Value – Intersection of Scarcity & Demand
https://youtu.be/TSrs74d5cXY The value of anything is dependent on scarcity (supply) and demand. In this update, we show how scarcity (lack of supply) in oil and copper is causing elevated commodity prices. The opposite is happening in shipping rates. Here, demand is falling at a time when capacity is rising. Over the long term, it’s better […]
THORdex & Portfolio Allocation Update
https://youtu.be/TN91WURfzM8 Watch our video to learn about THOR’s current thoughts on the equity market, fixed income market, and total portfolio allocation. We have a disciplined approach to investing and these charts will summarize that process and our allocation today.
MLPs – Story is Still Strong
https://youtu.be/ptMbPdauM9I Even though midstream Master Limited Partnerships have significantly outperformed the rest of the stock market since the beginning of COVID, they are still selling a compelling investment. Watch this market update to find out why.
SVB & Future Inflation
https://youtu.be/7IA3TuPxV9M Silicon Valley Bank’s (SVB) failure was primarily caused by investing in longer-term securities at a time of rising interest rates. Because of the failure, the Federal Reserve’s balance sheet rose by $299 billion last week. If this trend continues at the Federal Reserve, this is bad news for inflation.
The State of the Consumer
https://youtu.be/KsgbS7J_feo The economy benefited from consumers drawing down their savings which were accumulated during the COVID shutdown. Today the consumer is not stressed and has room to increase spending. However, if the current trends continue, consumers might hit a wall over the next several months. Watch this video to learn more.
Higher for Longer: Inflation & Interest Rates
https://youtu.be/WjaF6t5XxlA Inflation and interest rates will be higher for longer. Copper, oil, and wages will cause inflation pressure over the next few years, which will make it difficult for the Federal Reserve to cut interest rates. Watch this market update to learn more.
Earnings Matter
https://youtu.be/9izFBpIfw_Y Over the long run, earnings drive stock prices. When considering a stock, it is important to understand the company and how its earnings are generated. This is demonstrated by looking at the difference in earnings of two energy companies: Exxon Mobil and Energy Transfer. Today, operating margins for the S&P 500 are coming off […]
Investor Sentiment Today: XOM, TSLA, and Bitcoin Update
https://youtu.be/86dPC-RU_iY?si=3TRMOz1OKK-WBc3e What is investor sentiment like today? Here we revisit our video from December 3, 2020 where we discussed excessive investor sentiment. Sentiment can drive stocks and markets to extremes and we saw that during that time period in Exxon(XOM), Tesla (TSLA), and Bitcoin. See what has happened over the past two years in these […]
Sell in May and Go Away: Stock Market Anomalies Explained
https://youtu.be/3wGzTDALspg One of the most recognized stock market anomalies is “Sell in May and Go Away” where the stock market performs better from November-April compared to May-October. In this video, Jim Gore explains the reasons why it occurs and why it isn’t occurring this year. Jim also covers the Santa Rally and the “3rd Year […]
Recession? The Consumer is the Key
https://youtu.be/qKdusTkLzEY Are we in a recession? If not, are we going into a recession? Consumption is the biggest contributor to US GDP. Watch THOR’s video to learn about the state of the consumer and what that means for the economy.