Opinion, Not Investment Advice. See Terms Above. Disclosure: We own a meaningful amount of CPS stock.
On June 7, 2022 we broke our Cooper Standard (CPS) thesis publicly on Fox Business for the first time: Continue reading “A “Sealing Systems” Stock Market (and Sentiment Results)…”
The Hawks were out this week, trying to walk-back the “data dependent” pivot from Chairman Powell last week. With a technical recession now booked in the rear view mirror (2 quarters of negative GDP growth in 1H), DON’T BUY IT! Continue reading “The “Jawboning” Stock Market (and Sentiment Results)…”
Philip Vassiliou, the CIO of Legatum (who we interviewed a few weeks ago here), thoughtfully sent me this great note on Wednesday – written by another investing legend Howard Marks. I’ve read Howard’s notes over the years, but this was one of the best. The most important lines for me were: Continue reading “The “Better Than Feared” Stock Market (and Sentiment Results)…”
Last Thursday morning we published our article “As Bad Is It Gets,” and so far that has proven to be true:
Continue reading “Chris Stapleton “Starting Over” Stock Market (and Sentiment Results)…”
The July survey covered ~259 managers with $722 Billion in assets under management. Continue reading “July 2022 Bank of America Global Fund Manager Survey Results (Summary)”
In 1997, Jack Nicholson co-starred with Helen Hunt in a movie called, “As Good As it Gets.” When it comes to markets, you want to be a SELLER when things are “As Good As it Gets.” However, it pays to be a BUYER when things are “As Bad As it Gets.” Continue reading ““As Bad As It Gets” Stock Market (and Sentiment Results)…”
Today we released the interview I completed with Philip Vassiliou – Partner and Chief Investment Officer of Billionaire Christopher Chandler’s Legatum. Philip is in charge of all investment activities for the firm. Continue reading “The Billionaire Investors You Have Never Heard Of…”
Einstein once said, “The definition of insanity is doing the same thing over and over and expecting different results.” That’s exactly what the G7 decided to do when they published their communique on Tuesday and drove the Dow down ~500 points and energy prices UP. Continue reading “The G7 “Double Down” Stock Market (and Sentiment Results)…”
For those of you who have been on Twitter for some time, you are aware this header image meme has been around for a while. We adapted it to embody the dilemma US managers are facing as we enter a world where the West continues to tighten policy (to slow consumption), while China and Japan keep the full pedal to the medal – easing monetary and fiscal policy – in an effort to dramatically increase consumption. Continue reading ““Should’ve Been Me” Stock Market (and Sentiment Results)…”
On Tuesday, I joined Ashley Webster on Fox Business – the Claman Countdown – to discuss the Stock Market, Fed and Opportunities. Thanks to Liz and Ellie Terrett for having me on: Continue reading ““Take Your Medicine” Stock Market (and Sentiment Results)…”
