As I’ve written before, stability in the economy, and in the financial markets, breeds instability. That screenplay has been used over and over again throughout history. We might say that one specific event changed everything, but that was just the match, the barrel of gas was already there, ready to burn. 2017 was the year… Read More Minsky Moment: The instability is accelerating
(Photo credit: Mike Mozart) For investors used to follow this stock, it might seem unbelievable, but the share price of the home company for the Coach brand is nearing its decade lows. Graph 1 – Tapestry stock price (2009 to present) (source: Yahoo Finance) For those keeping track of the company’s affairs, it seems both… Read More Time to be greedy: Tapestry is nearing its lowest level in a decade
I have recently written about Proto Labs for SeekingAlpha. Making a long story short, I see Proto Labs (PRLB) as a cloud manufacturing company. It has a huge amount of manufacturing capacity concentrated in its locations, and it uses a digital thread to allow customers to manage the production process. That allows small companies, without… Read More The competition has just made Proto Labs cheaper
Last year, I wrote an article where I argued that to understand the chances of Tesla surviving the production hell, you had to look at previous Musk ventures. The idea revolved around the fact that Elon had, in the past, used a common play-book where he re-engineered processes and products in order to drive costs… Read More Elon Musk’s play-book has lost its shine for Tesla investors
Gold (GLD) is seen, by the investment community, or even by society’s common sense, as a great hedge for uncertain times. However, the reason why this happens is not entirely understood. People tend to see gold as a safe-haven. Something that never loses its value, and however, that has not been the case during several… Read More How does Gold really work?
To my best knowledge, and years of experience in the markets, the Friday unnerved session is just that, an anxious day after what seems to be a U-turn by the Fed. I am an old-school macro-guy. That means that when the Fed signalizes a dovish stance, I see it as positive for stocks. If last… Read More Notes on Friday’s meltdown: Don’t let it fool you
Baidu keeps appearing in both my value and growth screeners. The stock got crushed at the end of 2018 Chinese debacle, and it is yet to recover. The pros and cons of this stock suggest that this might be an interesting investment. (Featured image: Simone Brunozzi) Baidu (BIDU) keeps showing up in my value screeners.… Read More Baidu: A rare value & growth stock