“Everyone Has a Plan Until They Get Punched in the Mouth.” – “Iron” Mike Tyson
“Extraordinary Popular Delusions and The Madness of Crowds?” – Charles Mackay
What has dramatically changed in the U.S. Financial Markets?
What do this week’s charts teach us?
How did the Robinhood Reddit Bandits wreck themselves?
What will the Regulators do?
Why do business owners and business leaders choose The McGowanGroup?
Headline Round Up!
*Texas Vaccine Rollout by CVS and others!
*Pfizer Expects $15 Billion in 2021 Sales from COVID-19 Vaccine.
*The Short March Back to Inflation says the WSJ.
*The Real Story Behind the Robinhood Bandits.
*Amazon’s $100 Billion Quarter!
*Earnings Season Insights!
*House Drafts Cannabis Legalization Bill. Will they pass it before 2022 tax increases to make sure no one cares?
*Hydrogen Fuel Cell Evolution? Can John Kerry and Al Gore use a Hydrogen Jet? Not yet.
*Owner of Rockefeller Center, Tishman Speyer Buying Up Office Space in AUSTIN!
*Renaissance Quant Fund Fell 9.5% in January.
Dow Jones Industrial Average Index (Year to Date)
– Courtesy of Bloomberg LP
Texas Pacific Land Corp. (Year to Date)
– Courtesy of Bloomberg LP
Health Care Select Sector SPDR Fund (Year to Date)
– Courtesy of Bloomberg LP
Global X MLP ETF (Year to Date)
– Courtesy of Bloomberg LP
AdvisorShares Pure U.S. Cannabis ETF (Year to Date)
– Courtesy of Bloomberg LP
Quarterly Earnings Analysis for Standard & Poor’s 500 Index (11/16/2020 – 02/15/2021)
– Courtesy of Bloomberg LP
Quarterly U.S. Economic Forecasts with Probability of Recession (Q1 2020 – Q2 2022)
– Courtesy of Bloomberg LP
C.B.O.E. Short Term Interest Rate Index (Year to Date)
– Courtesy of Bloomberg LP
iShares Global Clean Energy ETF (Year to Date)
– Courtesy of Bloomberg LP
GameStop, Corp. (Year to Date)
– Courtesy of Bloomberg LP
iShares Silver Trust (Year to Date)
– Courtesy of Bloomberg LP
Profit Report!
Client questions from this week?
Over the next 5 years, what mistakes are built into traditional portfolios? (Hint: 1.1% at a premium with 6.7% duration risk downside.)
