Eagle Financial

08/22/2024

Sage

It's been 38 years since I began my career on Wall Street and the lessons I learned along the way from some all-time investment greats always hold true.

08/09/2024

“Their utopia is myopia” - ouch!

08/05/2024

Normal, healthy, and…expected

Stock market corrections and economic recessions are both normal and healthy.

What’s not normal? 🚀 “To the moon!”

07/27/2024

What if the hype doesn’t deliver?

An increasing number of Silicon Valley investors and Wall Street analysts are starting to ring the alarm bells over the money spent on AI.

07/25/2024

Large federal budget deficits are covered by debt issuance. And, historically, the bulk of new debt issuance has occurred during economic recessions. Not this time.

Another Hmmm is the tenor of the debt. T-Bills (bonds with maturities < 1 year) and T-Notes (2-10 year maturities) comprise 21% and 52%, respectively, of total marketable US Treasury debt outstanding. With an inverted yield curve, the US government is financing budget deficits with higher-interest rate, short-term debt!

During recessions, Treasury issuance shifts to T-bills, partly because during recessions, short rates are low and T-bills are a cheap...

07/18/2024

“About 90% of the world’s most advanced chips, including the main processors inside iPhones, mobile chipsets, AI GPUs, and computer processors, are made in Taiwan by Taiwan Semiconductor. Other TSMC chips are used in household appliances, automobiles, data center servers, and defense systems.”

- Tae Kim and Liz Moyer, Barron’s, 7/18/24

07/17/2024

Surfing the yield curve?

07/12/2024

“But, AI!”

AI-related stock prices have been soaring. Capital Group portfolio manager Chris Buchbinder explains why he is approaching AI investing with caution.

07/11/2024

Does value matter?

We analyze the differences between value and growth investing over time and outline the generational opportunities that investors may be overlooking.

07/04/2024

US financial markets and our office are closed today, July 4th, in celebration of Independence Day.

Note: Financial markets in England are open!