February, 2024

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All-Time Highs Are Historically Bullish

The Big Picture

A quick note to answer this question: What happens after markets make a new all-time high (after a year w/o one)? Check out the table above, via Warren Pies. He spoke with Batnick and Josh earlier this month. Going back to 1954, markets are always higher one year later – the only exception was 2007. That was after housing had peaked, subprime mortgages were defaulting, and the great financial crisis was about to start.

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2 Breakout Growth Stocks You Can Buy and Hold for the Next Decade

The Motley Fool

The major indexes are surging so far this year. The blue chip-heavy S&P 500 index has already broken out to several new highs, while the tech-centric Nasdaq Composite is not far behind. Investors are voting with their dollars, and it appears they've decided on the industry that will likely generate the most growth in the next decade. Leading tech companies involved in artificial intelligence (AI) have outperformed the market over the last 12 months and continue to show strength in 2024.

Prospects 276
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Trending Sources

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EIG-backed MidOcean Energy to acquire SK Earthon’s 20 percent stake in Peru LNG

PE Hub

PLNG is operated by Hunt Oil Company and is one of only two LNG production facilities in Latin America. The post EIG-backed MidOcean Energy to acquire SK Earthon’s 20 percent stake in Peru LNG appeared first on PE Hub.

Stakes 252
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But There's So Much Content Out There!

This is going to be BIG.

I’m very lucky. I know a lot of really smart, interesting people. That’s why I find myself telling a lot of people that I’d love it if they shared their thoughts more often in public. I don’t much care whether they do it in writing, or a newsletter, a podcast or on LinkedIn—but I feel like I every time I interact with them, I learn something or I’m inspired to think about things in a different way.

Deal Flow 159
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What If You Invested at the Peak Right Before the 2008 Crisis?

A Wealth of Common Sense

Despite 5% short-term interest rates and stickier inflation than some people would like and the Fed potentially pushing back interest rate cuts for a few months and the new True Detective seasons being a massive disappointment…the S&P 500 continues to take out new all-time highs. By my count there have already been a baker’s dozen in 2024 alone.1 Here are the new highs by year since 2015: 2015: 10 2016: 1.

Investing 143
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Blackstone Announces Growth Investment in 7 Brew

Blackstone News

New York & Fayetteville, Ark. – February 14, 2024 – Blackstone (NYSE:BX) today announced that Blackstone Growth and affiliated funds (collectively “Blackstone”) have made a growth equity investment in 7 Brew Coffee, the next generation drive-thru beverage business. Blackstone’s investment seeks to help enable 7 Brew to accelerate its already-rapid expansion across the U.S., in collaboration with its premier franchise partners.

More Trending

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4 Ways the Vizio Acquisition Makes Walmart Stock Worth Even More

The Motley Fool

As it turns out, the rumors first floated last week are true: Walmart (NYSE: WMT) is acquiring Vizio (NYSE: VZIO). The $2.3 billion deal was confirmed on Tuesday. The purchase brings a respectable consumer electronics brand into Walmart's fold. The thing is, the acquisition may be even more brilliant than it seems to be on the surface. Vizio brings four distinct things to the table that will make Walmart even more investment-worthy once the deal goes down. 1.

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Onex acquires majority interest in Morson Group

PE Hub

Morson Group is an engineering and technical staffing and workforce services provider. The post Onex acquires majority interest in Morson Group appeared first on PE Hub.

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Update from Jon Gray: Resilience & Reacceleration

Blackstone

2023 ended with a burst of deal activity at Blackstone – a sign of renewed optimism after the Fed’s extended rate-hiking campaign. Our president, Jon Gray, unpacks why we believe this is a particularly opportune moment for investing and outlines our three focus areas for the year. He also shares his view on where the real estate market is headed as the cost of capital declines.

Capital 122
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Can Anyone Challenge the Econmic Dominance of the United States?

A Wealth of Common Sense

Coming out of the Great Financial Crisis there was this running narrative that the United States economy was the cleanest dirty shirt in the laundry hamper. Yes, our economic recovery was tepid but the rest of the world was a mess. The European Union was falling apart. Emerging markets were in disarray. China seemed like it wanted to put up a fight for our economic seat on the throne but never made a serious attempt to di.

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Fever Raises €10M in Seed Funding

FinSMEs

Fever, a Stockholm, a Sweden-based company building an API-centric platform for virtual power plants, raised €10M in Seed funding. The round, which brought the total amount to €11.6M, was led General Catalyst, with participation from previous investors, including La Famiglia and Norrsken VC. The company intends to use the funds to accelerate its expansion plans, […] The post Fever Raises €10M in Seed Funding appeared first on FinSMEs.

