Signal From Noise
RESEARCH
- Signal from Noise
Three Stocks For Elevated Inflation and Volatility
"I like to compare the Fed's problem to the challenge of adjusting the shower in an old hotel, where there's a lag of 20 to 30 seconds between the time you turn the faucet and the time the water temperature changes. It's very hard to avoid scalding yourself or freezing...
- Signal from Noise
Not Too Late To The Party: Why Energy Could Continue Its Incredible Run
Last December, when the S&P 500 was sitting near all-time highs, Tom Lee made another non-consensus forecast: While warning the first half of this year would be “treacherous,'' he highlighted Energy as a key component of his 2022 strategy. On Dec. 21,2021, he told more than 1,000 members that the...
- Signal from Noise
Inside The War Machine: The US Aerospace and Defense Sector
“In every battle, there comes a time when both sides consider themselves beaten, then he who continues the attack wins.” -- Ulysses S. Grant General Grant commanded Union armies in the American Civil War. The American Civil War was when the industrial age and warfare became fully acquainted, resulting in...
- Signal from Noise
The Big Five: Intangible Assets and R&D of Big Tech
"Tomorrow's outcomes that are different than today's perceptions lead to revisions in expectations that are the source of excess return…What is in an investors control is gaining a solid understanding of a company's prospects for creating value." -Michael J. Mauboussin and Dan Callahan, _One Job: Expectations and The Role of...