When dinosaurs attack! Drumheller, Alberta. Copyright © 2016 Felix Choo / dingobear photography. Picture available for licensing at Alamy Images. Photo may not be reproduced without permission.
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Hello. This is the 44th update of the Peanut Power Rankings, which takes into account data current to July 5, 2019. Thank you for continuing to read and support the Canadian Convertible Debentures Project.
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At this time, it might be prudent to re-hash some background for the Peanut Power Rankings. In a nutshell, the rankings are based on two main considerations: (1) a proprietary quantitative model I developed to help myself determine the "fair value" of a particular convertible debenture issue and (2) a qualitative judgment (based solely on my own humble opinion) on the particular issue, issuer, economic environment, interest rates, and other factors.
Ok, let's get to it. For the Peanut Convertible Debentures Power Rankings, please click on the table below to read it larger. If you still find it too small to read, please download the PNG file, which then can be zoomed to a size that you prefer. For those who are looking to obtain a PDF or Excel version, please email us for more information; they can be made available for a small fee.
Important!: Like everything else on this website, content here is provided as information and opinions only and not intended to be a provision of investment advice or a recommendation of any investment action in any form. There is no guarantee, warranty, representation, or other assurance whatsoever on any of the information provided. Information and opinions reflect our views as of the date provided, but may change without notice. Investments made in convertible debentures are exposed to the risk of financial losses, and as with all disseminated information concerning investments, it is highly recommended that an individual consult with a qualified investment professional before making any investment decisions.
Market Commentary - Super Quick Points (July 5, 2019)
- It's been a busy summer. So sorry, this is going to be brief.
- In spite of a raft of global trade concerns and the terrible decisions from politicians in DC and elsewhere, the economy is managing to stay afloat on the good graces of suddenly accommodating central bankers in the US, Europe, and Japan.
- Will the Fed cut rates in July? The market has pretty much considered this a given and is pricing in as many as two cuts before the end of the year. This is keeping stocks at near-record highs.
- But without the sugar-high of easy monetary policy, can risk assets really stand on their own in accordance to fundamentals?
- I suppose we will see soon enough as a Q2 earnings start trickling into the picture in the coming weeks.
- As you know, I've been nervous for awhile, but the market keeps proving all of us who are nervous wrong.
- As per usual, things will be fine until ... they aren't.
- I know this isn't exactly deep insight, but these are surreal time we live in.
- Stay diversified out there, focus long-term, and emphasize quality. Good luck in the second half of 2019.
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