Independent financial research
Porter’s Daily Journal
Unfiltered perspectives on investing, business, finance, and life. Explore the latest Daily Journal articles and browse past issues.
Get Porter’s Daily Journal free →Daily Journal archive
All researchWhy it could be time to reconsider the traditional “60/40” portfolio (from Crescat Capital on September 16)…
Read articleThree top resources for identifying stocks with the potential to soar hundreds or thousands of percent (from Kyle Grieve via X on September 17)…
Read articleHere’s a crowdsourced list of the most promising small-cap investment ideas (from Clark Square Capital via X on September 19)…
Read articleThe outlook for the U.S. cannabis industry is more bullish than ever (from Jeff Schultz via X on September 20)…
Read articleSentiment toward discount retailer Dollar General appears to be extremely bearish today (from Carl Quintanilla via X on September 20)…
Read articleHere are four little-followed businesses with strong and growing returns on invested capital (ROIC) – one of the common hallmarks of the Buffett-style “Inevitable” stocks we love here at Porter & Co. (from Kyle Grieve via X on September 20)…
Read articleThe uranium industry was a big winner in September (see Energy below). Here’s a review of some of the most promising uranium mining stocks today (from Anders via X on September 23)…
Read articleThe recent Russian ban on diesel and gasoline exports could be a bullish tailwind for oil refiners like Valero (VLO) (from Norman Levine via X on September 23)…
Read articleAahan Menon – founder of Prometheus Research – shares his current macro outlook, including why he believes the massive upcoming wave of debt issuance is likely to be bearish for U.S. Treasury bonds (from the BlockWorks Forward Guidance podcast on August 30)…
Read articleAn explanation of the popular Treasury bond “basis trade,” and why regulators are sounding the alarm (from The Wall Street Journal on Sep 13)…
Read articleDespite the worrisome fundamentals, U.S. Treasury bonds are on pace for record inflows this year (from Santiago Capital via X on September 16)…
Read articleThis long-term chart of 30-year Treasury bonds suggests the 40-year bull market is over (from Jurrien Timmer via X on September 19)…
Read articleHedge fund manager Bill Ackman – who has never been shy about “talking his book” – recently explained why he remains bearish on U.S. Treasury bonds (from Bill Ackman via X on September 21)…
Read articleThe government is planning a U.S. Treasury “buyback” program to boost market liquidity (from Bloomberg on September 21)…
Read articleThe recent “bear steepening” in the U.S. Treasury yield curve could be an ominous signal for the economy (from Alf via X on September 23)…
Read articleThe 10-year U.S. Treasury yield hit a new 16-year high above 4.5% this week (from Charlie Bilello via X on September 25)…
Read articleYet, despite the huge move higher recently, yields are only now back to their long-term historical average (from Katie Greifeld via X on September 25)…
Read articleTorsten Slok, chief economist for alternative asset manager Apollo Global, believes the credit default cycle is now underway (from The Daily Spark on August 26)…
Read articleCorporate profits continued to weaken last quarter (from Liz Ann Sonders via X on August 30)…
Read articleLast month was the busiest August for corporate bankruptcies on record (from Steph Pomboy via X on September 5)…
Read articleBillionaire distressed debt investor Howard Marks expects defaults to keep rising (from Bloomberg on September 6)…
Read articleDespite plenty of reasons for concern, the spreads between high-yield corporate debt and U.S. Treasuries have been falling for most of the year (from David Dierking via X on September 18)…
Read articleThe average company’s net interest payment has actually fallen over the past couple years (from Charlie Bilello via X on September 19)…
Read article