Perfect Storm
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…
Board of Directors / Andrew Rogers
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…
Grim Earnings Forecasts Are Getting Worse by the Week
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…
A Winning Mutual Fund Prepares for the Next Storm
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…
An Oregon Fund Firm Expands Its Tech Team
A mutual fund entrepreneur in Oregon is leaning increasingly on technology, more so than on traditional wholesalers. READ MORE
Beware the Risks of Floating-Rate Funds
Words are powerful, and for investors seeking income, the words “floating rate” are particularly alluring these days. The Federal Reserve is likely to raise interest rates again in December, and rates globally have risen sharply in just the past week.…
Treasury Yields Steady As Traders Brace For Fed Meeting Decision
Treasurys were mostly unchanged Tuesday as traders looked past an early raft of economic data releases to await an important policy-setting gathering of the Federal Reserve, which could determine the outlook for government paper for 2018. The benchmark 10-year Treasury…
How Toys “R” Us Collapse So Quickly
Toys ‘‘R’’ Us Inc., which somehow managed to sustain a crushing debt load for more than a decade after its 2005 buyout, finally succumbed this week to a “dangerous game of dominoes” that toppled the retailer in a matter of…