Weekly Points–March 29th, 2024 – 5 Things to Know in Investing This Week – The Shockwave Issue
The Personal Consumption Expenditures (PCE) Index is the preferred inflation metric for the Federal Reserve. This month’s report came out during Good Friday when the markets are closed. Within hours, the hawks who favor higher rates and the doves who favor lower rates all claimed the report vindicated their view. We’ll elaborate. Shockwave Medical $SWAV … Read more
5 Things to Know – Video Version – The Shockwave Issue
Gary Brode of Deep Knowledge Investing and Robb Fahrion of Flying V Group discuss the 5 Things to Know in Investing This Week: The Shockwave Issue with guest Enrique Abeyta This week, we’ll address the following topics: -The PCE is still too high, but in-line with expectations. Fed doves and asset gatherers resume begging for … Read more
Monthly Depth Report – March 2024 – The “Store of Value” Debate
With inflation continuing to erode the purchasing power of the dollar and both gold and Bitcoin hitting all-time highs this month, there’s been increasing interest in the concept of what constitutes a store of value. Michael Gayed has asserted that a store of value can’t have tail risk. That means if an asset can have … Read more
Shockwave is in Takeover Talks
This piece was originally published on March 26th, 2024 In December, DKI recommended Shockwave Medical ($SWAV) at $190. The thesis was the company was growing quickly due to an unchallenged best-in-class product enabling stent placement in cases that were difficult due to excessive calcification of an artery. We further said that the company was a … Read more
DKI Email Hacked – Problem Now Fixed
Hi All, I’m sorry to report that DKI’s investor relations email account was hacked this morning. This led to many of you receiving a spam message with some nonsense about Elon Musk’s WiFi. The message was not sent by DKI. For the people who alerted me to the problem, thank you very much. I appreciate … Read more
Weekly Points–March 22nd, 2024 – 5 Things to Know in Investing This Week – The Economic Humor Issue
This was a big week for people who follow macroeconomic news. The Federal Reserve kept rates and the dot plot unchanged, but the press release was carefully worded to be opaque. We’ll explain why. After more than a decade of near and even below-zero interest rates at the Bank of Japan, they finally responded to … Read more
