Jun 1, 2022

DEFLATION! (Cestrian Stocks Bulletin #143)

By Cestrian Capital Research, Inc • Issue #143 • View online

Once again the Internet delivers value. But not in the way you think it would.

DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note’s date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.

Thwarted!

Our aim across all our services is to price as low as we possibly can, to reach the largest audience we can, and to grow our subscription business for a long time on that basis. You, dear reader, win with the pro-grade work at the bargain-basement price, and we win with the whole price-elasticity-internet-distribution-costs fandango. Also the moral high ground. It is, as vapid content-free executives everywhere call it, a win-win.

We launched the pay version of Cestrian Stocks Bulletin at USD9/mo and figured we can raise it over time for new members. In all our services, once you sign up, you keep your price. Stay with the service for ten years? You’re paying almost nothing on an inflation adjusted basis. Actually, nowadays, stay with us for a year, you’re paying almost nothing on an inflation adjusted basis. Especially if you adjust for what inflation actually is in your wallet, not what the Federal government tells you it is. 8% lol.

So, in April, we thought, righto, time for a price hike for newcomers. $15/mo from 1 May. $9/mo stays in place for our loyal and longstanding members - thankyou to all of you by the way.

Oops.

Turns out that with Twitter, which owns this here newsletter platform, you can only raise prices for everyone. Democratic perhaps but not very commercial. (The very essence of $TWTR in fact!).

So, big news, we have wound our prices back to USD9/mo because as much as we love money, we love our subscribers more, and we don’t want anyone who joined in the early days to get hit with a price rise.

This means that if you are yet to join the paid side of this letter, now is a great time to do so. For $9/mo. Before Elon gets ahold of the thing and comes up with many wizard ways to charge people money that they hadn’t previously known they wanted to spend. Newsletters delivered direct to your cortex … $19/mo. Self-Writing Newsletters. $29/mo. Underground Newslet…. ah, you get the point.

The market is showing signs of having bottomed and if so there are some tremendous buying opportunities ahead.

Here’s the S&P in SPY ETF form.

Remember - Stocks Run AHEAD Of The News, Not Vice Versa

And here’s Bitcoin, a veritable canary in the coalmine. Yes that is an up-move you see there.

Yes It Is Correlated With Equities. No It Is Not An Inflation Hedge.

We’ll be sharing some recovery play ideas in our Idea of the Week pay version of this letter - starting tomorrow.

So without further ado we invite you to become a Full Self Reading member for only …. yes … USD9/mo! And get exclusive content, regularly, starting tomorrow with our next Idea of the Week.

Sign up HERE:

https://www.getrevue.co/profile/cestriancapitalresearch/members

Cestrian Capital Research, Inc - 1 June 2022.

DISCLOSURE - Cestrian Capital Research, Inc staff personal accounts hold long positions in, inter alia, $UPRO and $BITO