JAG Team Insights — Putting Recent Tech Layoffs into Context
January 27, 2023 Almost every day we have been hearing the news of tech layoffs, most recently Alphabet (Google) and Spotify each announcing a 6% workforce reduction. While layoffs often point towards a weakening economy, we believe these headcount reductions primarily reflect idiosyncratic factors in the tech industry and have a relatively limited read-through for […]
4th Quarter 2022: Opportunity Set is Growing Despite Fears
Bonds are Back! As we highlighted last quarter, we believe the interest rate increases and inflation fears of 2022 have created an attractive opportunity for bond investors for 2023 and beyond. Indeed, being a prudent and diversified “lender” to the Federal Government, corporations, and municipalities now provides investors with the potential to earn mid-to-high single […]
JAG Team Insights — An Electric Opportunity: Renewable Energy Generation
December 15, 2022 The US and much of the world is engaged in a multi-decade effort to replace fossil fuels with renewable, non-CO2 emitting sources of energy. This is an enormous project that will require vast amounts of capital to implement. JAG believes the adoption of the new technologies involved in this transition has and […]
3rd Quarter 2022: Looking Beyond Risks
Looking Beyond the Risks “When you see only problems, you’re not seeing clearly.” – Phil Knight, Shoe Dog: A Memoir by the Creator of Nike As we begin the final quarter of 2022, the markets and the economy are still facing numerous challenges from persistent, high inflation, ongoing Fed rate hikes, and geopolitical instability. The […]
JAG Team Insights: What’s Next for Health Care Investors?
August 22, 2022 The Inflation Reduction Act has major implications for many investment sectors, including Health Care. This Insight focuses on the powers granted by the Act to Medicare to negotiate drug prices over a multi-year path. The effects will not be felt evenly across the industry. Drug companies with the forethought to have built […]
2nd Quarter 2022: Inflating Worries
Firm Highlights JAG Achieves Third Party Veteran Owned® Business Certification JAG is proud to announce that we have achieved third party certification as a Veteran Owned Business from the National Veteran Business Development Council (NVBDC). The NVBDC is the leading certifying authority for businesses to ensure valid documentation of veteran status, ownership, and operational control. […]
JAG Team Insights: Electric Opportunity – Upgrading the Grid
June 24, 2022 Reliable, affordable electrical power is a key requirement for US businesses to compete effectively in a global economy and a necessity for consumers. Meanwhile, there is growing consensus among global policymakers, corporations, and investors that supports transitioning to clean and renewable sources of energy. The US has committed to a multi-year program […]
JAG Team Insights: Assessing High Gas Prices and Shortage Risks
May 24, 2022 — Summary A confluence of factors including the recovery of demand, capacity reductions, lower China exports, and geopolitical tensions are driving record-high gasoline and diesel prices. Clean petroleum product (such as gasoline, diesel, jet fuel) inventories remain low globally, with some countries already experiencing product shortages. While supply shortage risks also exist […]
1st Quarter 2022: Stormy Weather
Firm Highlights Welcome John! John Krueger joined JAG as a Junior Equity Research Analyst with a focus on cyclical and consumer-oriented companies. John previously was an investment banking analyst at Cornerstone Business Services. John earned a BS in Business Administration and a Master of Accountancy, Taxation, Accounting from The University of Arkansas, Sam M. Walton […]
JAG Team Insights: Sentiment Index
March 18, 2022 — Summary The current investment backdrop is reminiscent of the old Chinese curse, “May you live in interesting times.” Between inflation at 40-year highs, a hawkish Fed, a horrific war in Ukraine, a sharp correction in many growth stocks, and news of a COVID-19 surge in China, there is a veritable hailstorm […]