WEEKLY ISSUE: Trade Concerns and Tariffs Continue to Hold Center Stage

WEEKLY ISSUE: Trade Concerns and Tariffs Continue to Hold Center Stage

This week we moved from signs that tariffs and inflation would play a role in the upcoming earnings season to investors recognizing that is the likely reality following reports from Harley Davidson and Universal Stainless & Alloy Products. With earnings expectations for the S&P 500 yet to factor in this reality, we could be in for a bumpy 2Q 2018 earnings season as expectations for the second half of 2018 get rejiggered. We’re also doing some Select List pruning, cutting GLW, LYTS and OLED shares in the process.

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WEEKLY ISSUE: Trade and Tariffs, the Words of the Week

WEEKLY ISSUE: Trade and Tariffs, the Words of the Week

With trade and tariffs being the market words of the week, we review the positioning and exposure for that on the Tematica Investing Select List. We’re cutting MGM Resorts (MGM) from the Select List, and are recasting our Rise & Fall of the Middle Class theme into two – the New Middle Class and the Middle Class Squeeze.

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WEEKLY ISSUE: Taking a Last Sip from Our Venti Latte as We Head into the Summer

WEEKLY ISSUE: Taking a Last Sip from Our Venti Latte as We Head into the Summer

In this week’s issue of Tematica Investing, we’re making some moves with the Tematica Investing Select List as we exit Starbucks shares and trim back our position in USA Technologies. We preview Costco’s earnings later this week and offer updates on our holdings in Apple, MGM Resorts, Paccar and Rockwell Automation.

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Is Trump Serious About the Tariffs or Is This Just a Big Game of Chicken?

Is Trump Serious About the Tariffs or Is This Just a Big Game of Chicken?

We have to question whether President Trump will go ahead with his proposed tariffs or is it a negotiating tactic at a time when NAFTA negotiations remain underway? We’ve seen the president pull this tactic from his book, Art of the Deal, several times over the last year and given the potential consequence of a trade war to the domestic economy as well as the stock market, there are several reasons we can’t rule this possibility out.

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NAFTA is in the hot seat, but trade isn’t as simple as America wins

NAFTA is in the hot seat, but trade isn’t as simple as America wins

With around a quarter of all U.S. imports consisting of raw materials and intermediate good that are inputs into American-made products, trade barriers that make those imports more costly also make American-made products more costly and less competitive on the global market. While the rhetoric around trade has been a straightforward, America first, the reality […]

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