Financials | Uncommon Sense Investor

The Rise of Chinese Bonds

Tue, 23 Nov 2021 16:13:28 +0000

Much was made in the mainstream financial media of a pending Lehman-like crisis when Chinese property developer Evergrande was reportedly on the verge of collapsing under the weight of its something like $300 billion debt pile. Well, the Chinese regime has managed to contain the damage so far. But with Chinese economic growth decelerating from cyclical and long-term perspectives, it got John Johnston thinking about the actual makeup of government and corporate Chinese bond markets. What follows are hard numbers and charts from the Economic Advisor at Davis Rea Investment Counsel, that show the rapid development of the Chinese bond market and that foreign participation, while still relatively low, is growing.

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Analysts Finally Jump on goeasy Growth Train After 1,500%+ Gain

Wed, 20 Oct 2021 17:11:34 +0000

goeasy has been one of Canada's best growth stories the last several years. The alternative lender has quietly built an impressive string of double digit revenue, earnings and dividend increases while posting record company numbers pretty well every quarterly earnings report. I interviewed the former CEO and now Executive Chairman, David Ingram, in late January of 2018. Had I bought the stock then I'd be up more than 400 per cent. More impressively, goeasy's stock has surged about 1,500 per cent since 2012, and is about a 190-bagger the last 20 years. Better late than never, because TD Securities doesn't believe investors have missed the goeasy growth train as it's starting analyst coverage with a "Buy" rating and a projected 12-month return for the stock of more than 40 per cent. Here are five reasons why, along with some charts, from TD's report that exemplify goeasy's strong growth.

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This Chart Perfectly Exemplifies Why Fed Was Right to Avoid Negative Rates

Tue, 28 Sep 2021 16:07:41 +0000

Many central banks, notably the European Central Bank, still have a negative interest rate policy or NIRP. Basically, this zero-bound monetary policy urges companies and consumers to put their money to work in the economy or the stock market. But here's a chart that shows the negative consequences of that policy for European financials versus their counterparts in the U.S., where the Federal Reserve refused to indulge in negative rates.

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Billionaire Hanging Onto This Upstart Even After 3,700% Gain

Thu, 09 Sep 2021 18:16:30 +0000

Billionaires get that way for a reason. As the CEO of hedge fund Third Point, Dan Loeb makes the big calls in search of outsized returns for his investors and himself. One way he does that is to invest in early stage companies such as financial technology firm Upstart (NASDAQ:UPST), which went public last December. Loeb has outdone himself with this investment as Upstart has done nothing but increase in value when it was private and as a public company with the stock higher by about 870% since its IPO. Get more information on Loeb's investment and why he has no plans to sell.

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“This Book is Somewhat of a Bible to Me.”

Tue, 31 Aug 2021 12:52:46 +0000

Keith McCullough says he tries to read a non-fictional book every 10 days. That's because he's always open to learning something that may add to his view of the world and how things work, especially when it comes to his macro investment process, which is always evolving. In part three of our conversation with the founder & CEO of Hedgeye, McCullough gives investors his top three investment books - one related to math, one to history, and one to behaviour - that, to this day, continue to shape how he invests. If you want to raise your investment game, consider these three book ideas from McCullough, who coaches investors daily on how to improve their investment results.

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Record Revenues & Earnings Mean Opera For Stocks Ain’t Over Yet

Fri, 27 Aug 2021 16:14:47 +0000

The phrase "The opera ain't over till the fat lady sings" is usually attributed to late San Antonio sports writer and broadcaster Dan Cook. Although some believe a Texas Tech sports information officer coined the phrase. It's a variation of the Yogi Berra expression, "The game isn't over till it's over." The late New York Yankees' Hall of Famer was also famous for malapropisms. No matter. In the case for stocks, based on record revenues and earnings, and a number of other factors, the opera ain't over and the fat lady may not be warbling for a while.

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Top Idea Brown & Brown Higher by 30%+ Since Recommendation

Wed, 25 Aug 2021 20:41:31 +0000

Can we agree there's no drabber colour than brown? But capitalize the b, add an ampersand and another Brown, and you've got Brown & Brown (NYSE:BRO), a slightly colourful, quiet yet highly successful and profitable, family-run company. B&B was brought to our attention in early February by Chris Mayer, co-founder & Portfolio Manager of Woodlock House Family Capital, and author of 100-Baggers. Shares of B&B are up a sprightly 32 per cent since then. Mayer gives us an update on the insurance company after it released its quarterly earnings a while ago.

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10 “Dividend Dynasties” Growing Their Payouts

Mon, 23 Aug 2021 14:24:47 +0000

It's an often overlooked fact that, historically, dividends make up about a quarter to a third of annual equity returns. It's an overlooked fact lately because price returns have been so go-go over the last 15 months or so. But, with interest rates remaining low and equity price returns expected to moderate, dividends are taking on increased importance, according to a recent report by the CIBC Equity Research team. Here are a few excerpts hi-lighting the sectors and companies that have been consistently growing their dividends the last 10-15 years.

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11 Mighty U.S. Mid-Caps

Fri, 13 Aug 2021 17:58:00 +0000

Here's a stat for you. A dollar invested in U.S. mid-capitalization stocks in 1978 would be worth $199 today, more than a dollar invested in small caps or large caps. That's according to an excellent summary of 11 top-rated mid-cap stocks, any one of which could provide stability and growth for your portfolio.

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The Five Most Profitable Companies in the World

Fri, 06 Aug 2021 13:20:43 +0000

Big does not always equal profitable. Many of the world's largest companies have no profits - we're looking at you, Uber - or decelerating or surprisingly small earnings for companies of their size. Fortune, long a reliable supplier of lists about corporations, has sized up the most profitable companies in the world. Here's the top five.

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