AK2 My regular readers know I have been very bullish on silver for about 18 months. Finally, the breakout and run higher may have begun in earnest during March-April. My last article on silver’s bullish setup in January here explained the striking phenomenon of historically high lease rates. Such suggested immediate tightness in the physical…
Zerbor Earlier this year, Seeking Alpha’s Wall Street Breakfast conducted a survey of its large pool of investment analysts, and one of the key questions concerned expectations for the 11 S&P 500 sectors during 2024. Here’s a chart showing the sectors in column A, column B shows the percentage of investors that thought the sector…
Olena_T Approaching 2024, I have assigned Citigroup (NYSE:C) a “Strong Buy” rating, arguing that the bank’s stock is on the brink of appreciable valuation growth due to several key factors: The bank has lately been making good progress in restructuring its operations, setting up for an expanding cost-to-income ratio going into 2024 and beyond. Moreover,…
DANIEL ROLAND/AFP via Getty Images Introduction I previously covered Commerzbank (OTCPK:CRZBF) back in December 2023, highlighting Commerzbank’s strategic 2027 plan and its capital return potential relative to its largest peer, Deutsche Bank (DB). As expected, the bank is currently executing a 600 million EUR buyback as part of its 2023 capital return. In today’s article,…
Forged documents, anachronistic evidence, and false statements. According to the Crypto Open Patent Alliance (COPA), Craig Steven Wright has over the past years presented it all in an effort to prove he is Satoshi Nakamoto — and the non-profit believes it is now time to bring a halt to his “brazen lie”. On day 1…
StudioEasy/iStock via Getty Images Debt structure – leverage The current recorded on-balance sheet dollar liabilities are $94,75 Trillion. See the breakdown below: TOTAL DOLLAR LIABILITIES (FRED, BIS) Current dollar liabilities is 357% of U.S. GDP currently (recorded $94 T., not included $80T FX Swaps, other offshore bilateral repo transactions). After the GFC dollar leverage (recorded…
primeimages/iStock via Getty Images In just three weeks, the consensus has gone from questioning the validity of the bull market to putting its first correction behind us to seeing the S&P 500 climb within 6% of reaching a new all-time high. As the major market averages pushed higher last week, the most encouraging development was…
Matthew Nichols/iStock Editorial via Getty Images Introduction Wells Fargo & Company (NYSE:WFC) is a well-known name in the U.S. banking landscape where it is considered a top-5 player in the financial services industry. Although the U.S. banking sector has faced some headwinds recently, the sector’s financial performance has held up better than I expected, and…
RTimages/iStock via Getty Images When I last wrote about Reviva Pharmaceuticals Holdings (NASDAQ:RVPH) in September, I rated it a buy ahead of upcoming results from the phase 3 RECOVER study of its antipsychotic brilaroxazine in schizophrenia. This article takes a look at the results from RECOVER-1, announced on October 30, and what lies ahead now….
Pgiam/iStock via Getty Images The Treasury Market vs. the Equity Market The Economy (SPY or S&P 500) represents the real economy, which is a Coincident Indicator. The coincident indicator is a combination of the real (inflation adjusted) Gross Domestic Product [GDP] (or the real Domestic Income [GDI]) and the Labor Market. The labor market components…