Stocks to buy

Tom Yeung here with the Sunday Digest.  In mid-2019, the U.S. Federal Reserve began cutting interest rates for the first time since the 2007-’08 global financial crisis. The U.S. economy was beginning to slow, and economists were worried that trade disputes and weak global growth could send America into a recession. The COVID-19 pandemic the

Lately, we’ve been all-in on autonomous vehicles (AVs). And while this enthusiasm isn’t new, it’s certainly been fortified by the flood of developments unfurling recently. In fact, we see so much promise in this industry that we’ve been pounding the table on it for days, sharing all about the dawn of the “Age of AVs.”

Lately, we’ve been all-in on autonomous vehicles (AVs). And while this enthusiasm isn’t new, it’s certainly been fortified by the flood of developments unfurling recently. In fact, we see so much promise in this industry that we’ve been pounding the table on it for days, sharing all about the dawn of the “Age of AVs.”

So much for an impending recession! Today’s official jobs report solidly confirmed that the U.S. economy is not on the brink of a recession. Rather, it seems to be in the early innings of a powerful recovery.  As such, we think this strong data sets the stage for a powerful stock rally in the final

Self-driving cars – they’ve hogged a large portion of the news cycle lately.  Indeed, earlier this week, Gov. Gavin Newsom made headlines when he vetoed a bill that would have banned autonomous vehicles (AVs) from operating in the state of California. Then, just yesterday, Waymo started offering driverless rides to some folks in Austin, Texas.

If you’re a longtime reader of these issues, you’ll know that being at the forefront of innovation is central to my core investment approach. As such, I keep a close eye on several corners of the tech world, watching for the latest and most intriguing developments. And for the past few years, one such corner

Tom Yeung here with this week’s Sunday Digest. Last week, I discussed the contrarian bets that billionaire investors often make. By looking beyond basic corporate labels, successful fund managers like Joel Greenblatt often can recognize overlooked opportunities, like Marriott’s “toxic waste” spinoff in the early 1990s. As I said last week: Over the next three

For the past three years, the markets have been haunted by a particularly ghastly boogeyman – inflation. But today’s Personal Consumption Expenditures (PCE) report suggests that boogeyman has been officially vanquished. And with inflation normalized, it seems stocks are set to keep rallying to record highs.  Indeed, this morning’s inflation data showed that the Federal

Two years ago, in a seminal moment for the industry, tech startup OpenAI launched its next-gen chatbot, ChatGPT. That was, after all, the moment that many consider the dawn of the Age of AI.  But that splashy debut may well have just been OpenAI getting its feet wet. Now it appears the company is preparing

Tom Yeung here with your Sunday Digest.  During the early 1990s real estate crisis, the Marriott Corp. hotel chain found itself in trouble. The company had overexpanded during the boom times of the 1980s, and the ensuing crash had left it with over a hundred unsellable hotels in an overbuilt market.  To save the firm,

Just weeks ago, on Sept. 9, Apple launched its first-ever iPhone built for AI: the iPhone 16. Initial reception has been mixed. Some folks loved the updated camera and new capabilities. Others think the new phone lacks that ‘wow’ factor.  Though, in our view, this will be a device that helps to change the world

Today, the U.S. Federal Reserve officially began its first rate-cutting cycle in four long years – and with a “bang,” no less.  In our view, this bold move opens the door for stocks to party like it’s the 1990s all over again. The big news here, of course, is that the Fed has cut interest

After years of hiking and maintaining high interest rates, the Federal Reserve is likely to enact its first rate cut of this cycle tomorrow. And our work suggests that could mean the start of a major stock market rally that lasts into 2025.  Now, it’s important to understand that stocks do tend to rally after

For months now, we’ve suspected that interest rate cuts would arrive by the end of summer. And with the central bank poised to cut just days from now – this coming Wednesday, Sept. 18 – it seems that forecast is proving correct. But it’s not just rate cuts we’re anticipating here. We expect that the

Tom Yeung here with your Sunday Digest.  Last week, I wrote about “Gravity Pleasure Road,” the world’s first modern roller coaster with a built-in lift hill that could pull cars back up a slope. Stocks had been on a roller-coaster ride, and a rare economic event suggested that a similar “lift” was on the horizon. 

The U.S. Federal Reserve holds its next meeting in less than a week. And considering the state of our nation’s economy, we’re extremely confident that means interest rate cuts are coming in just a few days. Coincidentally, that also means a major rally on Wall Street is likely about to unfold.  Of course, depending on

Following this morning’s soft August Consumer Price Index (CPI) report, a golden “buying window” has opened in stocks. But it may not stay open for long, so if you want to capitalize, time is of the essence.  Despite the markets being up about 15% year-to-date, stocks have been stuck in neutral for the past two

Tonight, Americans across the country will be glued to their screens, watching Vice President Kamala Harris and former President Donald Trump duke it out in their first debate.  That’s to be expected. This is a divisive and important presidential election. Current polls and betting markets show the outcome is basically a coin flip at the

Earlier this afternoon, Apple (AAPL) unveiled its latest iPhone model to the world. Though, for its part, the world was largely unimpressed. And Apple stock dropped more than 1% after the iPhone 16’s debut.  But while Wall Street wasn’t roused by these latest developments, we were. In fact, we think today’s announcement sets the stage

Tom Yeung here with your Sunday Digest.  In 1885, the first modern roller coaster opened to the public. “Gravity Pleasure Road” was an instant success, generating $600 a day in revenues – roughly $20,000 in today’s money. The Coney Island ride featured a lift hill that would pull a bench-like car up a slope, and