Since Canada legalized recreational cannabis in October 2018, the world has been watching its progress. After a disappointing 2019, we think the Canadian market will remain challenged in 2020. More failures will likely be needed before the situation improves materially. The “Top 10” Canadian LPs While there have been moreRead More →
A recent article on MarketWatch by Sanjib Saha caught my attention: “After taking the Series 65 exam last February, I set a goal for 2019: Help 10 friends and family members with their finances. Instead of giving specific investment advice, I wanted to educate them on money matters. I knewRead More →
Firm Overview & Structure Source: KOF As illustrated in the top left, Coca-Cola FEMSA (KOF) is engaged primarily in Mexico, Guatemala, Costa Rica, Nicaragua, Panama, Brazil, Argentina, Columbia, Uruguay, and Venezuela. The countries it has focused on have shifted over time. The structure consists of FEMSA, Coca-Cola (KO), and SeriesRead More →
She’s the darling of the far left … and of Bernie Sanders. Rep. Alexandria Ocasio-Cortez, D-N.Y., has a “very, very important role” waiting for her in the White House should fellow Democratic Socialist Bernie Sanders win his party’s nomination and then defeat President Donald Trump in 2020, the Vermont senatorRead More →
Deep sleep may be critical for your heart — but it may also help clear the brain of toxins that play a role in Alzheimher’s disease. Sleep is essential for both cognition and maintenance of healthy brain function, and slow waves in neural activity contribute to memory consolidation, a studyRead More →
Abstract Labor scarcity is constraining the housing production capacity in the US to levels below what is required to keep pace with population growth. The resulting supply-demand imbalance is expected to be a long-term trend to which there is no quick fix. This article outlines the implications of this long-termRead More →
Note: I have previously covered Pacific Drilling (NYSE:PACD), so investors should view this as an update to my earlier articles on the company. Junior offshore driller Pacific Drilling emerged from bankruptcy late last year with a significantly reduced debt load, no maturities until late 2023 and approximately $400 million inRead More →
We were a tiny bit surprised by the dividend announcement on August 2 that Washington Prime Group (WPG) would be paying a $0.25 dividend – in line with previous quarters. The company’s stock has been under considerable pressure and while business seems to be turning around, we wouldn’t have beenRead More →
I was not aware of how big the yoga market was until I enrolled in university almost two years ago. I knew that yoga was an upcoming trend back in Greece, but I was shocked when I discovered how popular it is in a more mature market like the UK.Read More →
The human mind is an amazing thing, but it’s certainly not infallible. Sometimes assumptions, misconceptions and biases shape our decisions in ways that run counter to our best interests. A few months ago, I joined a couple of my colleagues for a fascinating conversation about the cognitive biases that shapeRead More →
Bloomberg News Members of the People’s Armed Police walk past the National Museum of China at Tiananmen Square in Beijing. Looking for an investing strategy as the U.S.-China trade war rolls on? There may be an ETF for that, whether you feel most comfortable with as little risk as possible,Read More →
© Reuters. FILE PHOTO: A packet of U.S. five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington By Matt Scuffham and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailoutsRead More →
In March of 2018, I set out to create a fake, high yield portfolio that I believed would do well even in the face of rising interest rates. I only mention that it’s fake because it does not represent my personal holdings exactly, nor their weightings. I have invested inRead More →
First Trust is a company that has become somewhat well known for its excellent energy infrastructure MLP funds. I have discussed a few of these funds in the past (here and here). However, the company does have more excellent closed-end funds that I have not yet discussed here at SeekingRead More →
Entrée Resources (EGI) has recently reported Q1 2019 results. The company ended Q1 with an operating loss of $0.4 MM. EGI has a 20% ownership stake in parts of HNE-1 (Hugo North Extension-1), HNE-2 and the Heruga copper-gold deposits in the OT (read: Oyu Tolgoi) mine. Due to its fundamentalRead More →
Headquartered in Birmingham, Alabama, Regions Financial Corp. (RF) provides a wide array of banking services to customers primarily in the southern and midwestern United States. Regions was founded in 1971 as the merger of three Alabama banks, and today it is the 32nd largest US bank, operating nearly 2,000 ATMsRead More →
One of the world’s most popular television shows may be nearing its conclusion, but for most Americans, it’s trying to win the Game of Loans that can take longer than finishing one of George R.R. Martin’s “Game of Thrones” novels. So what life lessons can we take away from thisRead More →
“Life is simple, but we insist on making it complicated…” Confucius Last February we published watch list guidance on this company in an exclusive article to our House Edge marketplace site members. That day the stock traded at just under $24. Since then it has dipped slightly to $21.47 largelyRead More →
Source Wabash National (WNC) is a manufacturer of trailers, vans, flatbeds, refrigerated trucks, and even pharmaceutical equipment. The company has been seen as a cyclical play on the economy due to the nature of what it produces. Generally, when companies are selling less the need for transportation mechanisms declines. However,Read More →
© Reuters. Mattel’s Fisher Price recalls all ‘Rock ‘n Play’ models due to reports of death (Reuters) – U.S. Consumer Product Safety Commission said on Friday that toymaker Fisher-Price has voluntarily recalled all its “Rock ‘n Play Sleeper” products after reports of more than 30 infant deaths. The regulator saidRead More →
With thousands of actively managed mutual funds to choose from, it’s as difficult to be distinguished from the crowd as it is to beat the broad stock-market indexes. But the Federated Kaufmann Small Cap Fund has done both. In an interview, John Ettinger, one of the fund’s managers, described theRead More →
One excellent, if underappreciated, way to generate income off of your portfolio is by investing in preferred stocks. This is something of a mix between debt and equity that often has a higher yield than either. Admittedly though, not all companies issue preferred stocks as most issues come from financials,Read More →
This article was co-produced with Rubicon Associates, which covered WPG previously. If I were betting on the lower-quality mall REITs, I would wait until J.C. Penney (JCP) reports earnings on Thursday, February 28. According to one analyst, J.C. Penney might close up to 100 more stores “to get a healthierRead More →
By wide agreement among sports fans and bettors, this year’s Super Bowl was not only a meh game, but an equally poor test of newly minted legal sports betting in many states. Nevada’s handle was down to $145m, attributed by sports book managers to either “Patriot fatigue” or the absenceRead More →
Investment Thesis In the aftermath of the last recession brought on by the global financial crisis, we saw an unprecedented era of low inflation which disproportionately benefited the cyclical consumer discretionary names. We think that low inflation is likely the new normal, even with exploding monetary policy and government deficits.Read More →