CRACKS: US housing is its least affordable in forty years, per our US housing ‘misery’ index (see chart). This combines the 20% surge in average house prices with over decade high...

FEARS: Food fears are running high, with wheat 20% total global calories, and prices up 40% (WEAT) this year. Many see the food price shock as more significant than the oil spike,...

The past week included significant gains for Canadian Solar Inc. (CSIQ), SolarEdge Technologies Inc. (SEDG), Sunrun Inc. (RUN), Plug Power Inc. (PLUG) and SunPower Corp. (SPWR)....

LONG HAUL: Renewables stocks saw a short green silver-lining from the Ukraine crisis, with surging oil incentivizing renewable transition and refocus on energy security. But...

REBOUND: Global travel is rebounding on pent-up demand, lower virus cases and restrictions, and is a relative haven to current market volatility. This may drive ‘the biggest...

FACEBOOK: Meta (FB) publicly listed as Facebook 10-years ago today in the 3rd largest IPO in US history. The ten-fold price surge from its $38 IPO price took it to a 2021 peak...

LOWER BOND YIELDS: US 10-year bond prices have fallen sharply, and yields doubled this year to 3%. This has driven equity valuations below average, and led the correction. Our...

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for Etsy Inc. (ETSY), Fortinet Inc. (FTNT), NetEase, Inc. (NTES),...

WHO’ RIGHT: Financial conditions are tightening, equity valuations falling, and markets near -20% ‘bear’ territory. IPOs plunged and only focused on Value stocks. Yet managements...

RELIEF: Today’s May US inflation report could be a key inflection point, with year-over-year rates peaking, and month-over-month decelerating sharply. Normalization toward the...