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
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!
An article about poor earnings reports from retail companies in today’s Wall Street Journal noted, “The results are prompting Wall Street to wrestle anew with the idea that the global economy could be headed for a recession.” We warned about stagflation in February. We said clearly in May that stagflation is here. And we most … Read more
Yesterday, we got the same question from an existing client and a prospective client. They both wanted to know if we were taking off our market short. We’ve been publicly short the S&P 500 (ticker: SPY) and the NASDAQ (ticker: QQQ) since the first week of January. It’s been our most profitable position this year … Read more
Overview: Last year, a message board on Reddit called Wall Street Bets succeeded in driving up the prices of GameStop (ticker: GME) and AMC Entertainment (ticker: AMC) by huge amounts. The efforts caused billions of dollars of losses at hedge fund, Melvin Capital, enabled some large insider sales, and resulted in the bizarre occurrence of … Read more
Webinar – All the news is bad. Why do the markets keep going up? A conversation with Gary Brode and Raji Khabbaz (Portfolio Manager of ArcanX, Member of the Deep Knowledge Investing Board of Advisors) Monday, April 4th at 4:30 Eastern Free but registration required: https://deepknowledgeinvesting.com/webinar/
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
We published a piece in the newspaper that deals with issues so important, we wanted to re-emphasize them here. For our non-U.S. subscribers, please note that while certain discussion of U.S. policy won’t apply to you, key points on energy and food inflation will affect you as well. Link to the original article is here. … Read more
Preparing for Recession/Stagflation: In November, we prepared subscribers for coming inflation and noted that the current CPI number was not accurate. We wrote: “Those huge increases in energy, housing, and food prices indicate that the relatively benign CPI number is underestimating the issue.” In February, we openly said that the recent GDP number of 6.9 … Read more
