Archive
Investors take years off their lives trying to interpret central bankers' statements... Folks will come up with any method to figure out what policy makers are really thinking. Just consider when Alan Greenspan was chairman of the U.S. Federal Reserve... Investors read so much into his "irrational exuberance" statement in December 1996 that they considered […]
Who is accounting for the accountants? In the July 21 Altimetry Daily Authority, we discussed a hidden danger for any portfolio: fraudulent companies. The U.S. Securities and Exchange Commission ("SEC") has limited capacity to investigate every publicly traded company, and one stock with a fraudulent business behind it can "torpedo" portfolio returns. Fraud usually originates […]
- BAX
- DHR
The grand work-from-home experiment has led to some preliminary results... As we've mentioned before here at Altimetry Daily Authority, the coronavirus pandemic has forced corporate America into an experiment around the structure of the working environment. Back in March, in order to keep business functioning, employers were forced to allow folks to work from home. […]
- FB
- TWTR
It's yet another way the coronavirus pandemic will change travel forever... Like any longstanding institution, the airport was conceived of and designed years ago... with inertia reducing the potential of structural changes to the way we board our planes. This is especially true since the last great wave of change with the security measures implemented […]
- AAL
- DAL
Millionaires are no longer feeling like millionaires... Back in the 1970s and '80s, the term was synonymous with success. A millionaire was a part of the stratified elite... an untouchable social class. This image was reinforced by landmark pieces of media such as the film Wall Street and the book The Bonfire of the Vanities […]
- HD
- SHW
One segment of health care is finding a way to buck the industry trend of collapsing demand... In the June 3 Altimetry Daily Authority, we explained how Integra LifeSciences (IART) is a vital market player in the elective surgeries sector. The pandemic has hit this area hard... Hospitals have been canceling these surgeries to keep […]
- IART
To the absolute shock of no sports fans... referees aren't unbiased! But they aren't in the way you'd assume, where they always seem to be against your team and instead support the opponents... Now that soccer, baseball, hockey, and basketball games have been held without fans over the past few months, data scientists have been […]
- INTC
- TSM
- WMT
The coronavirus pandemic is forcing even the most analog tasks to go digital... For the large plane makers like Airbus and Boeing (BA), delivery is everything. Building an aircraft takes significant time and investment for these firms, so they require some upfront payment from customers. However, more than half of revenue and a large portion […]
- AMZN
- BA
- BSX
- JNJ
The Wall Street darlings have been kicked to the curb... For ultra-wealthy investors, the hedge fund has historically been the crown jewel of their investment portfolios. Originally conceived to operate outside of the traditional mutual-fund framework, hedge funds can make wildly speculative trades on any manner of financial instruments – thus driving returns decoupled to […]
- SEA.TO
- XOM
It's part of the dark underbelly of the 'At-Home Revolution'... Over the past few months, we've consistently highlighted the power of the massive societal shift in the wake of the coronavirus pandemic. As folks have shifted their consumption to the home, many industries have seen a renaissance in spending. However, this trend has left behind […]
- ABM
- ADP
- F
- GE
- GM
- HSY
- IBM
- MDLZ
- NSRGY
- ORCL
- PAYX
- SAP.DE