The most common structural bear case we hear has nothing to do with demographics, central banks or politics; it centers on US listed exchange traded funds. Here are the basics of the argument: While ETFs offer near-instant liquidity during trading...
Most of the attention on innovative disruption rightly focuses on the “Disruptors”. They are the ones driving change, after all. Today’s news regarding Italy reminds us of the investment ramifications of being over weighted the...
DataTrek co-founder Nick Colas was on CNBC Friday afternoon discussing the perils of the current “Break up/heavily regulate” Big Tech movement. Critics of FB/GOOG/AMZN either forget or don’t know that Chinese tech companies are...
Almost 2 years before Apple released its watch in 2015, the Pebble smartwatch was already on sale. Even more remarkable, the capital needed to design and produce the product did not come from Big Tech or venture capital. Rather, it came from...
Which cohort do you think makes up the largest part of the labor force? Nope, it’s not baby boomers (aged 53-71) or even Gen X (37-52), but actually millennials (21-36). Consider these stats from Pew Research: Over one in three (35%) Americans in...
We’ve been recommending US Financials – mostly pushing bank stocks – for much of 2018, so today we have an update on what’s working in this sector. First, the most basic measure: large cap US Financials: The S&P 500 is up 2.0% YTD...
