BIBL News and Press, Inspire 100 From 03/09/21

VanEck CEO Jan van Eck's latest investment outlook explores the recent bitcoin rally and the underlying trends supporting it. He discusses what economic growth looks like in 2021 after the worst year for the economy since World War II. He also discusses the impact of higher intere...

NBC recently reported that payroll employment "surged" in February. Specifically, total nonfarm payrolls (seasonally adjusted) grew 379,000 month over month, which was above the expected increase of 210,000. A closer look suggests jobs growth is quite a bit more sedate than the media ...

Computers are programmed to spot words, phrases and chart patterns on the market and certain data on the economy or a specific industry. These phrases, words, etc. based on the program will trigger the computer to sell or buy stocks or a basket of stocks. The idea that higher interest...

The Federal Reserve publishes a quarterly update tracking how stretched American households were in paying their monthly bills. Two of the metrics in that quarterly update are debt service payments and financial obligations, respectively, as percents of household disposable income. ...

Q4 2020 earnings reports are nearing an end, with nearly 80% of companies reporting earnings above analyst estimates, exceeding the long-term average of 65%. Expectations for the next two quarters show earnings growth accelerating, with the Q2 2021 estimate currently indicating growth...

As COVID-19 has spread across the globe, wreaking havoc, a financial pandemic has likewise proliferated around the world. Zombie companies, weak firms persistently unable to cover their fixed expenses with operating profits, massively increased in number in 2020. But zombie compan...

Median new home prices in the U.S. have decoupled from median household income. Since May 2020, new home prices have risen sharply, while median household income has largely stagnated. That combination of factors means that the typical new home built in the U.S. has become relativ...

The money flowing from the central banks and governments has created the so-called "pent-up demand" and predictions of 5% or more GDP growth next year. But capacity utilization is down even while trillions of new dollars pour into the system. Inflation expectations are continuing to g...

Most of our portfolio companies are on track to report record earnings in 2021 and beyond. So why does it look like stocks are going nowhere, and why are we reading so much negative commentary? It is possible that a lot of the good news that we expect to see in the economy, as well in...

The highest-quality bonds have sold off year to date, while risk assets have leapt. Equity bulls are declaring a few percentage points decline in bond prices "carnage" and warn that long bonds have "duration" risk, though the duration risk in equities is much larger than bonds. Wi...