The majority of the world’s stock markets fell during 2018. The value of HCP Black also fell by 3.36%, and…
How do you plan to avoid losses in a recession?
Making an economic forecast is difficult. How long until we face the next recession, no one knows. One thing is…
Why is HCP Black Portfolio Strategy Defensive?
On the video below, the HCP Black Portfolio Manager Tommi Kemppainen discusses the performance of the fund and explains why…
Insurance strategy update
This year, we have witnessed strong hurricanes and earthquakes. The HCP Black fund has invested in five objects which carry…
What’s behind the current stock prices, and why does this really matter?
What's behind the current stock prices, and why does this really matter? As a simple example, we can take a…
Beggar Thy Neighbour – the whole picture of over-indebtedness and protectionist trade policy
What is a balance sheet recession? It is a situation where the high indebtedness of consumers and companies makes them…
Talk the talk – walk the walk
During the last quarter, there has been a significant increase in writings about the position of the world economy in…
How much is a lot of debt?
Interest rate cut as a market control mechanism doesn’t work anymore. The purpose of a lowered interest rate is to…
Home in homeland – Real estate investments globally
Nearly everyone has an opinion on housing and real estate investments. I see my own house primarily as my family’s home…
Stretched Valuations and Zero Cash
“The dot-com bubble was a historic speculative bubble covering roughly 1997–2000 during which stock markets in industrialized nations saw their…