Funds 114
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CPI Shelter Measures: 6-12 Month Lag

The Big Picture

Last month, I mentioned that CPI inflation measures were based on lagging BLS measures of Owners’ Equivalent Rent (OER). BLS highlighted housing prices, headlining the CPI report as “CPI for all items rose 0.3% in January; shelter up ” As the chart above shows, Shelter was 2/3rds of the increase in the most recent. ( Chart thanks to Michael McDonough ).

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Billionaire Investor David Tepper Has 46% of His Portfolio Invested in 5 Brilliant Artificial Intelligence (AI) Growth Stocks -- but Made Some Big Changes During the Quarter

The Motley Fool

David Tepper has developed quite a following on Wall Street. The billionaire heads up Appaloosa Management -- the hedge fund he founded back in 1993. He has been called "arguably the greatest hedge fund manager of his generation" by Forbes magazine and has "consistently outperformed his industry peers and the broader global markets since [Appaloosa's] inception," according to Carnegie Mellon University.

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Tech valuations are at a 10-year low — but optimism should be at a 5-year high. Here’s why.

Insight Partners

This article originally appeared on Fortune.com. We have all been through a lot in the past four years. In early 2020, the NASDAQ was at or near record for most of January and February. Things felt great. Then COVID-19 broke out. The rapid adaption of tech, fueled by remote work, led to a massive tech boom and supercharged adoption, innovation, employment, and valuations from the second half of 2020 through Q1 of 2022.

Capital 111
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"How I Did It" Series with XYPN Member Dillon Cobb

XY Planning Network

We're excited to share another member story from our "How I Did It" series. Deciding to take the leap to start your own financial planning firm can be very scary. And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I manage compliance?

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All-Time Highs Usually Lead to More All-Time Highs in the Stock Market

A Wealth of Common Sense

A reader asks: Investing at all time highs is counterintuitive. Does it produce great returns because the market is forward-looking and investors are momentum investors? It doesn’t seem to make sense to buy just before a long severe bear market. I understand the worry here. All-time highs seem scary because every stock market crash in history started from one.

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Reken Closs $10M Seed Funding

FinSMEs

Reken, a San Francisco, CA-based AI and cybersecurity company, raised $10M in Seed funding. The round was led by Greycroft and FPV Ventures with participation from Firebolt Ventures, Fika Ventures, Omega Venture Partners, Homebrew, and JAZZ Venture Partners. Google DeepMind executive Jon Steinback (Sequoia Capital Scout Fund) and Vishal Vasishth (co-founder, Obvious Ventures) also invested […] The post Reken Closs $10M Seed Funding appeared first on FinSMEs.

Funds 114
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U.S. Technology Adoption, 1900-2021

The Big Picture

A century of tech adoption in 30 seconds click for animation Source: Blackrock The post U.S. Technology Adoption, 1900-2021 appeared first on The Big Picture.

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Is Amazon Stock a No-Brainer Buy?

The Motley Fool

Sometimes, the best stock buys are hiding in plain sight. Microsoft shares, for example, gained 1,000% in the past decade, even though the company was already an entrenched software leader back in 2014. It relied on competitive advantages, like its economies of scale and valuable brand, to reach today's massive $3 trillion market capitalization -- likely creating many millionaire shareholders along the way.

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TPG appoints Partner and Head of Infrastructure for climate investing platform

Private Equity Wire

Global alternative investment firm TPG has appointed Scott Lebovitz as a Partner and Head of Infrastructure for TPG Rise Climate, the firm’s dedicated climate investing platform, and part of its $18bn global impact investing platform, TPG Rise. Lebovitz will focus on the firm’s new strategy targeting investments in infrastructure and real assets that are critical to global decarbonisation and energy transition marketplaces.

Investing 103
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Do I need to use the (r) mark with my CFP designation?

Investment Writing

“Do I need to use the ® mark with my CFP designation”? This question spurred me to do some research on whether one must always write “CFP ®.” When I was active as a reporter, I never used the ® mark. In fact, I rarely included an interviewee’s CFP designation because space was tight. Upon doing research, I discovered that the rules for me as a reporter and blogger differ from the rules for you as a CFP certificant.

Legal 103
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What’s Driving the Stock Market Returns?

A Wealth of Common Sense

There’s a cohort of people who think the stock market is rigged. They assume it’s a casino where only certain people win and everyone else loses. Or everything is manipulated by the Fed and the results are fake. If it weren’t for the bailouts or falling interest rates or government spending or the Taylor Swift Eras Tour, the whole house of cards would collapse.

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Gage Raises Seed Funding

FinSMEs

Gage, a St Simons Island, GA-based provider of a platform and mobile app designed to “Build a Better Workforce”, raised an undisclosed amount in Seed funding. The round saw participation from Eagle Venture Fund as well as a group of angel investors. The company intends to use the funds to expand operations and development efforts. […] The post Gage Raises Seed Funding appeared first on FinSMEs.

