Archive

Dear reader, Yesterday, we discussed why concerns about an imminent recession are misplaced. Thanks to the drop in the cost for corporations to refinance their debts since early 2019, debt maturities are starting to be pushed out. And without a debt crunch, there's no risk of a recession. But even corporations' reported costs to borrow […]

Dear reader, Earlier this year, we headlined our January report for our institutional investors: "A RECESSION IS COMING... in 18 months to two years if trends do not change before then." Trends have changed significantly in the past nine months. Many market strategists, financial journalists, and regular investors are calling for a recession by the […]

Dear reader, I stayed up late last night... and woke up early this morning... just so I could keep reading your e-mails. Between Wednesday night and yesterday, we've received a ton of great feedback from both old and new clients about what we're rolling out at Altimetry. My favorites are the ones where folks are […]

Dear reader, Last night, I shared some of the most exciting news of my career... By launching Altimetry – and our new Altimetry's High Alpha newsletter – my team and I are bringing institutional-level research to the consumer, without the institutional-level fog that makes the information impossible to digest. With Uniform Accounting, we've been able […]

Dear reader, When Bill Bowerman and Phil Knight founded Blue Ribbon Sports in 1964, they had no idea what they were about to start... Now known as Nike (NKE), the company started the sportswear revolution. Before Nike started making athletic shoes, there was very little progress in the market. It's hard to picture a world […]

• NKE
• UAA

In early 2013, Edward Snowden made a decision that put him on national news. While working for the National Security Agency ("NSA"), Snowden leaked classified information to the press. You may have seen one of the countless articles about it... one of the few books... or even the 2016 movie. Snowden had various job descriptions, […]

• BAH

You've heard about it in the news... In October 2018, Lion Air Flight 610 crashed into the Java Sea off the coast of Indonesia. Five months later, Ethiopian Airlines Flight 302 crashed in Ethiopia... just minutes after takeoff. The common factor? The Boeing 737 MAX. After the two accidents, aviation administrations around the world jumped […]

• AER
• BA

We're doing something a bit different today. We want to give you an update on what happens when Wall Street gets the accounting dead wrong... on an opportunity that we just detailed. On Wednesday, we explained how investors deeply misunderstand the financial situation with streaming-device maker Roku (ROKU). After all, when viewed through a traditional […]

• AAPL
• AMZN
• CMCSA
• DIS
• FB
• ROKU

Most countries don't consider "Tax Day" a big deal. You won't find it on a calendar. You won't receive a reminder from your accountant. You won't see the national news covering lines of people waiting to send in their tax returns. In the U.S., though, taxes are complicated. Tax Day is practically a national holiday […]

• BCOR
• HRB
• INTU

Today, there are as many streaming services as there are quality TV shows. Some might even argue there are more streaming services... When the news broke that Disney (DIS) is pulling its content off Netflix (NFLX) – which I touched on yesterday – picking a service became a harder decision. With names like Apple TV+, […]

• DIS
• NFLX
• ROKU