President Trump managed to both raise taxes and grow the deficit at double-digit rates. That’s the worst possible outcome, Porter writes today. The president’s budget harms the economy and doesn’t do anything to reduce the risk of a financial collapse – it makes it more likely!
At the heart of any tech revolution is game-changing innovation – causing investors to go all-in. But inevitably, investors go too far, giving way to a devastating bust. Today, Ross Hendricks explores how to protect yourself from the coming collapse.
The bankruptcy court’s decision in an ongoing case that Marty Fridson reports on this month may provide some guidance on what to expect if a similar situation arises in distressed bonds in the future. Keeping on top of these developments is an important part of the task of identifying the best opportunities in distressed securities.
While we don’t often recommend shorting stocks, there are opportunities when the odds are in your favor. In this issue, we launch a new Complete Investor feature: a special Short portfolio, with four stocks to short now.
Given the Thanksgiving holiday this week, we’re providing a shorter update, focused on the latest portfolio changes following last week’s options expiration.
This is often how it goes: when investors are laser-focused on a company performing one way, even a small deviation from expectations can trigger panic. But when the underlying analysis suggests that once emotions cooled and the data is reviewed objectively, investor nerves will settle. That’s the story Porter tells today.
