Financials outperforming tech? Yes it can continue.

The friendly folks at Goldman recently ran a regression of which sectors do well with rising rates. If you can’t read the chart below, rising rates are bad for stocks in the consumer, utilities, and software sectors, while they tend to support energy and...

Tools for Financials Investors Nervous About Inflation and Rates

We’ll skip the Charlie Munder quotes; it’s broadly apparent that we live in different times: US Debt: Inflation is the Only Way to Manage It (Treasury Dept) Nervousness is rational: Normally we don’t see policymakers launch gargantuan, two-pronged...

Now the fun begins! Bank merger investing in 2021…

We lost a lot in 2020, but we are getting a lot of it back in 2021. One bit of good news apparent in fourth quarter earnings calls is the coming return of the bank merger and merger premium. Connecting the dots to create a portfolio of likely acquisitions should be a...