AI Hype vs. Evidence: A Smarter Way to Invest
https://alaricsecurities.com/blog/ai-hype-vs-evidence-a-smarter-way-to-invest/
In an era of unprecedented AI hype, knowing when enthusiasm outruns evidence may be the most important investing skill you can develop. Markets move fast, but data accumulates slowly. And the gap between the two ...
PDD Holdings Stock: Revisiting the Case at $100
https://alaricsecurities.com/blog/pdd-holdings-stock-revisiting-the-case-at-100/
We have written positively on PDD Holdings stock before, most recently in December 2024, when we argued that PDD at 107 USD per share looked attractive. About a month later, the stock rallied to the ...
Is There an AI Bubble at Present or Not
https://alaricsecurities.com/blog/is-there-an-ai-bubble-at-present-or-not/
ChatGPT recently had its third birthday. Hard to believe, but the application was released only in November 2022. It is even harder to imagine that there was no ChatGPT before then. In just three years, ...
Is Gold Investing Smart or Speculative
https://alaricsecurities.com/blog/is-gold-investing-smart-or-speculative/
We have written about our cautious stance on gold investing before, but recent market action has compelled us to revisit the topic. First, there is a strong narrative around gold being a safe asset, an ...
Bond Yields in Bulgaria 2026: Fair Value vs Euro Area Peers
https://alaricsecurities.com/blog/bond-yields-in-bulgaria-2026-fair-value-vs-euro-area-peers/
Since Bulgaria joined the Euro Area on January 1, 2026, bond yields have moved to the forefront of investor attention. While much of the initial enthusiasm focused on equities—reflected in the SOFIX index rising by ...
Are the Odds of a Recession in 2026 Increasing
https://alaricsecurities.com/blog/are-the-odds-of-a-recession-in-2026-increasing/
There is a joke among economists that if you try to predict recessions, you will correctly predict 12 of the following 6. In other words, recessions are largely unpredictable or, at the very least, difficult ...
META stock: A Rare Value Play in Blue Chip Stocks
https://alaricsecurities.com/blog/meta-stock-a-rare-value-play-in-blue-chip-stocks/
At a time when most large-cap stocks trade at a 5%–10% discount to their Wall Street consensus value estimates, it is refreshing to see that Meta Platforms Inc. (META) , one of the best-performing stocks ...
Stock Market Outlook 2026
https://alaricsecurities.com/blog/stock-market-outlook-2026/
The S&P 500 is up a little over 16% year-to-date, excluding dividends, and is trading near all-time highs. Most Wall Street analysts expect an additional 10%–14% appreciation in 2026. Under normal circumstances, this would be ...
Next Fed Chair: Who Deserves the Job
https://alaricsecurities.com/blog/next-fed-chair-opinion/
For the regular readers of the Market Insights series, it should come as no surprise that we are not fans of Mr. Jerome Powell. There are multiple reasons for that, but it invariably comes down ...
Microsoft Stock Outlook: Buy, Hold, or Avoid Right Now
https://alaricsecurities.com/blog/microsoft-stock-outlook-buy-hold-or-avoid-right-now/
We have written about Microsoft stock (Nasdaq: MSFT) several times before—most recently in October 2024, when the stock was trading near USD 420, and we viewed it favorably. A little over a year later, with ...