Press "Enter" to skip to content

Category: Blog

Powell Testimony: What to Look For

The following is an amended form of the Daily Contrarian briefing from June 22. This briefing and accompanying podcast are released to premium subscribers each market day morning by 0700. To subscribe, visit our Substack.

Federal Reserve chair Jerome Powell starts two days of testimony in Washington, D.C. today. Powell addresses the Joint Economic Committee and take questions from the politicos. Don’t expect anything in the way of nuanced or educated questions from these folks. They’ll all be trying to score political points for the cameras.

Meme of Fed chair Jerome Powell: "There are no guarantees in life"

Still, some details may emerge regardless. Investors will be looking for any indication for when the Fed may stop its interest rate hikes and quantitative tightening. Specifically they’ll be looking for what Powell says the Fed will consider victory over inflationary pressures.

Leave a Comment

Recession Realities Set In as Stocks Drop

The following is an amended form of the Daily Contrarian briefing from June 17. This briefing and accompanying podcast are released to premium subscribers each market day morning by 0700. To subscribe, visit our Substack.

Talk of recession has emerged in force this week after the Fed raised rates by 0.75% and stocks sold off. Google Trends shows keyword searches for ‘recession’ at their highest level since the onset of the pandemic.

Leave a Comment

Three (3) Long Stock Ideas from Contrarian Investor Virtual Conference V

Attendees heard three exclusive stock ideas at Contrarian Investor Virtual Conference V on Dec. 17. Presentations and recordings were made available to attendees but are now being released to the general public. The next iteration of the Contrarian Investor Virtual Conference will be held next month. Tickets are available through our subscription plan.

  • Matt Zabloski of Delbrook Capital presented on Torex Gold Resources, which trades on the Toronto Stock Exchange under ticker symbol TXG and in the U.S. under TORXF on the pink sheets. “At the current spot gold price, TXG is trading at half the value of its peers,” making for the widest point ever for the implied discount to spot gold. “We believe this valuation gap will close in the coming months.” Read the presentation here or watch the video below.

  • Christian Putz of ARR Investment Partners gave a presentation on S&T AG, an Austrian “internet-of-things and Industry 4.0” company. S&T trades on the Frankfurt Stock Exchange under ticker symbol SANT. Read the presentation.

  • Sean Stannard-Stockton of Ensemble Capital presented on First American Financial (NYSE:FAF). Read the presentation here or watch the video below.

This page will update with other videos so be sure to check back.

Comments closed