China Thinks the US Will Blink First in the Trade War
The Chinese renminbi remains in an upward trend against the US dollar, even though the pace of appreciation has slowed…
Dutch Bros Coffee is Starbucks for the Next Generation
Dutch Bros, the popular west cost drive through coffee chain is going public. The IPO is set for Wednesday September…
The End of the Stock Market Rebound is Only One COVID Mutation Away
The bias towards the pro-cyclical view here has in part been based on the assumption of vaccine efficacy and the…
The US Listed Chinese ADR is Dead, Invest in the Mainland Instead
Staying on the subject of last week’s article on China, a risk of late is that the direction of travel…
To Survive China’s Market Crackdown: Pick Your Sectors Wisely
There has been an almost perfect storm in recent weeks in terms of Chinese regulatory initiatives against private sector companies…
Rising Rents Feed Inflation, While Lower Bond Yields Trip Up Cyclicals
The June US CPI data came in well above consensus while the July data, released last week, still shows CPI…
Do Bond Investors Know Something about the Virus We Don’t?
It is always easy to come up with ex post facto rationalizations of market action. But this writer has to…
Weber vs Traeger: Who Makes the Best Grill and the Best Stock?
Weber and Traeger are not only selling grills anymore, they are also selling stock. The two largest national grilling brands…
Owning Bonds is a Losers Game in a World of Unorthodox Money Policies
The biggest risk to the pro-cyclical view has always been that the vaccines cease to be effective against the new…
Robinhood is Now a Meme, But More Important is What Comes Next?
It's official you can buy Robinhood stock, on Robinhood. After what seemed like months of breathless media coverage, the digital-first…