Laker Asset Management

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Laker Asset Management

Domestic

Domestic

Electric Cars? Think Bigger

THE FUTURE: PUBLIC, PUBLIC TRANSPORT Over the last few weeks during our meetings, Laker Asset Management has had some extensive conversations on the state of automobile manufacturing. Following CA Governor Newsom’s September 23rd announcement of a 2035 target for an end to gas car sales, we have been once again Thinking Green. The domestic research group has been exploring the emerging independent electric car market, as well as the progressive renewable initiatives among domestic gas guzzle

by Derek Kagen
Domestic

Home Pricing Staying Steady

Home Pricing and Sales Staying Strong During Pandemic Home price growth began increasing in July, this is a sign that the slowdown in home prices caused by the pandemic may be reversing. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 4.8% in the year ending in July. Sales of existing homes have risen 10.5% on an annual basis in August. That included a 44% increase in the sales of homes costi

by Director
Domestic

Election vs. the Stock Market

This Year's Election Will Likely Affect the Stock Market Presidential elections in the U.S. can drastically alter the nation’s direction and economic well-being. While it may not have a direct impact, stock market returns in the year following an election could be affected by its results. According to be US Bank, when the presidency changes hands, the stock market gains an average of 5% in the following year. When the president is re-elected, however, the stock market averages an increase of

by Director
Domestic

Retail Bankruptcies and Store Closures

Retail Bankruptcies and Store Closures In the first six months of 2020, 18 retailers filed for protection.  Majority of these retailers were a part of the apparel and footwear, home furnishing, and grocery and department stores.  From July to August another 11 retailers filed.  This could be the worst year for retailers to file for bankruptcies since 2010 when there were 48 retailers who filed.  Since the government mandated a stay at home order, many of these stores were out of operations f

by Director
Domestic, Macro

Bond Yields are Explaining the Market | Domestic

Bond Yields are Explaining the Market The market has been pretty unpredictable recently but if we are to take a look at bond yields, it can help us investors know what might happen in the market. The treasury note has decreased from 1.9% to 0.7% year to date. This could be why the markets have done well recently too. Stock price estimates are formed from formulas containing yields, and with lower yields it can help pull down discount rates. This can make future earnings more valuable, althou

by Director
Domestic

School Closings and Long-Term Damage | Domestic

School Closings Could Cause Long-Term Damage to the U.S. Economy As the COVID-19 pandemic continues to affect the U.S., elementary and secondary schools across the nation have been forced to shut down and transition to remote learning to reduce the spread of the virus. These closures have an obvious effect on learning in the short-term, as many schools were unprepared to convert their curriculum to digital platforms. However, school closings could also have a massive effect on the long-term

by Director
Domestic

Domestic | The Costs of Shutting Down | Mar 24th-Mar 31st

Big Business Steps Up As Covid-19 continuesto rip through countries, it leaves behind a chaotic and beaten economy. Thepandemic has forced many businesses and even whole sectors to close in order tostop the spread of the virus. In times like this it is important to seek out positivityand resist being swallowed up by all the negative news. Many larger companiesare providing us with that beacon of hope. As the virus continues crippling the economy, it leaves many gaps. Larger companies are ste

by Director
Domestic

Domestic | Doomed Financials | Sep 16th-Sep 22nd

Financial Markets Reaction to Fed Rate Cuts The Federal Reserve’s chairman Jerome Powell announced the second rate cut of 2019, by 25 basis points (bps), at the end of the two-day Federal Open Market Committee (FOMC) meeting this Wednesday. Global economic growth and trade-war related uncertainties leading to slowdown in business investments were cited as key reasons for the latest cut. Hence, banking stocks are expected to record lower margins at the end of the current quarter However, the cen

by Garek Schultz 2 Comments on Domestic | Doomed Financials | Sep 16th-Sep 22nd
Domestic

Domestic | A Week of Tech | Sep 9th-Sep 15th

Summary of Apple Hardware Show       The annual Apple hardware show happened this week and it did not disappoint. Not only did they release a the new iPhone 11 (which also included the iPhone 11 Pro/Pro-Max), Apple also announced they were moving into streaming services with Apple+. The service will be released November 11th and will only be $4.99 a month, undercutting competitors such as Netflix and Disney which both posted losses on the day. As time goes on we'll see how much of the stream

by Garek Schultz
Domestic

Domestic | Aging stocks | Sep 2nd-Sep 8th

The theme of aging population and why it never gets old. A week doesn't go by without hearing about the problems which will be created by the world's rapidly aging population. Much of the focus is on how fewer people will mean lower future economic growth. When we look at the investment opportunities as a fund, we must look at many different and unique markets older adults not only rely on their primary care physician, but also on long-term care services and supports. Teams of physicia

by Garek Schultz
Domestic

Domestic | 5G Progression | Aug 26th-Sep 1st

5G is moving faster than expected  =   5G has been a hot topic for telecom stocks during the past year, and the rollout for nationwide consumer 5G gets closer and closer. During this past week, new updates of certain telecom companies and their progression of 5G networks have pointed out that 5G will be fully functional sooner than most people expected. In particular, Sprint has brought 5G to four more major cities in the US, including Los Angeles and New York City. Sprint's 5G network is c

by Garek Schultz
Domestic

Domestic | Consumers Stay Spending | Aug 19th-25th

Retailers Show Signs of Strong Consumer Spending U.S. retailers show strong earning reports with Target (TGT) leading the way and Lowes (LOW) close behind. Both companies were thought to be hit hard by the trade war but ended up posting higher than expected EPSs through steady consumer spending. Since consumer spending makes up about two-thirds of the U.S GDP, strength in this sector of the market is important to maintain healthy GDP growth and offset the weaker U.S manufacturing sector. Wi

by Garek Schultz
Domestic, Research

Domestic | Smart Manufacturing

Abstract (PAGE UNDER CONSTRUCTION) The goal of this research is to discuss the theme of smart manufacturing and relate it to investing opportunities. By giving a description of the theme, how it will affect industries and sectors, we hope to find investing opportunities. Because the theme of smart manufacturing entail a broad variety of areas, we will discuss what sectors will first and foremost be affected. These sectors will provide us with the most present investing opportunities within s

by Laker Asset Management