A cross between road movie and sci-fi, this is a subversive and bittersweet story about a 77-year-old who refuses to be shipped off to a ‘colony’ Gabriel Mascaro’s wayward, intriguing feature is a kind of road movie, or maybe river movie – the Amazon, in fact, in Brazil’s remote north-west. It is a film that follows its nose, meandering across land and water, wonderfully shot with fascinating visu...
A cross between road movie and sci-fi, this is a subversive and bittersweet story about a 77-year-old who refuses to be shipped off to a ‘colony’ Gabriel Mascaro’s wayward, intriguing feature is a kind of road movie, or maybe river movie – the Amazon, in fact, in Brazil’s remote north-west. It is a film that follows its nose, meandering across land and water, wonderfully shot with fascinating visual compositions. There are occasional weird resemblances to Fitzcarraldo or The African Queen, but filmic allusions are not the point. This is a drama which contrives to transform and liberate its elderly heroine with a series of encounters and vignettes; it is a film about escape and maybe the film itself escapes generic classification, though it’s a problem that disparate ideas and characters are left undeveloped. On one level, we have a chilling dystopian nightmare about a future society that pretends to value its older citizens by compelling them to leave their homes and live in special “colonies”, a low-cost gerontocidal warehousing of everyone over 75. They are sometimes transported in a special prison vehicle for errant oldsters nicknamed the “wrinkle wagon” – like a dog-catcher’s van – and when they finally have to board the coach taking them to these “colonies” they are issued with humiliating, compulsory adult diapers. But on another level, it is a more realist drama about the way society patronises and erases older people. Continue reading...
Promotion of ‘bitcoin treasury’ firm with Kwasi Kwarteng draws new attention to Reform leader’s relations with industry A thumping electronic beat provides the soundtrack to the video as Nigel Farage appears in front of a bank of screens. At first glance, it could be yet another of the Reform UK leader’s “second jobs” – whether promoting gold as a pension fallback or recording Cameo videos . And i...
Promotion of ‘bitcoin treasury’ firm with Kwasi Kwarteng draws new attention to Reform leader’s relations with industry A thumping electronic beat provides the soundtrack to the video as Nigel Farage appears in front of a bank of screens. At first glance, it could be yet another of the Reform UK leader’s “second jobs” – whether promoting gold as a pension fallback or recording Cameo videos . And in a sense, it is: Farage is promoting a £2m cryptocurrency purchase by a company in which he has £215,000 invested, Stack BTC . Continue reading...
The war in Iran has caused the price of all kinds of commodities to surge, and that has a negative economic impact almost everywhere. But the squeeze is really being felt hard in East Asia, which is the ultimate destination for a lot of oil and gas that come out of the Gulf. And though the Strait of Hormuz may eventually re-open, and the acute pain may pass, this episode may already be reshaping t...
The war in Iran has caused the price of all kinds of commodities to surge, and that has a negative economic impact almost everywhere. But the squeeze is really being felt hard in East Asia, which is the ultimate destination for a lot of oil and gas that come out of the Gulf. And though the Strait of Hormuz may eventually re-open, and the acute pain may pass, this episode may already be reshaping the future. On this episode of the podcast we speak with Alex Turnbull, an investor based in Singapor
Strong demand across the VARG platform, led by the new VARG SM, drives profitable growth as Stark expands its commercial and financial backbone for global scale. Strong demand across the VARG platform, led by the new VARG SM, drives profitable growth as Stark expands its commercial and financial backbone for global scale.
Strong demand across the VARG platform, led by the new VARG SM, drives profitable growth as Stark expands its commercial and financial backbone for global scale. Strong demand across the VARG platform, led by the new VARG SM, drives profitable growth as Stark expands its commercial and financial backbone for global scale.
Arista Networks, Inc. (ANET) is an AI infrastructure stock that works directly with AI hyperscalers Microsoft and Meta, doubling its revenue and earnings between 2022 and 2025.
Arista Networks, Inc. (ANET) is an AI infrastructure stock that works directly with AI hyperscalers Microsoft and Meta, doubling its revenue and earnings between 2022 and 2025.
Arista Networks, Inc. (ANET) is an AI infrastructure stock that works directly with AI hyperscalers Microsoft and Meta, doubling its revenue and earnings between 2022 and 2025.
Arista Networks, Inc. (ANET) is an AI infrastructure stock that works directly with AI hyperscalers Microsoft and Meta, doubling its revenue and earnings between 2022 and 2025.
Worawith Ounpeng/iStock via Getty Images The Schwab U.S. TIPS ETF ( SCHP ) ETF’s goal is to track as closely as possible, before fees and expenses, the total return of an index composed of inflation-protected U.S. Treasury securities. I am initiating SCHP as a strong buy on Seeking Alpha. The setup for TIPS exposure is the best it has been since the 2023 real yield peak. The US10Y closed recently ...
