Client Login
Connect With Us
Client Login
Connect With Us

Hodges Friday Fast Five

"In the investment business, you go to school every day, but never graduate." - Don Hodges

Friday Fast Five - 3/25/2022

by Hodges Investment Team, on Mar 25, 2022 8:08:11 AM

Five interesting things that Hodges Capital research analysts discovered this week...

#1 LABOR MISALIGNMENT: “If you take a look at today’s labor market, what you have is 1.7-plus job openings for every unemployed person,” Fed Chair Jerome Powell said last Wednesday. “So that’s a very, very tight labor market. Tight to an unhealthy level, I would say.”

#2 CRYPTO: A recent global survey conducted by Morning Consult indicated that nearly 1 in 4 consumers report owning cryptocurrency, which is roughly equal to the share who report owning a certificate of deposit.

#3 ESG FRIENDLY: Last year, a record $649 billion was poured into environmental, social, and governance-focused funds around the world, up from $542 billion in 2020, according to Refinitiv Lipper.

#4 MARILYN: Christie’s announced that it would sell a 1964 Andy Warhol silkscreen of Marilyn Monroe in May for an estimated $200MM, which would make it the most expensive 20th-century artwork ever to sell at auction. All the proceeds of the “Shot Sage Blue Marilyn” sale would go toward the Thomas and Doris Ammann Foundation Zurich, which supports healthcare and educational programs for children. – New York Times

#5 OPPORTUNITY IN RISING RATES: “We did not sell our future by deploying excess cash into 2% loans and 1.25% securities. I can assure you it would have been much easier for us to have not remained disciplined, but we see this as a generational opportunity to deploy excess cash at much higher rates.” - John W. Allison, Home Bancshares Chairman, and CEO


Subscribe to the Hodges Friday Fast Five to receive the latest Fast Five via email every Friday.

Hodges Private Client is a program offered through Hodges Capital Management, Inc. (“HCM”). HCM is an Investment Advisory Firm registered with the Securities and Exchange Commission (“SEC”), is a wholly owned subsidiary of Hodges Capital Holdings and serves as investment advisor to the Hodges Funds. HCM is affiliated with First Dallas Securities, Inc, a broker-dealer, and investment advisor registered with the SEC.

This discussion is not intended to be a forecast of future events and should not be considered a recommendation to buy or sell any security. Past performance is not indicative of future results. Investing involves risk. Principal loss is possible. Investing in smaller companies involves additional risks such as limited liquidity and greater volatility. No current or prospective client should assume that information referenced in this communication is a recommendation to buy or sell any security or is a substitute for personalized investment advice from your individual advisor. HCM does not provide tax or legal advice. Consult your tax or legal advisor for any related questions.

All information referenced herein is from sources believed to be reliable and is provided as general market commentary and does not constitute investment advice. This material was created for informational purposes only and the opinions expressed are solely those of HCM. HCM shall not in any way be liable for claims and makes no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information. The data and information are provided as of the date referenced and are subject to change without notice.

Hodges Friday Fast Five

We aim to help investors separate the news from the noise by providing our perspective. Every Friday the Hodges Private Client research analysts list the five most interesting things they discovered that week. Subscribe to receive the Hodges Friday Fast Five in your inbox every Friday. 

Subscribe to the Hodges Friday Fast Five