Using Veritas to Construct the "Per…

29-04-2017 Hits:90762 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:82727 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:82615 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:87124 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:84657 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:85634 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:56739 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:85026 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:84686 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:84547 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:91091 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:88617 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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 Last year, as the debate between the inflationists and the deflationist was raging, I stepped in with a little empirical research. I try not to make predictions and prognostications, but rather stick to being prepared for the most likely events. I stated that if I had to pick a scenario, the most likely as I was would be stagflation wherein high input costs would co-exist with a deflationary drop in asset values, creating a "worst of both worlds" style environment. Well, Alcoa has given us some anecdotal evidence of the likelihood of such an occurrence approaching.

Alcoa's Quarterly Profit Trails Estimates on Higher Energy, Currency Costs

 Jan. 11 (Bloomberg) -- Alcoa Inc., the largest U.S. aluminum producer, reported fourth-quarter profit that trailed analysts’ estimates as the company faced higher energy and currency costs...

Profit was hurt by higher energy prices and the dollar’s decline against the euro and the Brazilian real, Deutsche Bank AG analyst Jorge Beristain said...

“This quarter was disappointing, especially with the energy costs, and having to buy primary aluminum on the open market,” said John Stephenson, who helps manage C$1.5 billion ($1.45 billion) including Alcoa shares at First Asset Investment Management in Toronto. The miss on earnings was “significant,” he said.

Aluminum Prices

Alcoa’s sales benefited from aluminum prices that rose 18 percent in the quarter to $2,230 a ton on the London Metal Exchange. The price Alcoa charged customers for the metal increased 9.3 percent from the previous quarter, the company said. Revenue exceeded the average estimate of $4.84 billion in the Bloomberg survey.

“They are benefiting partially from higher aluminum prices, but the cost honeymoon the company has had for the past nine months is rapidly drawing to a close,” Beristain said in a Jan. 5 interview. “Some input variables are starting to move against them as foreign currencies strengthen against the dollar.”

Chief Executive Officer Klaus Kleinfeld cut about 21,500 jobs from June 2008 through December 2009 as the deteriorating global economy reduced demand for aluminum. In March, he pledged to eliminate $2.4 billion in annual costs for items from raw materials to transportation, and had completed 83 percent of that goal by the end of the third quarter.

Also from Bloomberg: Stocks, Copper Gain While Dollar Falls After China Reports Record Imports 

Copper futures for March delivery climbed to $3.441 a pound in New York. Shipments of copper and copper products into China rose to about 369,400 metric tons in December, the Customs General Administration said yesterday in Beijing. That was up 27 percent from November and 29 percent from a year earlier, according to Bloomberg data. Record imports in last year’s first half helped copper prices more than double in 2009.

I have published a decent amount of opinion on the true historical performance of popular inflation "hedges" as well as the probability of stagflation being greater than hyperinflation or deflation, outright. See the many articles below.
  
The Butterfly is released! I am releasing the balance of the Butterfly Effect (see The Asset Securitization Crisis Part 27: The Butterfly Effect) to the public in anticipation of the next two installments of the Asset Securi...
Tuesday, 21 October 2008

 Economic contractions AND rising prices, dare Reggie utter the "I" word - Enter a global phenomenon Roadmap to the crisis. Before we go on with this installment let's get a firming of the definition of the term "inflation" with a little help from Wikipedia: Inflation can be considered a general ... Monday, 03 November 2008

Reggie Middleton's Take on Investing for Inflation, pt. 1 I have looked into potential inflation hedges/speculative trades and decided to share some of my thoughts with the blog. Despite the rumblings of many, there are already signs of inflat
Wednesday, 10 June 2009
 
Reggie Middleton's Take on Investing for Inflation, pt. 2 As stated in part one of my inflation series of blog posts, I am not sure if we will have rampant inflation in the near to medium term (and I believe anyone who thinks they can acc
Friday, 12 June 2009

Reggie Middleton's Take on Investing for Inflation, pt. 3 The Performance of Inflation Correlated Assets: Reggie Middleton's Opinion This is part 3 of my thoughts on investing in inflationary times (see Reggie Middleton's Take on Investing for Inflation..  Friday, 12 June 2009


Reggie Middleton's Take on Investing for Inflation, pt. 5 In continuing with my rant on investing during inflationary periods (see Reggie's take on investing for inflation parts 1, 2, 3 and 4 for the background to this article)), I am addressing ass
Wednesday, 17 June 2009
 
More on my stagflation rant ...lengthy. I noticed that some who have read the "Reggie Middleton's Take on Investing for Inflation, pt. 5" are looking at inflation and deflation as being mutually exclusive. ...
Wednesday, 24 June 2009.
 
... continues to gain from rising oil prices. Nevertheless, the slowdown in the US economy and spiraling global inflation are likely to hurt economic growth in Asia and the Middle East. This factor could...
Thursday, 14 August 2008

China Macro Update China: An Insight into its Past Growth and the Future (also of interest is the HSBC opinion and 2H08 update) China’s massive growth in the last decade has taken the world by surprise. Curr
Tuesday, 19 August 2008

The Asset Securitization Crisis Part 27: The Butterfly Effect The Butterfly Effect: Paulson, Bernanke, the Asset Securitization Crisis & their impact on the Industrial and Manufacturing Sectors - Part 27 of Reggie Middleton on the Asset Securitization Crisis
Monday, 06 October 2008

 Are Energy Prices Curtailing Growth? ...rew 1.0% and Japan rose 5.4% in terms of real GDP, while the U.S. and U.K. fell 0.8% and 3.0%, respectively. Inflation skyrocketed during these times; for instance, U.S. inflation peaked at 13.5% in 1...
Friday, 18 July 2008

GE and the Uber Bank Forensic Analysis lts in its mortgage and credit card portfolio. GE’s higher loss provisions, going forward, and rising inflation will impact the company’s profitability. GE also plans to sell its applian...
Wednesday, 09 July 2008