PM Images By SchiffGold Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are, regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect. One key metric shown below is the…
Today marks a significant event as Bitcoin experiences its fourth scheduled halving. This event, also known as the halving, occurs approximately every four years and has far-reaching implications for the Bitcoin ecosystem. As Bitcoin Magazine prepares for a halving livestream, powered by Kraken, to commemorate this event, it’s crucial to understand what the halving is…
ugurhan By Warren Patterson The risk of disruption to Middle Eastern supply grows While price action in the oil market has been somewhat surprising following Iran’s attack on Israel, the risk of tensions in the Middle East impacting oil supply is certainly growing. The lack of price strength following Iran’s recent attack is largely due…
Blackstation The Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) tracks the FTSE Taiwan Capped Index and offers investors exposure to Taiwanese mid and large-capped equities. The fund offers indirect exposure to technologies that are enabling the ascent of AI. Despite the positive performance, the fund still remains exposed to high levels of geopolitical risk, as China continues…
da-kuk Investment Thesis In my view, the BlackRock iShares Bitcoin Trust (NASDAQ:IBIT) is well-positioned for the upcoming Bitcoin halving, presenting a strong buy case. IBIT is an ETF (exchange-traded fund) which is designed to track the current price of Bitcoin. With the Bitcoin halving approaching, likely to be around April 20th, the daily Bitcoin supply…
bfk92 Note: I previously covered Dorian LPG (NYSE:LPG). In my previous take on LPG, I discussed its merits (fleet, financials, and valuation) and the LPG market, particularly the VLGC segment. I gave LPG a hold rating. Today, I comment on the last company report, the Dorian’s valuation, and the LPG market. LPG market highlights LPG…
cmannphoto We’re reviewing Mid-America Apartment Communities (NYSE:MAA) Q4 2023 earnings with a potential investment in mind, but we’re cautious given the current economic landscape. We find the current valuation attractive already but would like to see another dip before initiating a position. We anticipate MAA facing tougher challenges compared to other housing REITs due to…
The demand for US spot Bitcoin ETFs surged significantly on Tuesday, outpacing the new supply created daily by miners by a remarkable 614%, according to Gayatri Choudry, Quantitative Research Analyst at Bitwise Asset Management. Demand from US BTC ETFs exceeds new BTC supply by 7x pic.twitter.com/OCU5D19rpf — Gayatri (@GayatriPC_) March 27, 2024 The surge in demand for…
imaginima Industrial real estate has been red hot for the past 4 years with demand growth skyrocketing as companies clamor to earn superiority in logistics. In 2022 and 2023, the demand boom started to be matched by equally ambitious development of new warehouses. With the strong demand absorbing the new supply the sector is overall…
Alistair Berg/DigitalVision via Getty Images This article was coproduced with Leo Nelissen. As some of my longer-term followers may know, I have a background in supply chains. My Master’s degree had a focus on purchasing and supply chain management, which has guided me very well in my investing journey. I believe that buying companies that…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The United States federal government has once again added to its substantial Bitcoin hoard, transferring $922…
Ekaterina Nazarova/iStock via Getty Images In the first of this three-part series about metals of the future, we explored how demand for copper, lithium, and nickel has been shaped by the transition to a low-carbon future. In this post, we move on to supply dynamics, where the response to the very pronounced demand shifts observed…
Javier Ghersi/Moment via Getty Images Methanex Corporation (NASDAQ:MEOH) delivered EPS better than expected in the last quarter, and the expectations for 2024 increased significantly. I believe that the new capacity coming from the new G3 project, the new two-year supply agreement recently announced, and the repairs announced have all contributed to the recent optimism in…
RTimages/iStock via Getty Images Most commentary about fintech company SoFi (NASDAQ:SOFI) focuses on “micro” issues, most typically some measure of its revenue and customer growth. I’m adding to the conversation by focusing on SoFi’s “macro” issues, namely: Demand – What are the growth rates of the products that SoFi is competing for? Supply – What…
Justin Sullivan/Getty Images News One central theme impacting markets today is the weak performance of many consumer staples companies. Last week, I covered Hormel (HRL), which has lost considerable value after losing profit margins through its failure to pass rising input costs onto its product prices. This is one of many examples seen amongst consumer…
