The Costco Wholesale Corporation’s (COST-NASDAQ, $470.73) Self-Inflicted, Terribly Company Specific Q4 2022 and Fiscal 2022 Earnings Failure.

By Costco standards, the Q4 earnings conference call represented a woodshed beat-down. During the call Q&A, not a SINGLE analyst congratulated Costco on the quarterly result. Rather, the tone of the questioning, by Wall Street standards, was more along the

Posted in Open Blog

Global Demand May Have Hit a Wall When Market Curves Did September 23, 2022

You would have thought him a prosecutor knee-deep rooting out corruption. The man detested the very possibility of anyone scheming under his nose. But Jean-Claude Trichet wasn’t some overtly aggressive DA targeting mafiosos, he was the ECB’s boss det...

Transactions on GBL shares from September 26, 2022 until September 30, 2022 (included)

Today’s Bank of England Bond Intervention Confirms Central Banks are Committed to an ORDERLY Economic Slowdown.

“The Bank of England said it will buy long-dated British government bonds to “whatever scale is necessary” in order to restore orderly market conditions.” https://www.washingtonexaminer.com/policy/economy/bank-england-bond-buying-crash Central banks are keenly aware that one of the systemic risks that can occur due

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A Combination of Xi Coincidences Spins Into a Narrative September 30, 2022

This isn’t the first time Xi Jinping was said to have disappeared unexpectedly. And it isn’t the first time Xi was unaccounted for in the weeks leading up to a crucial Communist Party Congress. China’s entire government and political calendar revolve...

Gnostic Capital Global Large Cap Portfolio Return for the Quarter Ended 09/30/22.

The Gnostic Capital Portfolio return for the fiscal quarter ended September 30th, 2022, was -3.1%. On June 30th, the portfolio was valued at $594.77 USD per share and on September 30th, the portfolio was valued at $576.60 per share. For

Posted in Open Blog

Transactions on GBL shares from October 3, 2022 until October 7, 2022 (included)

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