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Money growing from coin jars

Quick and Dirty trick for calculating Bond Gains and Losses

April 29, 2022 by Matt McCracken
As interest rates are going up, the question many investors are asking is, "How much will my bond holdings, or my bond-oriented mutual fund, depreciate?" As a general rule, for every 1% increase in interest rates, a bond will depreciate its duration...Read more
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How bad can '40 Act Funds get!

April 26, 2022 by Matt McCracken
I haven't gone to Morningstar (MS) in quite some time as I rarely use mutual funds or ETFs, but the other day, I wanted to look up a fund and for whatever reason, I punched in SPY. SPY is the largest ETF tracking the S&P 500 Index. And to my...Read more
Flag of Saudi Arabia

The Guardian Article commentary: Saudi's Biden snub...

April 25, 2022 by Matt McCracken
For some time, I have warned about the geopolitical risks coming out of Russia, and, unfortunately, my warnings had considerable merit. Here are a couple of posts I have written on the subject: Russia and the Election Russia takes big steps in...Read more
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Goldman Sachs' "Trading Desks Crush Expectations"

April 14, 2022 by Matt McCracken
Goldman Sachs (GS) beat earnings expectations this morning by a wide margin. The credit is being given to their trading desks as their Investment Banking revenue dropped over 30%. An article appearing on CNBC.com states: Goldman Sachs had been one...Read more
Russian Flag

Russia takes big steps in fighting USD hegemony

March 31, 2022 by Matt McCracken
According to the Russian propagandist site, RT.com, Russia is set to require payments for oil in Rubles from any country that participated in sanctions against them. Further, it is reported that Russia and India have agreed to conduct transactions...Read more
wheat

Wheat explodes higher

March 3, 2022 by Matt McCracken
Disclosure: We currently own DBA, WEAT and various wheat futures contracts (ZW and YW) in many of our client accounts. Wheat prices exploded higher today as the conflict in Ukraine continues to rage on. A few people have asked me how to invest in...Read more

Bitcoins crash below the Mendoza Line

January 24, 2022 by Matt McCracken
Today, Bitcoin traded below its Mendoza line, hitting a 50% decline from its all-time high. Assuming a fixed number of units, which isn't the actual case, more money has been lost by owners of bitcoin than has been made. Given the number of units...Read more
100 dollar bills yo

November Inflation reading hottest in nearly 40 years

December 10, 2021 by Matt McCracken
To paraphrase Ronald Reagan, "The FED is not the solution to inflation, the FED creates inflation." And inflation is hotter than it has been in a generation. The CPI came in at 6.8% in November, the hottest reading since 1982. For months, the FED...Read more

Musk on Uranium

September 30, 2021 by Matt McCracken
Disclosure: We are currently long Cameco (CCJ) and Denison Mining (DNN). We have had exposure to Uranium Energy Corp (UEC) and Energy Fuels (UUUU) earlier in the year. At any point, we may add or remove exposure to these names. If you have spent any...Read more