Since launching as a cross-chain payments platform in 2017, Kava has gone on to score big wins in the world of decentralized finance (DeFi). Moments ago, Kava blockchain announced “Kava Tokenomics 2.0”, an upgrade that makes it the first hard-capped, decentralized Proof-of-Stake Layer 1. According to the announcement, Kava will now offer competitive on-chain rewards,…
JLGutierrez By Alexander William Salter Many influential figures claim that supply-side improvements explain easing price pressures. This view is especially common among those affiliated with the Biden administration. A few weeks ago, Treasury Secretary Janet Yellen said in an interview that “supply-chain issues that resulted from the pandemic…seem to be healing, and as that happened,…
asbe By Jon Forrest Little The quote and chart below is from Crescat Capital’s Tavi Costa. Mexico’s silver production is now declining double digits annually for the first time in almost a decade. Historical trends indicate that substantial contractions in new supply have presented excellent opportunities to invest in the metal. More importantly: Consider that…
Inna Kot Shares of First American Financial (NYSE:FAF) have returned over 25% this year including dividends, largely keeping pace with the broader market even as its title insurance business has faced a significant downturn. I expect recovery in this unit to be slow, while lower rates could begin to reduce investment income by mid-year. As…
A staggering 98% member of the PancakeSwap community voted in favour of reducing the CAKE supply by 300 million resulting into a strong surge in the CAKE price. PancakeSwap, a prominent decentralized exchange, has successfully concluded a proposal to reduce the maximum supply of its native token CAKE from 750 million to 450 million, garnering…
PancakeSwap put forward a proposal to reduce the maximum supply of its native CAKE token from 750 million to 450 million. One of the unique things about the crypto industry is the fact that many major projects operate as decentralized autonomous organizations (DAOs). As such, their users get a say in the decisions made by…
yasindmrblk/E+ via Getty Images Thesis I remain positive about Tractor Supply Company (NASDAQ:TSCO) due to its strong growth potential. Although the company has posted mixed results in the recent past as the demand has continued to be affected by seasonal factors, I believe a rebound is on the cards in the latter half of 2024….
nasakid Semiconductors lie at the heart of supply chains ranging from computers and phones to autos and manufacturing equipment. Activity in the sector can be a guide to wider supply chain activity — indeed the shortages of chips during the pandemic were emblematic of how supply chains can fail under stress. Analysis of the semiconductor…
grandriver The pricing environment for energy producers like Occidental Petroleum (NYSE:OXY) has strengthened in recent months, in part because OPEC+ member countries like Saudi Arabia and Russia have extended significant oil production cuts until the end of the year. Higher petroleum prices are obviously a favorable development that is set to benefit Occidental Petroleum as…
SCM Jeans/iStock Editorial via Getty Images I have been covering General Dynamics (NYSE:GD) financial results since June 2023 and I attached a buy rating to the stock despite supply chain challenges. That rating has worked out well so far with a 15.8% appreciation in share prices and a total return of 17.2% while the broader…
Brandon Bell/Getty Images News Investment Thesis Mid-America Apartment Communities (NYSE:MAA) is the largest and arguably strongest Sunbelt apartment REIT with about 102,000 units in the portfolio. This portfolio is well diversified across various types of multifamily communities, including highly amenitized and luxurious apartments appealing to higher income individuals as well as more modest and affordable…
svetikd/E+ via Getty Images The US holiday shopping season is getting underway, including purchases of holiday lights and decorations. Shipments of decorations for the Halloween season had already run ahead of schedule, as previously discussed in Halloween creeps a little closer: Seasonal supply chains accelerate. In the case of Christmas decorations, US imports have historically…
Adam Gault The U.S. economy is currently experiencing a rare event that hasn’t been witnessed since 1949: a shrinking money supply. M2 has declined by a whopping ~$700 billion since the hiking cycle began. This phenomenon is sparking discussions and debates about its causes, implications, and effects on various financial instruments, including the SPDR® S&P…
Kameleon007 Overview The market continues to monitor developments in Israel and the Middle East. The economic calendar is light today, and the market is showing a strong appetite for risk. Except for China and South Korea, large bourses in the Asia-Pacific rallied. Japan’s indices jumped more than 2% and Australia by 1% to lead the…
