A biweekly newsletter from our Founder & Portfolio Manager, Ryan A. Hughes. Straight talk on markets, taxes, and money. Read by 2,700+ people who value clear thinking.
If the name Martin Shkreli doesn’t ring a bell, you’ve probably heard of him via his reputation. The 32 year-old is perhaps the most famous pharmaceutical price gouger in history. His company purchased an out-of-patent medicine, Daraprim, and raised the price of the life-saving drug in September from $13.50 per pill to $750 per pill, a 5,455%...
Oil has dominated headlines recently. The single most important commodity on the planet has been under significant pressure lately. If this doesn’t tell you that something is wrong with the global economy, then I don’t know what can. This drop can be attributed to a stronger US dollar, slowing global demand, and ever-increasing supply from...
Many investors still believe in the Santa Claus rally. Why not? It is a phenomenon that happens more often than not. The Santa Claus rally usually happens during the week between Christmas Day and New Years Day. What is the reason behind this rally? Is it because a lot of investors are more cheerful around...
Within the past few weeks, things have been looking moderately better in the U.S. and Europe. U.S. GDP is reporting stronger growth and European quantitative easing seems to be working, despite the recent Greek debt drama. So, shouldn’t the market bulls be off to the races? Not quite. For one, after a historic 6 1/2...
After a historic 6-year stock rally, this may be the unanticipated event that slows the U.S. stock market advance. The US Dollar started its impressive rally back in July 2014 when investors were contemplating the end of QE. The USD rally is the longest in history and the index is up over 25% since.
America has its economic swagger back. And it’s about time. Cue the theme song from Rocky and break out your American flag t-shirt. That’s right, the greatest nation on Earth has returned to the economic forefront. But, as always, there are threats to the U.S. recovery: the likely eurozone recession, the Chinese slowdown, and the...
Believe it or not, but we are witnessing history in the making. From the March 2009 lows, the 5 year and 9 month S&P 500 bull market rally has resulted in a 203% cumulative return! Most that have participated in this historic run are a bit nervous about the risks to the market. Many professionals...
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