Worawith Ounpeng/iStock via Getty Images The Schwab U.S. TIPS ETF ( SCHP ) ETF’s goal is to track as closely as possible, before fees and expenses, the total return of an index composed of inflation-protected U.S. Treasury securities. I am initiating SCHP as a strong buy on Seeking Alpha. The setup for TIPS exposure is the best it has been since the 2023 real yield peak. The US10Y closed recently at approx. 1.94%, core PCE printed 3.0% within February of 2026, and the Fed held the funds rate between 3.50% and 3.75% at the March FOMC meeting. Additionally, the Fed took a rather hawkish stance, as further progress on inflation has been absent. SCHP offers an attractive real yield, and the monthly accrual rate currently runs above the 10Y breakeven, and even better, an investor gets all of this in a 3 bps ER ETF at institutional tradability. When real yields are this far above the post-2010 average and the central bank is openly stuck on a 3% core inflation number, owning inflation accrual results in a lovely opportunity to be found within this ETF. SCHP is a passively managed full-curve TIPS fund tracking the Bloomberg U.S. Treasury Inflation-Linked Bond Index. The fund holds 50 individual TIPS issues, runs an effective duration of approximately 6.5 years, and has a weighted average maturity of approx. 7.2 years. The 30-day SEC yield sits at approx. 4.74%, and the average YTM is approx. 3.89%. This gap is reflective of the inflation accrual component running through the principal of the underlying TIPS, which is distributed monthly. This is the part of SCHP that the yield numbers can obscure, and also the part that my buy thesis sits in. TIPS principal is adjusted upward (or downward) based on monthly CPI changes, and the semiannual coupon is calculated against the inflated principal. So, the real yield is what you earn over inflation, and the inflation accrual is what you earn from inflation itself. SCHP allows an investor to capture both legs of this. Macro Setup Sp...
Hong Kong’s finance chief has expressed confidence that the city will climb to at least second place in the global ranking of international financial centres within 10 to 15 years. Financial Secretary Paul Chan Mo-po said on Wednesday at the HSBC Global Investment Summit that the city provided stability and prosperity in uncertain times, citing its strong gross domestic product growth of 3.5 per c...
Hong Kong’s finance chief has expressed confidence that the city will climb to at least second place in the global ranking of international financial centres within 10 to 15 years. Financial Secretary Paul Chan Mo-po said on Wednesday at the HSBC Global Investment Summit that the city provided stability and prosperity in uncertain times, citing its strong gross domestic product growth of 3.5 per cent last year, as well as robust export performance and rising private investments. “We went through...
JHVEPhoto/iStock Editorial via Getty Images Introduction The last time I covered Albertsons Companies ( ACI ), I highlighted how the “Failed Kroger Deal Fallout Creates An Attractive Entry Point,” rating them a Buy thanks to their robust cash flow, digital and pharma expansion, and significant cost-savings program helping them navigate a rough environment. Following the opioid settlement news over...
JHVEPhoto/iStock Editorial via Getty Images Introduction The last time I covered Albertsons Companies ( ACI ), I highlighted how the “Failed Kroger Deal Fallout Creates An Attractive Entry Point,” rating them a Buy thanks to their robust cash flow, digital and pharma expansion, and significant cost-savings program helping them navigate a rough environment. Following the opioid settlement news overshadowing the strong dividend increase and renewed buybacks alongside higher investments, ACI continues to trade at an attractive valuation that already seems to take into account several risks. Business Transformation Continues Albertsons Companies IR ACI’s latest report was solid overall, with a beat on EPS despite a slight miss on revenue , reporting a 2% increase in identical sales and a strong 21% jump in digital sales in 2025, as well as a massive $773.8 million accounting loss related to the Opioid Settlement Framework they announced on the day of the release, expected to be completed over the following 9 years. Meanwhile, the free cash flow dropped to $527.3 million in FY25 compared to $749.4 million in FY24 despite a drop in CAPEX, with a big impact coming from negative working capital change related to inventories, which doesn't indicate a major deterioration in the business. For FY26, ACI expects identical sales to be 0% to 1% higher (150 bp headwind from the Inflation Reduction Act's Medicare Drug Price Negotiation Program), with $3.85 billion to $3.925 billion in Adj. EBITDA and $2 billion to $2.2 billion in CAPEX. The latter is significantly above the ~$1.84 billion spent in FY25, backing their digital/e-commerce infrastructure and remodeling stores while also aiming to automate their supply chain, which is part of their $1.5 billion productivity savings 3-year target announced over a year ago. Albertsons Companies IR Financially, based on ACI’s latest report , we continue to see an overall normal position for a company in this industry, with current assets be...
Over the past couple of years, precious metals have gone on a tear. In late January, gold reached $5,500 per ounce, while silver peaked at $121 per ounce. Precious metals prices surged as investors and central banks increased their holdings amid ongoing fears of geopolitical shocks and currency debasement. Precious metals have retreated from their highs earlier this year, but geopolitical uncertai...
Over the past couple of years, precious metals have gone on a tear. In late January, gold reached $5,500 per ounce, while silver peaked at $121 per ounce. Precious metals prices surged as investors and central banks increased their holdings amid ongoing fears of geopolitical shocks and currency debasement. Precious metals have retreated from their highs earlier this year, but geopolitical uncertainty hasn't gone away. If you're bullish on the long-term prospects for gold and silver, Wheaton Precious Metals (NYSE: WPM) is one stock to consider buying in April. Here's why. Image source: Getty Images. Continue reading