Mimadeo/iStock via Getty Images The ABNB Investment Thesis Remains Robust, But Not At These Lofty Valuations We previously covered Airbnb (NASDAQ:ABNB) in May 2023, discussing its decelerating booking trend compared to its travel peers, naturally triggering its underwhelming financial and stock performance then. While there had been multiple long-term growth drivers, including the Airbnb-Friendly Apartment…
shaunl Supply chain activity has largely returned to normal, although uncertainties remain around corporate strategy, global trade policy, and environmental measures. Lower consumer demand is evident in US seaborne imports of consumer goods that have fallen by 26%. Industrial manufacturing has declined globally for over a year. Trade policies are becoming more restrictive and sustainability…
imaginima ConocoPhillips (NYSE:COP) is an attractive energy play for investors with an above-average risk-tolerance after OPEC+ countries Saudi Arabia and Russia recently announced major supply cuts. Petroleum prices moved into a new up-leg and shares of ConocoPhillips have revaluation potential. ConocoPhillips also has considerable potential to buy back shares in the market and support the…
Likica83 Apple Inc.’s (AAPL) iPhone and Watch updates this year come with important supply chain considerations, including the use of recycled materials, plans to shift transport modes and the use of new processors. Recycling as part of carbon initiative The iPhone 15 series will now include 75% to 100% recycled aluminum for cases and chassis…
Similarly, the global rice market is currently under pressure as China, the world’s top rice producer, deals with severe rain and flood concerns in its grain-producing north-eastern area. Olive oil, a staple in kitchens around the world, has recently become the center of attention due to an unprecedented surge in price. As severe droughts plague…
Tractor cultivating field at spring valio84sl As an almost entirely dividend growth-focused investor, my goal is to fill my portfolio from top to bottom with steadily growing businesses that possess robust fundamentals. That’s because such characteristics support my goal of building a portfolio that can consistently deliver growing passive income to yours truly. Among the…
Qualcomm is expected to supply Apple with Snapdragon 5G Modem-RF Systems for smartphone launches in 2024 through 2026. Apple Inc (NASDAQ: AAPL) will rely on an external supply of modern chips to manufacture modern smartphones that support the 5G network amid delays in in-house production. According to an announcement by Qualcomm Technologies Inc, Apple has…
Justin Sullivan/Getty Images News Apple (NASDAQ:AAPL) has seen investors grow fearful amidst rising geopolitical tensions with China. With China ordering government agencies to ban the use of iPhones at work, investors may be wondering if the company’s Chinese revenues are at risk. Investors may be overlooking the bigger threat: the vast majority of Apple products…
Stack AV has a team of experienced developers working on an AI-powered technology to increase productivity and efficiency in truck businesses. Artificial Intelligence (AI) technology is expected to significantly revolutionize the automotive industry in the coming years, and Stack AV is well positioned to lead in the truck business. Backed by veteran investors from the…
Smederevac/iStock via Getty Images Dear readers/followers, I’m happy at times to take requests from subscribers to review companies I find interesting. when I got a request a few weeks back to take a look at Chefs’ Warehouse (NASDAQ:CHEF) to see if I could consider the company undervalued here, I was curious. I’d never heard of…
Olivier Le Moal/iStock via Getty Images 2023 has so far been very good for Legend Biotech (NASDAQ:LEGN). Carvykti’s uptake has improved in the second quarter and the company continues to generate positive clinical data in multiple myeloma patients that I covered in the previous article when the ASCO abstract leaked and showed very strong CARTITUDE-4…
CGinspiration Mexico has been a leader in reshoring of manufacturing both out of the US and away from mainland China. There’s plenty of evidence of reshoring over the past five years, but success in the future is by no means guaranteed given stiff competition from other countries including Vietnam. New cars, different computers: Reshoring on…
Prices on the Dutch Title Transfer Facility, the European benchmark, rose to more than €43 per megawatt-hour, reaching an intraday record high. On Thursday, the price slightly fell to €39.82. On Wednesday, the prices of European natural gas soared by almost 40%, for the first time since June. The price levels reached more than €40…
statu-nascendi By David Waugh Copper appears a cornerstone of the green-technology revolution. With global supply constrained, we think prices could soon be on the rise. Copper, a linchpin of the green energy revolution, appears to face a looming supply-demand imbalance that, in our view, could soon shine up the metal’s market price. On the demand…