Cocktail Investing Ep 9 – So Janet Yellen & the Fed are Data Dependent You Say?…Is the Stock Market Listening to the Hard Data?…Amazon’s Next Target – Liquor Stores and more Thematic Signals
18 Mar

Cocktail Investing Ep 9 – So Janet Yellen & the Fed are Data Dependent You Say?…Is the Stock Market Listening to the Hard Data?…Amazon’s Next Target – Liquor Stores and more Thematic Signals

It was quite a week that started off with winter storm Stella, a Fed interest rate increase and finished up with St. Patrick’s Day. Your resident mixologists, Chris Versace and Lenore Hawkins, were busy sharing their thoughts on all of that as well as the February Retail Sales report this week and break it all down for you on this episode of Cocktail Investing. As usual, the High Priestess of Global Macro that is Lenore Hawkins has a number of data points to share that will raise eyebrows over what the mainstream financial media is calling an “improving economy.” Keep in mind that even if the Fed’s GDP forecast rings true through 2019, it means we will have experienced 14 consecutive years with annual GDP not breaking past 3.0 percent. As Lenore points out, that’s never happened before, not even during the Great Depression.

Sounds like some big headwinds to growth and yet the “data dependent” Fed raised rates even though the Atlanta Fed slashed its GDPNow forecast for 1Q 2017 to 0.9 percent last week vs. more than 3.0 percent at the start of January and 4Q 2016’s GDP of 1.9 percent. Was the Fed’s March interest rate increase because of inflation or was it because of something else?

Chris and Lenore share their thoughts on all of that as well as several Thematic Signals that we collect each and every day that serve to confirm our 17 investment themes. During this episode, they’ll share some of the latest that pertain to our Connected Society, Aging the Population, Foods with Integrity and Guilty Pleasure investing themes. On St. Patricks day on a show titled Cocktail Investing, it’s rather fitting to talk about how Amazon is putting liquor stores in its crosshairs.

More Thematic Signals can be found each and every week here. If you’d like to listen to past episodes of the Cocktail Investing Podcast, you can find them here.

Companies/Stocks Mentioned on the Podcast

  • Amazon (AMZN)
  • Boxed.com
  • Consumer Discretionary SPDR ETF (XLY)
  • International Flavors & Fragrances (IFF)
  • JPMorgan Chase (JPM)
  • McCormick & Co. (MKC)
  • Netflix (NFLX)
  • Outerwall
  • Redbox
  • Russell 2000 (RUT)
  • S&P 500 (SPX)
Chris Versace Tematica Research Founder and Chief Investment Officer
Lenore Hawkins Tematica Research Chief Macro Strategist

About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

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