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tmai

Rally as Momentum, Oil, Inflation and Bonds All Come Together

Rally as Momentum, Oil, Inflation and Bonds All Come Together

Trades in the Whisky Portfolio Put simply, it feels a bit like 2001 when the unwind of the technology bubble was devastating, but the value stocks were fine. I am avoiding the landmines and pursuing value. Some stocks may not work out, but by diversifying, we should ensure a more

The Everything Bear Might Be Over

The Everything Bear Might Be Over

Trade in the Whisky Portfolio The much-anticipated CPI data on Thursday came in below expectations, and the market took it well. The message was that the end of rate hikes is within sight, and the stockmarket saw the third-largest momentum crash on record. This, very likely, signals a sustained about-turn

Increasing Equity Exposure

Increasing Equity Exposure

The softer inflation data released in the USA yesterday led to a sharp rally, which was further propelled overnight by China easing Covid restrictions. As I wrote earlier this week, the end of rate hikes is within sight, and the pace will slow. This seems ever more likely, and following

The Smart Money Switches from Tech to Biotech

The Smart Money Switches from Tech to Biotech

Trade in the Whisky Portfolio There is good news in the everything bubble. The unwind of market excesses is now well underway, and in certain areas of the market, evidence grows that the worst may be behind us. Last week, I looked at UK commercial property with the idea that

UK REITS Are Oversold. What to Buy?

UK REITS Are Oversold. What to Buy?

New Recommendation in the Soda Portfolio The recent woes in the UK pensions industry, driven by rising interest rates, have caused UK assets to be dumped. They took on interest rate derivative bets that benefit from low rates. As interest rates have risen, the pension funds have become forced sellers

Introducing The Multi-Asset Investor

Introducing The Multi-Asset Investor

A New Report from ByteTree Research I am delighted to announce the launch of The Multi-Asset Investor (TMAI) at ByteTree Premium. As of now, TMAI will continue to give investment insights to the many who have been following the Whisky and Soda Portfolios that I previously managed at the Fleet