Hodge Podge
My favorite Sutstack read, most read Tobin Reports, inflation, mortgage rates and more...
This week will be a bit of a hodge podge of thoughts…
BUT FIRST…
Before I move on, I’m going to ask you to please share The Tobin Report with someone you think might like it. As of now, The Tobin Report is FREE.
A Few Things Top of Mind…
1. My Favorite Substack Read
(Besides The Tobin Report! Ha!)
I want to share one of my favorite follows on Substack,
Vince Lanci has been a professional commodity trader for over 30 years and is a contributor to various investing outlets, including one I follow regularly, Arcadia Economics. He also advises for multi-billion dollar institutions on trading and risk management in the same space I follow: energy, metals, and crypto. I find there is a real demand for analysis and teaching…and Vince is one of the best I’ve found. He has FREE and PAID subscriber content. I receive both.
Just thought I’d share.
2. The Tobin Report - Top Articles
Here are my top 4 most read articles - in case you missed it.
It’s fun to go back and look at which articles were read the most…and which ones not so much, lol. Here are my top articles.
Click below to read…
3. Inflation 🤯
A fun depiction of inflation (below)
Imagine two scenarios:
Holding cash in US dollars
Holding gold
Which do you think has held its purchasing power for the last 53 years?
I’ll give you a hint: it rhymes with MOLD…or COLD…or FOLD…or even a word I just made up: LOLD.
If you guess GOLD…you are correct. Lol
Now which of those two do you think will outperform in the next 53 years?
(I’m really hoping you are not guessing US dollars.)
Okay, that was fun. Let’s move on.
4. Mortgage Rates
Mortgage rates have been on a steady decline since 1981. Yes, some oscillations along the way…but the trend has been lower.
Not anymore.
The chart below is a monthly chart of 30-year fixed rate mortgages going back to 1987.
In March of last year we broke out of that down trend...
My expectation is we have entered a decade or more of higher rates. Yes, some oscillations along the way…but the trend will be higher.
5. When Constructing a Portfolio…
Remember, money is made on the buy side…and usually when it’s difficult to buy.
My favorite follow on Twitter for precious metals, specifically GOLD and SILVER.
Great Twitter follow: @TheLastDegree
➡ Lastly…and most importantly…
6. IT’S BASEBALL SEASON!
Yes, the MLB season is almost upon us (Go Dodgers!), but I’m referring to West Torrance Little League! I’m coaching both my boys this year, Aidan and Liam. Best job ever.
As the years pass, I find myself digging deeper into this role and appreciating every practice…every game. I know it won’t last forever.
During the season, I ask three things from my players…
Show up on time
Give 100%
Enjoy the game
That’s it. If they can master these three, they will be wildly successful in life.
That’s all for now.
Eric