Trucking Companies Investing Record Profits in New Equipment
Trucks loaded with shipping containers leave the Port of Montreal in Montreal, Quebec, Canada, May 17, 2021. (Christinne Muschi/Reuters) Two of America’s biggest trucking companies have made record profits, and they are using that money to invest in new equipment, reports the Wall Street Journal. Old Dominion Freight Line is increasing its capital expenditures by 50…
ETFs And Passive Investing Have Wildly Distorted S&P 500 Valuations, Study Finds
Academics are starting to arrive at a conclusion we have been talking about for years: the influx of ETFs and passive investing in today’s market could be more trouble than its worth. Many people currently believe that larger companies are in a bubble – and that small caps are the place to look in 2021….
Investing When Markets Detach From The Economy
Authored by Lance Roberts via RealInvestmentAdvice.com, “The stock market is not the economy.” Such remains the “Siren’s Song” of investors as valuation expansion is the sole driver of the market’s performance. Given that corporations derive their revenue from economic activity, how do you invest when the economy is detached from the economy? I explored this issue in my…
George Soros Regrets Investing In Peter Thiel’s Palantir
George Soros regrets investing in Peter Thiel’s Palantir, after revealing this week that it took an 18.46 million stake in the data-mining company in 2012 – something Soros Fund Management says it wouldn’t do today. “SFM made this investment at a time when the negative social consequences of big data were less understood,” the firm…