2020 OUTLOOK
We are coming off a record year in equities as we close out 2019. Equities made record highs and interest rates reversed in dramatic fashion versus their 2018 levels. We are closing out this year with a high amount of…
We are coming off a record year in equities as we close out 2019. Equities made record highs and interest rates reversed in dramatic fashion versus their 2018 levels. We are closing out this year with a high amount of…
It is our view that monetary and fiscal policy cannot affect the economic trajectory. It is the Federal, State, and Local policies that are killing the system. The dollar has gone up ever since the Fed has come out dovish…
Leader Capital recently held a vote by proxy to establish a stand alone trust. Meet our new Trustees, Andrew Rogers, Raymond Davis and Marty Kehoe, who will serve on our Board of Directors to help ensure success & keep our…
With most investors focusing on monetary policies and trade negotiations, the grim outlook for earnings is flying under the radar. John Lekas, CEO & senior PM of Leader Capital, shares his thoughts on why investors should brace for disappointment and…
John Lekas has retained former Multnomah County Commissioner Loretta Smith to lobby Congress on the issue. A Portland businessman and animal rights activist has hired former Multnomah County Commissioner Loretta Smith to lobby Congress to help ban the slaughter of…
Help stop the Lychee Massacre. Save tortured dogs. The Lychee and Dog Meat Festival is a horrendous, torturous event held in Yulin, China. It begins every year on June 21st during summer solstice and lasts for 10 awful days where 10,000–15,000…
Every few years, Steve Romick pens a long letter to clients about looming risks for the stock market. His timing is usually too early—credit-default swaps in 2002, subprime mortgages in 2005, excess leverage in banks and investment banks in 2006—but…
700 billion of refis in corporate America coming in 2019. Per recent Barron’s article (1/12/19), should bring significant downgrades in corporate credit. We believe downgrades roll down: i.e. BBB to BB+, BB+ to BB, etc. We believe we retrace the…
We believe the intermediate low is in on the equity markets (when the VIX hit 50) Markets should be range bound for the foreseeable future (Dow: 23775 to 26616, S&P: 2600 to 2872, Nasdaq: 6800 to 7505) Credit markets, commodities,…