Reinvestment Runaways
We’ve demonstrated that companies that generate high ROIC are time and again the most valuable businesses and stocks to own. In addition, the persistent presence of excess returns points to a moat, a unique business model, inimitable set of characteristics or assets,...Weekly Market Update
Global Market News Global equities falterGlobal equities took a tumble this week after markets dropped close to 6% on Thursday amid concerns over an increase in Covid-19 hospitalizations, excessive market speculation, and a pessimistic economic outlook from Federal...Covid-19 and the Day After
Shipping Industry Warns of Trade Logjam as Crews Remain Stranded Peggy Hollinger, Robert Wright, and Michael Pooler; Financial TimesRead the full article here Nearly 400,000 crew are stranded at sea or at home by Covid-19 travel restrictions. The international...The Revenge of the Numbers, The Illusion of Theories, and the Delusion of Expectations
Let’s us make no mistake: we are thrilled when the news pleasantly surprises us, contrary to expectations. Rather than the increase in the unemployment rate, more jobs were created in the month of May than the jobs that were lost, (more than 60% of the various...Weekly Market Update
Global Market News Global equities surgeGlobal equities made significant gains this week. Promising results from the monthly labor report, which we break down further below, fueled gains on Friday. The Dow Jones and the S&P 500 rose 6.7% and 5.4% respectively,...Sign Up for Our Publications
