Entering text into the input field will update the search result below

Phil’s Weekend Roundup – October 26, 2019

Oct. 26, 2019 10:48 AM ETGREK, SFTBY, VIR
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Value, Contrarian, Deep Value, Newsletter Provider

Seeking Alpha Analyst Since 2014

Philip MacKellar is an analyst, portfolio manager, and investor at Contra the Heard Investment Newsletter. He has been with the company since 2011 and has been investing since 2004. The newsletter’s primary focus is on contrarian and value-oriented investment opportunities traded in the United States and Canada. In addition, Philip sometimes engages in M&A, other special situations, and holds bonds, preferred shares, and convertible securities. Contra the Heard is a Toronto based company and was founded in 1995. Philip also blogs about personal finance topics on his own website called mymoneymoves.ca in his free time. You can also follow Philip at the Globe & Mail, on Twitter @Rallekcam, and catch him on YouTube at Contra the Heard.

Welcome to the latest edition of my weekend roundup, intended to present investors with interesting articles, interviews, and long form reads while cutting through the clutter of the news cycle. Here are some highlights from the last two weeks.

  • Read: SoftBank’s misadventures in WeWork continue. This week, SoftBank took an 80% stake in the company and announced a $5 billion financing package. To add insult to injury, another SoftBank investment in Vir Biotechnologies crashed during its IPO debut, ouch!

  • Read & Watch: China’s imports and exports fell more than expected in September. Chinese annual GDP Growth Rate slowed to its lowest level in 27.5 years too. Meanwhile, fallout for the NBA over Hong Kong continues, Mike Pence weighs in publicly on the side of protestors, and the S&P flirts with new highs on US-China trade deal optimism.

  • Read: The Fed is set to increase its repo market interventions again. All is not well, apparently. I’m not usually a central bank watcher, but keeping an eye on the upcoming Fed meeting scheduled for October 29-30 may be interesting.

Stay tuned for more content in the coming weeks.

The opinions expressed – imperfect and often subject to change – are not intended nor should be taken as advice or guidance. Contra the Heard Investment Newsletter is not an investment advisor or financial advisor. Contra the Heard Investment Newsletter provides research, it does not advise. The information enclosed in this article is deemed to be accurate and reliable, but is not guaranteed by the author. 

Analyst's Disclosure: I am/we are long GREK.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.