If the Federal Reserve is ending rate hikes, that means we’re reaching peak interest rates. And if you’re a bond investor, that’s a huge deal… because, if the coupon payment on sovereign debt isn’t going higher, soon you won’t be able to lock in today’s high yield.
America is not yet lost. But we are very close to the complete collapse of not only our financial system, but our entire way of life.
When a company has a dominant brand with pricing power, robust profit margins, and high capital efficiency, the returns can be enormous. Today, we’ll introduce a company that checks all these boxes and has used every downturn to acquire weaker competitors and take market share.
Current Fed Chairman Jerome Powell wants to put an end to inflation. Unfortunately – for Powell, for markets, and for investors – it appears increasingly unlikely that he’ll get his wish.
Right now, U.S. gas prices are among the lowest in the world. But as America increasingly expands its LNG export infrastructure, U.S. natural gas prices will increasingly converge with much-higher international prices. And the companies that own low-cost gas reserves today will reap a windfall.
In many ways, the 2020s inflation scenario matches that of the 1970s.
One of many casualties of the coming corporate debt implosion.
We’re calling the coming market carnage in corporate bonds The Greatest Legal Transfer of Wealth in History. The explosive growth, and deteriorating quality, of the “investment grade” bond universe will play a major role in the coming corporate debt crisis.
Porter & Co. is looking for a “maniacal” distressed debt analyst… see the end of this email for details… Late last month, the Wall Street Journal passed along a “great” stock tip. It was only about a decade late. “Any stock that doubles in five years, outperforms tech giants over three years and beats more
How to earn 243% on a Bitcoin bond. A global “Minsky Moment”. The bond bull dies. Why wealth is shifting to real assets.