The Money Runner
North Korea – Bottom line, we screwed up!
By David Nelson, CFA Bottom line we screwed up. Every President since Reagan bears responsibility for North Korea. Each passed it on to their successor and now President Trump is clearly facing a series of decisions that will likely define his presidency. The administration has repeatedly said all options are on the table. It’s pretty […]
Canada – The Enemy Next Door
By David Nelson, CFA Twenty three years after President Clinton signed NAFTA the United States meets once again with our closest neighbors, Canada and Mexico. The administration looks to renegotiate a treaty that many Americans feel didn’t live up to the spirt and promise of the original document. Lost jobs and a widening trade deficit […]
Something more frightening to investors than North Korea
By David Nelson, CFA On the heels of an excellent earnings season strategists from Merrill Lynch to Goldman are discussing the disappointing price performance of stocks that beat expectations. A sell the news mentality has been the driving force as traders and algo driven machines exited positions stepping aside hoping for a better entry point. […]
Zuckerberg for President
By David Nelson, CFA Mark Zuckerberg wants your vote! After hiring democratic pollsters and a travel schedule that could take him to all 50 states, speculation mounts that Facebook’s founder and CEO is looking to join the ranks of Presidential hopefuls in 2020. That creates an interesting dilemma for the $70 Billion man. He’ll be […]
Amazon – The New Walmart
By David Nelson, CFA July 5th, 1994. Not exactly a date many would remember. Earlier that year Bill Clinton delivered his first state of the union address. Kurt Cobain, legendary singer of Nirvana commits suicide and O.J. Simpson is accused of a double murder. No, on July 5th deep in the confines of Seattle Washington […]
When Jamie Dimon talks, EVERYONE listens!
By David Nelson, CFA Banks kicked off the earning’s season Friday as JP Morgan (JPM) and Wells Fargo (WFC) reported 2nd quarter results. The headline beat from (JPM) came on the back of higher fees and lower credit costs but the shocker was a surprise lecture from CEO Jamie Dimon. Launching an all-out attack on […]
How safe is the safe haven trade?
By David Nelson, CFA Stocks ended the shortened holiday week close to the flat line while bonds and gold finished under pressure as investors rotated out of traditional safe haven assets. U.S. yields pushed higher on the heels of a better than expected jobs report coming in at 222k above consensus at 185k. U.S. 10 […]
Gekko: It’s a Zero Sum Game – Somebody wins somebody loses
By David Nelson, CFA We’ve hit the point of no return for 2017. Probably a good spot to check our compass and make sure we have enough fuel to complete the journey. With the exception of a few bumps along the way the broad indices have been relatively benign. However, trading beneath the surface has […]
