Friday Edition

We skipped the Friday addition for the Christmas and New Years Holiday, but we are back with some ideas for you to consider outside just your bank stock portfolio.

I have been focusing a lot on income-generating investments in these special editions. That's because I think that's where the most significant opportunity is right now for longer-term investors. Cash producing assets are highly likely to outperform high multiple growth stories over the next few years. The 2020 performance of some of these tech stocks will be challenging to replicate, and I anticipate backing and fulfilling in some of these names.

I read the latest macro update from Henry McVey and his team over at KKR during the break. McVey is a clear thinker who has been right about the economy and markets a lot more than he has been wrong, so I make it a point to read his updates when they come out.

One key takeaway is that he expects a combination of pent demand from consumers exploding in the second half of the year, along with increased government spending and stimulus will combine to push the economy to 5% GDP growth year over year.

That growth could mean that longer-term interest rates have finally bottomed and will begin what could be a decades-long march back toward normality.

I think that probably right with the caveat that I think the bulk of the growth occurs in the second half of the year.

With 19 million people receiving unemployment benefits and 35% of mom-and-pop businesses unable to pay rent in December, the stimulus in the first half of the year is merely holding off the economy's collapse until we have widespread vaccination.

The jobs report this morning paints a picture of what's going on right now. We lost jobs for ...

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Friday Addition Edition

We skipped the Friday addition for the Christmas and New Years Holiday, but we are back with some ideas for you to consider outside just your bank stock portfolio.

I have been focusing a lot on income-generating investments in these ...

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Comments

Friday Addition Edition

If you have been following me for any length of time, you know I spend a lot of time researching and modeling various investment ideas and strategies. It interesting, often entertaining, and it keeps me off the streets.

I probably ...

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Friday Addition Edition

It has been a hell of a week for IPO's. We saw Door Dash (DASH) flu and Airbnb followed the next day with its own very impressive first-day move.

If you got IPO shares, count your blessings, and take your ...

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Friday Edition Addition

Is it just me, or is it really difficult to get into the spirit of a COVID Christmas?

The tree is up, the outside decorations are out, and the calendar says December. Still, with all the boat parades, tree lighting, ...

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Friday Addition Edition-SPACs, Rates and Day Traders

Sorry for the delay with this today. I had most of it written before lunch, but the power went out, leaving me with no internet and the original document perched on a powerless desktop.

Now the dedicated folks at Florida ...

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Friday Addition Edition #4, Vaccines, REITs, Books and Banks

Speaking at an event in the European Union yesterday, Fed Chair Jerome Powell once again took Congress to task for not providing a fiscal stimulus package. Speaking at a virtual panel at the European Central Bank's Forum on Central Banking, ...

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Friday Additions: Private Equity, Real Estate and High Yields

I kind of suspected yesterday's rally would have a hard time gaining traction. Many of the headlines surrounding the coronavirus look good, and we are edging closer to election day, which I think has the potential to go horribly wrong. ...

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Takeover #1 for 2020-our 33rd in last 3 years

a 51% gianer form initial buy recommendation! The stock was on the buy list all the way up untillast Friday.

Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, “Southern Missouri”), the parent corporation of Southern Bank, and Central Federal Bancshares, Inc. (“Central”), ...

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Make that a 3 takeover day! Deal Number 11

Evans Bancorp, Inc. ("Evans") (NYSE American: EVBN) and FSB Bancorp, Inc. ("FSB") (Nasdaq: FSBC), jointly announced the execution of a definitive merger agreement whereby Evans will acquire FSB for $17.80 per share for total consideration of approximately $34.7 million. The ...

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It is a two takeover Day-9th and 10th Deals of 2019

Kearny Financial (KRNY) is buying MSB Finacial (MSBF) for $18, giving us a gainof 79% and Cambridge Finacial is buying Melrose Bancorp (MELR) for $25 a share giving us a 37% profit.

That brings us to 10 takeovers on the ...

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Takeover #8 for a 240%+ gain

WEBK Bonus Bank Bought out for a huge gain. Over 240% at the clsoing deal price.


CAMBRIDGE, Mass. & WELLESLEY, Mass.--()--Cambridge Bancorp (Nasdaq: CATC) (the “Company” or “Cambridge”), the holding company for Cambridge Trust Company (“Cambridge Trust”), ...

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