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The SPAC Supernova Will Likely End With a Spectacular Collapse — But Not Yet

By: Justice Clark Litle

Jan 19, 2021 | News

The Special Purpose Acquisition Company, or SPAC for short, had a supernova kind of year in 2020. The after-effects could be felt, in a bullish way, well into 2021, as hundreds of billions of dollars’ worth of SPAC-driven merger and acquisition (M&A) activity waits to be unleashed. In 2020, the total amount of capital flowing into SPAC deals smashed all…

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Scenes from an Epic Market Mania: Bull Raids and Meme Stocks

By: Justice Clark Litle

Jan 15, 2021 | EducationalNews

Speculative areas of the market are not just red hot, they are white hot. Initial Public Offerings (IPOs), a barometer of speculative froth, are on fire. In the past few days alone: Petco Health and Wellness (WOOF) jumped more than 63% on their first day of trading. Poshmark (POSH) saw its share price more than double on the first day….

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Why a New Commodity Supercycle Could Now Be Underway

By: Justice Clark Litle

Jan 14, 2021 | EducationalNews

Goldman Sachs thinks a new commodity supercycle could be underway. We think they might be right. If they are in fact right — which is easily possible — base metals like copper, along with other commodity staples widely used in construction, vehicles, and home appliances, could be looking at price gains that stretch out over a decade, or even multiple…

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Bitcoin Will Not Replace the U.S. Dollar (It Will Do Something Better Instead)

By: Justice Clark Litle

Jan 13, 2021 | EducationalNews

As the institutional world starts taking Bitcoin seriously, new questions are emerging. For instance: Will Bitcoin replace the U.S. dollar? Will it push aside major fiat currency competitors? Could Bitcoin usher in a fiat-free world? In our view, the answer is “no” three times over. The destiny of Bitcoin is not to replace or dominate fiat currencies. It is to…

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Inflation Expectations are Materializing in the Bond Market

By: Justice Clark Litle

Jan 12, 2021 | EducationalNews

If you want the most elegant case for why inflation is a risk in 2021, it might just be the trajectory of M1 over the course of the past year…

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Saudi Arabia Juices the Oil Price

By: Justice Clark Litle

Jan 11, 2021 | News

A little over a month ago, on Dec. 8, 2020, TradeSmith Decoder went long a sizable basket of oil and gas stocks in the model portfolio. Price action was flashing a green light — always a requirement for new positions — and our bullishness was rooted in the beaten-down profile of energy stock valuations; the demand-boosting prospects of a vaccine-powered…

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‘Getting Brexit Done’ was a Bullish Deal — for Europe

By: Justice Clark Litle

Jan 08, 2021 | News

Brexit, as you likely know, is shorthand for “British exit,” in reference to the United Kingdom parting ways with the European Union (E.U.) after a 47-year relationship. Brexit was made real through a U.K. referendum vote whose results shocked the world — few expected it would happen — in the summer of 2016. For four long years, in an excruciating…

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Political Regime Change in Washington Pours Kerosene on an Inflation Fire

By: Justice Clark Litle

Jan 06, 2021 | News

On Dec. 17, we wrote to you with the following headline: “The Stars are Aligning for Inflation’s Grand Return — and Bitcoin’s Dominance as an Inflation Hedge.” Bitcoin was trading around $23,000 at that time. A few weeks later, it is up more than 52% (pushing $35,000 as we write this note). Perhaps needless to say, the TradeSmith Decoder portfolio…

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The Fate of Jack Ma, and Alibaba’s Reversal of Fortune, is a Warning for the U.S. Tech Giants

By: Justice Clark Litle

Jan 05, 2021 | News

Imagine the U.S. government deciding that a visionary entrepreneur like Jeff Bezos or Elon Musk was too rich and too outspoken. Then imagine Bezos or Musk being kidnapped — and completely removed from the public eye — even as the government openly and aggressively put their tech empire under siege. This is apparently happening to Jack Ma, the e-commerce visionary…

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Apple is Still Serious About an Apple Car

By: Justice Clark Litle

Dec 23, 2020 | News

Apple still wants to disrupt the electric vehicle (EV) industry, and it could have some form of EV in production as soon as 2024. This comes from a Reuters scoop, as told to Reuters by an inside source. No matter how you slice it, Apple getting into the EV space would be a seriously big deal. Nor would they be…

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