As with almost everything in finance, the answer is that it depends. Buybacks have been receiving a lot of criticism lately in the financial media. The most common complaint I here is that companies are only growing earnings per share year-over-year because they’re reducing the outstanding number of shares and not making investments in the…
China The Chinese stock market has probably been the hottest market over the last year. While exciting for the time being, I don’t trust it one bit. The Chinese economy has been supported by an unsustainable increase in credit the past few years and the bubble has the potential to pop at any moment. There…
I wrote in my letter to clients earlier this year that the only thing I’m certain about in the markets moving forward is that volatility will be higher than the past few years. As we move further down the path of currency wars and central bank policy divergences, there are some large risks looming overhead…
Couldn’t have said it any better myself. Thanks, Will Ferrell. -Nick
Have you ever felt like you were missing out on a stock that was rising and wanted to buy it? Or worse, after watching it go up for a few days or even a few weeks in a row, couldn’t take it anymore and decided to actually buy it before it went up even more? …
It’s no secret that technology continues to change just about everything. Two major themes that have been growing the past few years are automation/robotics and the Internet of Things (IoT). It all has to do with integrating everything with technology – the connectivity – to control, track, store and analyze data. This makes things more…
It seems like the only thing I hear in the financial media these days is talk about when the Fed will raise interest rates but I think people are missing the forest for the trees. The US dollar continues to surge higher and by letting it rise, effectively the Fed is already tightening. I don’t…
My next few posts will take a look at the world from a longer-term perspective and discuss some potential investment themes that I think provide interesting opportunities. This first post will discuss Bitcoin, the very confusing and often misunderstood cryptocurrency. I’ve loosely followed bitcoin for the past 2 years but just started doing some in-depth research…