Treasury bills are now yielding above most online saving accounts
Rates on the short end of the yield curve continue to increase. As 2018 begins, I’m reviewing yields and considering … Read more
Eric Cinnamond
A Table For The 2-Year
Excluding the hiccup in 2015-2016 (energy credit bust), the current economic and profit cycle remains intact. According to conventional wisdom, … Read more
Few Friends For New Trends – Wage Pressure Growing?
For readers who made it through my quarterly management commentary, it should come as no surprise that wage pressure is … Read more
What’s Happenin’ Q3 2017
During periods of inflated asset prices, patience is an essential tool for absolute return investors. In addition to avoiding eventual losses associated with overpaying, … Read more
Getting Old Is Not For Wimps
Considering I don’t own equities, it may come as a surprise that I believe the operating environment for most businesses … Read more
Chick-fil-wAges
My wife just emailed me the picture below. At first I thought she was sending it in support of my … Read more
Driver Of Higher Rates – Good And Bad Inflation
The 5-year Treasury yield hit 2% this morning. It’s not much, but relatively the short to middle of the curve … Read more
Q3 Earnings Season Approaching
As Q3 earnings season approaches, there is a drought of company-specific news and events to analyze. Regardless of the lack … Read more
Would You Rather
Last week I reviewed the investment options in my kids’ 529 plan. Slim pickings was the easy conclusion. Similar to … Read more
It’s Not You, It’s Me
As a portfolio manager, I’ve been hired and fired by clients many times. Similar to investors trading stocks and bonds, … Read more
Role-Play Screening
I’m often asked how I screen for small cap stocks. Most of my formal screens are broad-based and only include … Read more
Bottom-Up Economics
What comes after earnings season? More earnings! Many consumer companies, especially retailers, have fiscal years ending in January and typically … Read more
What’s Happenin’
Over the past three weeks I’ve reviewed approximately two hundred earnings reports and conference calls. While very time consuming and … Read more
Sonoco Products Co (SON) – Counting Boxes
I continue to plow through earnings season and will hopefully finish in the next week or two. At that time … Read more
The Third Time Is The Charm
It’s been ten years since the housing and mortgage bubble began to unravel. While the exact date is debatable, I … Read more