Blog

What is the Culprit(s) for Recent Equity Weakness? August 19, 2021

By Steven Vannelli, CFA in Markets

Just when everyone thought we had COVID-19 whipped, the delta variant came along and US cases inflected higher. The 7-day moving average was about 13,000 in early July and has jumped about 10-fold to 132,000 as of yesterday. The first place this can be seen…

EVs Could Mean Full Cycle Outperformance of Copper Producers August 06, 2021

By Bryce Coward, CFA in Economy, Markets, Portfolio Management

President Biden recently set a target for 50% of all vehicle sales in the US to be fully electric, plugin hybrid, or fuel cell by 2030. Assuming a modest 1% annual growth in new car sales, total new car sales in the US would be…

Here’s Why the US May Have a Housing Boom for the Next 5 Years July 30, 2021

By Bryce Coward, CFA in Economy, Markets

The United States is just at the beginning of a housing boom that could last for the next five years. Of course, most folks who are either homeowners or are in the market to buy a home understand that prices have gone up quite substantially…

The US Energy Sector is in Chronic Atrophy, And That Could be a Good Thing for Energy Investors July 23, 2021

By Bryce Coward, CFA in Economy, Markets, Portfolio Management

Public attitudes toward energy companies are changing, and with it capital investment in energy companies is shrinking. Perhaps nothing speaks louder than actions. In the first quarter of 2021 investment in environmental, social and governance (ESG) focused funds hit a record high by a wide…

Breakdown July 23, 2021

By Steven Vannelli, CFA in Economy, Knowledge Leaders, Markets

We believe the technology sector is broadly breaking down. That’s the bad news. The good news is that the correlation between pure growth stocks and pure value stocks has plunged. This means that growth only explains about 5% of the movement in value stocks right…

Inflation Is Starting to Weigh on Consumer Confidence and Spending July 16, 2021

By Bryce Coward, CFA in Economy

This week US CPI inflation for June rose at a stunning 0.9% MoM, or 11% annualized, placing it among the highest sequential inflation readings in the past 40 years. Sure, much of the reading can be chalked up to used car prices and airline tickets,…

Spotlight Pandora: Charming the World with Jewelry Innovations July 08, 2021

By Knowledge Leaders Team in Knowledge Leaders

Known globally for its charm bracelets, Pandora is the world’s largest jewelry brand. Founded in 1982 by a Danish goldsmith and his wife, the firm got its start importing products from Thailand to sell in their small Copenhagen shop. By 1989, they were manufacturing their…

Is the Re-Opening/Value Trade Over? July 07, 2021

By Steven Vannelli, CFA in Markets, Portfolio Management

Interest rates have been falling in recent months leading some to speculate that the “re-opening” trade has run its course. This in turn begs the question as to whether the “value” trade is over. On both accounts, we see signals that still point to an…

Payroll Report Gives Little Ammo to Fed Hawks July 02, 2021

By Bryce Coward, CFA in Economy, Portfolio Management

The ever-important payroll report came in ahead of expectations for June, but will ultimately do little to sway policy in toward the hawkish faction of the Federal Reserve Board. The headline non-farm payroll figure name in at 850K in June, ahead of expectations for 720K…

Spotlight Associated British Foods: Organizational Capital at Work Feeding Britons June 30, 2021

By Knowledge Leaders Team in Knowledge Leaders

Headquartered in London, UK, Associated British Foods is a diversified food ingredients and retail group and owner of the global brands Twinings, Ovaltine and Mazola. The company began in 1935 as Food Investments Limited, growing primarily on the back of its bread business and through…

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The information presented here is for informational purposes only and is not to be construed as an offer to sell, or the solicitation of an offer to buy, securities. Some investments are not suitable for all investors, and there can be no assurance that any investment strategy will be successful. Hyperlinks may be included in this message that provide direct access to other internet resources, including web sites. While we believe these links are to reliable sources, Knowledge Leaders Capital (“KLC”) has no control over the accuracy or content of information contained on these sites. Although we make every effort to ensure such links are accurate, up to date and relevant, we have no control over pages maintained by external providers. The views expressed by these external providers on their own web pages or on external sites they link to are not necessarily those of Knowledge Leaders Capital.

The information provided on this blog is for illustrative or example purposes only and should not be construed as KLC’s opinion or investment outlook. As of the most recent quarter end, the named companies may have been held by KLC. For full information including additional policies and full disclosures, please visit our website: KnowledgeLeadersCapital.com.

Any reference to Index performance does not represent the performance of any investment product offered by Knowledge Leaders Capital, LLC. An investor cannot invest directly in an index. The performance of client account may vary from the Index performance. Index returns shown are not reflective of actual investor performance nor do they reflect fees and expenses applicable to investing.

Companies are selected for “Spotlights” based on high levels of innovation activities in their respective industries and illustrate innovation being employed across all sectors and geographies. Spotlight selection is separate from stock selection by the investment team. Spotlights are not necessarily representative of investment opportunities and can be selected regardless of investment performance or inclusion as a KLC holding.