Howard Marks, CEO and Founder of Oaktree Management, has established himself as a pioneer in the investing industry. Marks is renown for prudent risk management and wise allocation across asset classes while his clients (totaling some $120B+ as of June ’19) benefit from his investing philosophy that sounds simple, but has significant implications. I read…
Author: Edward McCann
Hello all, my name is Andrew Martin. I am a former classmate of Eddie McCann. I am an Economics major with a minor in Applied Data Analysis. My goal in writing this article is to encourage discourse. I will not utilize ‘hot takes’ in my writing to rile up readers. Instead, I will cite factual…
TSLA: The Good, Bad and UGLY
Tesla (NASDAQ: TSLA) released Q2 earnings yesterday in the middle of a week loaded with tech, airline and industrial reports. This provided a brief respite from the market’s intense focus on the FED’s rate decision and Mueller’s testimony before Congress. TSLA’s numbers were unimpressive, and Wall Street ruthlessly punished the stock, sending it down more than…
Midyear Review: Where We Stand, Where We Go
The outperformance of the first half of 2019 is a result of strong earnings seasons mostly limited by alternating reports of advancements and roadblocks in trade negotiations with China. At the midyear point, the street places a keen focus on the FED’s (likely) decisions to lower rates in efforts to prolong what has been the…
End in Sight?
Factors at play for a Recession
Stock Pick: Micron Technologies (MU)
Value in an expensive market
2 down, 10 to go: 2018 Outlook
Until mid-February, U.S. Equities had the strongest start to a year since 1987, mostly catalyzed by tax reform and a seemingly endless inflow from investors who are scared to miss out on an ongoing bull market. With valuations and debt at all-time highs, three more rate hikes on the horizon, and increased volatility, could February’s…
Too Much Winning?
Countless macroeconomic indicators suggest that the U.S. is in the late stages of the current economic cycle. Strong earnings growth, low unemployment (approaching 4.0%), high consumer sentiment, record-levels of debt with overwhelmingly friendly lenders, you name it, can conditions get any better (except perhaps retail)? These strong indicators will deteriorate in response to some event/reversal…
The Ultimate Hedge
Market pullback? Maybe sometime soon. Increase in volatility? Imminent.
Tesla’s Tipping Point
The best time to go short…or long?
The Rich Won’t Like Buffett’s Advice
How the rich have wasted billions
One Thing is Certain: Uncertainty
Which industry has the greatest uncertainty in a new Trump administration?