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30 Sales Tips for Independent Financial Advisors

XY Planning Network

Hey there, RIA owners! Ready to kick your sales strategy up a notch? Whether you're a seasoned pro or considering diving into entrepreneurship, we have 30 actionable tips to help you convert your prospects into clients! We understand the importance of removing the "sell" from Sales and utilizing those conversations instead as an opportunity to build stronger client relationships even before engagement.

Prospects 102
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Cathie Wood Just Keeps Buying More of This Magnificent AI Stock

The Motley Fool

She's at it again: Cathie Wood, the head of Ark Invest, is snapping up shares of Tesla (NASDAQ: TSLA) with purchases worth more than $160 million so far in 2024. Is it a brilliant move or a huge mistake? Here's what you need to know. What's going on As noted above, Wood and her team have purchased over $160 million worth of Tesla stock since the start of the year.

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Citigroup simulates private equity tokenisation on blockchain 

Private Equity Wire

Citigroup has carried out a simulation to explore how a private equity fund could be tokenised on a blockchain network, working with investment firm Wellington Management and ETF sponsor WisdomTree to carry out its “proof of concept”, according to a report by Bloomberg. The simulation tokenised and custodied a hypothetical Wellington-issued private equity fund using blockchain technology provided by smart contracts platform Avalanche.

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MISTAKE MONDAY for February 26: Can YOU spot what’s wrong?

Investment Writing

Can you spot what’s wrong in the image below? Please post your answer as a comment. One item stands out as wrong beyond any question, even without knowing the context of this table. I post these challenges to raise awareness of the importance of proofreading. The post MISTAKE MONDAY for February 26: Can YOU spot what’s wrong? appeared first on Susan Weiner Investment Writing.

Investing 101
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How Much is That $70,000 Truck Costing You?

A Wealth of Common Sense

A reader asks: I work in the construction industry and I’m always trying to spread a little financial literacy to my coworkers. Whenever I see a young guy getting ready to drop $70k on a new pickup I try to show them what that money could become if they invested in index funds instead. I like to call it “sequence of spending risk” Of course this rarely works so I thought having the experts comment could.

Funds 130
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AI.Fashion Raises $3.6M in Seed Funding

FinSMEs

AI.Fashion, a Los Angeles, CA-based leader in AI technology for the fashion industry, raised $3.6M in seed funding. The round was led by Neo. The Y Combinator backed company also announced the early access launch of its latest innovation, Persona by AI.Fashion. Launched in 2023 by experts from Google, Microsoft, and MIT and led by […] The post AI.Fashion Raises $3.6M in Seed Funding appeared first on FinSMEs.

Funds 114
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2024 Aston Martin Vantage

The Big Picture

Over the past few years, my automotive focus has been drawn from achingly beautiful classic cars , toward something newer: Hybrids, EVs, and assorted new technologies. I like to keep current, and that means tracking recent trends and developments in the automotive industry. But when the most beautiful car I have seen in decades comes along — and has a beastly 656+ HP — well, I revert to my default petrolhead status and drool something that sounds like arghgeghh … The photos are

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Why Palantir Technologies Stock Skyrocketed as Much as 47% This Week

The Motley Fool

Shares of Palantir Technologies (NYSE: PLTR) charged sharply higher this week, soaring as much as 47.5%, according to data supplied by S&P Global Market Intelligence. By the time the market closed on Friday, the stock was still up 43.2%. The catalyst that initially sent the data analytics and artificial intelligence (AI) systems pioneer higher was the company's better-than-expected results.

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Goldman Sachs AM launches private credit fund for European HNWIs 

Private Equity Wire

Goldman Sachs Asset Management has launched its first European private credit fund for wealthy individuals, GSEC, which has already raised more than €550m ($594m) from investors, according to a report by Bloomberg. According to a statement by Goldman Sachs, the direct-lending fund provides senior debt to mid-sized and large European businesses, typically in non-cyclical industries.

Funds 100
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How To Afford a House These Days

Mr. Money Mustache

– The other day, an MMM reader stopped by and left the following comment on one of my older posts about the principles of FIRE: “While I still find some of MMM’s advice relevant, it seems like every FI blogger out there worked in tech 20 years ago, pulled down a 6 figure salary and bought a house for a bag of potatoes before 2019. I wasn’t smart enough to find FI when I was young so I sometimes feel like a lot of their advice is not going to help me or others who don’t already own a home a

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What’s the Biggest Risk Right Now?

A Wealth of Common Sense

A reader asks: What’s the biggest risk in the markets right now? The simple answer here is the one everyone has been preparing for over the past 24 months — a recession. In the post-WWII era, the U.S. economy has slipped into a recession roughly once every 5 years or so, on average. Look at how spaced out those recessions (the grey bars) have become in recent decades: From the late-1940s through the early-198.

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