Recent moves to increase streaming prices and continued employment growth in the United States suggest that revenue growth should surpass GDP growth. This implies that EBITDA has the potential to improve sequentially. As a result, the portfolio is adding a…
Blog Archives
Netflix (NFLX-NASD, $342.80) Added to Large Cap Model Portfolio
Posted in Portfolio Model Subscription
UnitedHealth Group (UNH-NYSE, $248.10): Adding to Positition on Earnings Beat.
The portfolio is increasing the weighting in UNH by 20%, based upon stronger than anticipated earnings. High levels of US employment represent a tailwind for any healthcare provider and UNH has the largest market share of any listed company in…
Posted in Portfolio Model Subscription
A 2018 Global Portfolio Return of 4.3%, in an Awful Year for Equities.
For 2018, the global large cap portfolio closed out the year with a Net Asset Value of $215.28 USD per share. This compares to the 2017 year end value of $206.39 per share and produces a return, net of fees…
Posted in Portfolio Model Subscription
Soft Landings, Hard Landings: Semantics Aside, Both Produce the Same, Awful, Outcomes.
Stock market indexes are typically forward looking. The coordinated and widely based declines in global major market indexes are broadcasting an ominous portent; 2019 looks to be somewhat worse than the 2018 in terms of economic outlook. Even a single…
Posted in Open Blog
All Mexican Equities Should Brace for an “Obrador Discount”.
The election of a leftist president in Mexico slipped under the radar of most global investors. So attuned were we to the issues between America and China that a leftist populist who ran on a platform of fighting crime and…
Posted in Portfolio Model Subscription