Mexico has a rich and deep history that can be traced back thousands of years. The country has tourism hubs in the Caribbean and the Pacific, beautiful colonial towns and extensive pre-Columbian ruins and archeological sites. Mexico City is the largest city in North America. The country is the second-largest national economy in Latin America […]
Don’t expect the Federal Reserve to even tap on the brakes anytime soon, says Bob Iaccino, editor of the Stock Think Tank. On Thursday, Fed Chairman Jerome threw cold water on any talk of raising interest rates soon, despite some chatter from others that it was nearing time to “start talking” about increasing rates. “They […]
Bitcoin’s pull back from recent highs has not dissuaded Stock Think Tank editor Bob Iaccino from owning the cryptocurrency — but he has taken profits. Bitcoin climbed from below $20,000 in mid-December to above $41,000 Jan. 8, then fell sharply before rebounding. It now trades just shy of $40,000. “Bitcoin itself I continue to be […]
Bob Iaccino, editor of the Stock Think Tank, says investors should prepare to “buy the rumor and sell the fact” when it comes to plans of the incoming administration of President Elect Joe Biden. We’ve either got a couple of days left or a week left of political turmoil now, Iaccino said, addressing the final […]
The past year has been unique and challenging for everyone around the world with the quick spread of the Covid-19 virus resulting in a global lockdown and creating an immediate drop in economic productivity. I was quite surprised when the gross domestic product (GDP), after contracting by 5% in the first quarter of 2020, fell […]
Palladium recently traded at a new high of $1,132.50 on Jan. 15. That’s more than double the low price of $473.80 around the same date in 2016. Investment and financial industry analysts now believe that the months-long palladium rally could surge past the value of gold sometime in 2018. The recent gold high was $1,342.50, […]
On Monday, December 21, Tesla (TSLA) joined the S&P 500 Index. In my 33 years in this business, I have rarely seen the inclusion of one single stock be able to move the metric meter on the overall index as much as this one. TSLA went into the index with a weighting of 1.5% and […]
Now 29 states have legalized medical marijuana, starting with Alaska in 1998 and most recently West Virginia in 2017. Many cities, including Washington D.C., Atlanta, Chicago, Houston, Miami and Detroit have decriminalized small amounts of marijuana and have replaced jail time with fines. The sweeping change in laws has allowed entrepreneurs to step up to […]
Value investing has outperformed growth investing over the past century. However, since most of us weren’t investing a hundred years ago, this information may not be as valuable as one might think. Meanwhile, since the end of 2009 growth stocks have outpaced value stocks 513% to 167%, respectively. This is mainly due to technology stocks. […]
Regular readers of my past articles are probably aware that I have been a fairly consistent endorser of value equity investing, certainly since mid-2020. I came across a few charts in a recent report that I thought adds some more ammunition for the value equity bulls. The chart below shows the valuation of value equities […]
