Jamie Dimon Says 8% Fed Funds
John Lekas – CEO & Senior Portfolio Manager April 10th, 2024 We believe there's a lack of recognition regarding the extent of inflation, both in the United States and internationally. The economic ramifications of distributing $7 trillion during the pandemic are big, with a multiplier effect of approximately 7x, totaling around $49 trillion. These effects are still unfolding. If JP…
2024 Market Outlook
John Lekas - CEO and Senior Portfolio Manager February 20th, 2024 Inflation is expected to persist, as previously discussed in our newsletters. Our stance remains unchanged: the Federal Reserve is unlikely to lower interest rates until the unemployment rate (U-3) increases. The wildcard factor is the upcoming election year, and while there may be speculation that Powell could make concessions…
Extending Duration?
John Lekas CEO & Senior Portfolio Manager December 20th, 2023 By extending the duration in our portfolio 100% at this juncture using 10-year treasuries (based on a target rate of 3% in 2024), we would generate approximately 8% in capital gains. Additionally, we would receive a 3.75% coupon, resulting in a total return of 11.75%. Our fund will return around…
Contractors Are Calling
John Lekas – CEO & Senior Portfolio Manager November 2nd, 2023 I've had a rather eventful week, receiving four calls from contractors offering a range of services. The list included remodeling the lower bathroom shower, treating my shake roof, gardeners proposing budget-friendly rates, and even someone offering to resurface my driveway. It's worth noting that we already undertook a remodeling…
Don’t Fight the Fed
John Lekas CEO September 22nd, 2023 "Don't fight the Fed.” These individuals are academics, not rational business people. The good news is they will inform you of their intentions; there's no need to second-guess them. They have stated that they are data-dependent, so let's examine the data! It clearly indicates that they will continue to raise rates. The two inflation…
Jamie Dimon Says 8% Fed Funds
John Lekas – CEO & Senior Portfolio Manager April 10th, 2024 We believe there's a lack of recognition regarding the extent of inflation, both in the United States and internationally.…
Extending Duration?
John Lekas CEO & Senior Portfolio Manager December 20th, 2023 By extending the duration in our portfolio 100% at this juncture using 10-year treasuries (based on a target rate of…
Don’t Fight the Fed
John Lekas CEO September 22nd, 2023 "Don't fight the Fed.” These individuals are academics, not rational business people. The good news is they will inform you of their intentions; there's…
How Bond Funds Have Fared During the Fed’s Rate Hikes
When it came to helping investors navigate recent debt-market turmoil induced by Federal Reserve rate increases, bond-picking fund managers largely came up short. Of almost 2,000 actively managed bond funds…
Board of Directors / Andrew Rogers
Leader Capital recently held a vote by proxy to establish a stand alone trust. Meet our new Trustees, Andrew Rogers, Raymond Davis and Marty Kehoe, who will serve on our…
Portland businessman works to stop the sale of dog meat
John Lekas has retained former Multnomah County Commissioner Loretta Smith to lobby Congress on the…
The Ugliness Of The Lychee And Dog Meat Festival
Help stop the Lychee Massacre. Save tortured dogs. The Lychee and Dog Meat Festival is…
Leader Capital Promotions
“The team at Leader Capital has been crucial to our success over the years,” said…
Disclaimer: We are providing a link to the third party’s website solely as a convenience to you, because we believe that website may provide useful content. We do not control the content on the third-party website; we do not guarantee any claims made on it; nor do we endorse the website, its sponsor, or any of the content, policies, activities, products or services offered on the website or by any advertiser on the site. We disclaim any responsibility for the website’s performance or interaction with your computer, its security and privacy policies and practices, and any consequences that may result from visiting it. The link is not intended to create an offer to sell, or a solicitation of an offer to buy or hold, any securities.
The video presented is for informational purposes only and is not an offer to buy or sell a security or participate in any investment strategy. Information provided should not be used as substitute for individualized investment advice. Past performance does not guarantee investment results.