GOT A BAD HAIRCUT TODAY!
April 30, 2021
GOT A BAD HAIRCUT TODAY! By Mitchell Anthony April 29, 2021 Is it just me or has the quality of consumer services been falling. I’m an optimist and I always tend to hope for the best and believe in people but quite frankly I have noticed a decline in the quality of services that we have in the US economy. As an example just yesterday I got a haircut that was less than satisfactory and when I complained I was met with an indignant service provider. He offered no discount or apology for giving me a Patrick Mahomes haircut (FADE), who happens to be one of my idols, but not because of his haircut but because of the way he throws a football (NFL All Pro). I asked for a fohawk haircut like Brad Pitt has but instead got something much more like a FADE! If I hadn’t been paying attention I would’ve looked like Mr. “T” with a mohawk. Read moreConsumer Confidence Bouncing?
April 13, 2021
Consumer Confidence Bouncing?
By Mitchell Anthony
April 9, 2021
The Equity and Commodity Markets roared ahead in the first quarter of 2021 as Covid concerns fell and consumer confidence bounced. Expectations for more fiscal stimulus was met by Congress’s approval of a 1.8 trillion stimulus package full of support for almost all of those in need and then some who are not. Despite an Economy that is not yet robust or demanding high quantities of raw materials, most commodities rallied strongly as suppliers were caught off guard as demand tilted up and capacity was minimized with many mills and processing plants offline. Optimism for a broad economic recovery developed in the quarter driving up stocks and putting downward pressure on Bonds. Real Estate continued to fly higher.Read more
Reopening the Experience Side of the US and the Globe?
February 23, 2021
Reopening the Experience Side of the US and the Globe? By Mitchell Anthony February 23, 2021 Americans love to dine, entertain, party and attend sports events. Americans love for material things had transformed over the last decade into a love for experiences that mostly involve people and gathering. Unfortunately all of those great events that Americans love to pursue came to a roaring halt at the beginning of 2020 due to Covid 19. Over the last year the regulatory environment and consumer fear has mostly prohibited the restart of experiences and most of the gathering in America and the globe is still shut down or minimized. This has had a harsh effect on a large part of the US and global economy that is tied to experiences. With vaccinations well underway in America and the globe there is hope and light at the end of this dark tunnel.Read moreThe Outlook with the Dems in Control?
January 25, 2021
The Outlook with the Dems in Control? By Mitchell Anthony January 18, 2021 The Democrats have taken control of the Senate and hold it along with the house and the presidency. While a Biden victory was expected by many, control of the Senate by the Dems was unexpected by most investors and market strategists. Democrats have a history of taxing and spending that has frightened investors concerned about the fragile state of the US economy!Read moreMarkets Moving Higher on Expectations for Vaccine Success
November 28, 2020
Markets Moving Higher on Expectations for Vaccine Success By: Mitchell Anthony November 25, 2020 Is the Covid Bounce Sustainable? The distressed areas of the US equity market have rallied hard over the last few weeks pushing the Dow Jones industrial average over 30,000 for the first time. This occurred after three vaccine makers announced that they had achieved over 90% efficacy with their vaccines. This really exciting news caused investors to scoop up airline stocks, REITs, hotels, casinos, energy, and automakers. Since November 10th the equity market leadership has been dominated by highly distressed cyclicals and industrial names and other so-called re-open names in the equity market. We also saw strength in Biden industries including environmental stocks and semi-conductors companies that are poised to benefit from new policies that Biden plans to enact once in office. At the same time we have seen the stay at home names pause after a steady and substantial six month rally. The FAANG has been flat for the last three months while at the same time these distressed value names have advanced 5 to 10% or more. Is this three week move in these distressed areas of the market sustainable? How far will distressed areas of the equity market go on the come of substantial vaccine success? These are questions that we have been asking ourselves along with the rest of the Wall Street strategists who have pondered on the change of leadership that has just occurred over the last few weeks. Read more