@Impervious38 What's missing from Devoted's stats is profitability metrics, MCR, etc (opaque because they're a private company). Growing an unprofitable MA book by burning money isn't sustainable. Clover tried that with ACO REACH & got hammered. Even greater reason why CLOV is undervalued.
@benjamincowen BC, don't waste a second of your time on Henrik Zeberg. He's a known fraud macro strategist who shamelessly plagiarizes the work of @DaveHcontrarian & calls it his own. The fact that he has ANY following is beyond me!
@CDInewsletter Caldwell Partners $CWL.TO has been doing just that. They've been accelerating buybacks y/y and increased their quarterly dividend payout by 50% (~5.8% yield) last month.
@McClellanOsc Hi Tom - any update to your chart above? The 2-year has been ripping the past 6 months & the Fed seems to be late to the party once again.
@DavidCoxRJ Hi David - CAD had an interim peak against the USD at the end of Dec & has been aggressively losing ground since. In your opinion, is this just a counter trend rally or something more ominous? TIA