John Lekas – CEO & Senior Portfolio Manager November 2nd, 2023 I've had a rather eventful week, receiving four calls from contractors offering a range of services. The list included remodeling the lower bathroom shower, treating my shake roof, gardeners…
John Lekas CEO September 22nd, 2023 "Don't fight the Fed.” These individuals are academics, not rational business people. The good news is they will inform you of their intentions; there's no need to second-guess them. They have stated that they…
When it came to helping investors navigate recent debt-market turmoil induced by Federal Reserve rate increases, bond-picking fund managers largely came up short. Of almost 2,000 actively managed bond funds covering a range of investing strategies, 58% failed to beat…
John Lekas – CEO and Senior Portfolio Manager July 24th, 2023 We anticipate that weakness in the US dollar (DXY) will initiate an upward trajectory in commodity prices. The sanctions against Russia have led to fragmented financial markets, allowing movement…
John Lekas – CEO and Senior Portfolio Manager May 1st, 2023 US Average Hourly Earnings Yearly Percent Change We believe the inflation we are seeing in the CPI and elsewhere will persist well into 2024. As we have stated in…
John Lekas – CEO and Senior Portfolio ManagerJanuary 30th, 2023 2023 won't be the beat-up of 2022, but we believe it will be like walking in mud: slow, arduous, and no easy sprints. So Goes January, So Goes the Year.…
Rates Higher for Longer John Lekas – CEO and Senior Portfolio ManagerNovember 23, 2022 Interest rates will be higher for longer in our view and conversely, the market will be in the doldrums for longer. “Do not fight the Fed”.…
John Lekas – CEO and Senior Portfolio ManagerSeptember 30th, 2022 We believe the markets giving back most of the pandemic trade. Earnings could potentially prompt higher unemployment as companies try to keep earnings from declining. In our opinion, the U-3…