hi All, I’ll be speaking with Invested.dk about oil, gold, currency, and portfolio hedging on Tuesday, June 28th at 2pm Eastern time.  If you’d like to listen in, you can register here:  https://attendee.gotowebinar.com/register/6123050936335466510 . Thanks to Invested.dk.  Looking forward to the conversation!