Mega-Brands: Investing in Mega Trends Through Mega Brands

In this months update, I talk about the month and YTD of the brands equity strategy, what worked by sector and style box as well as how each brand we own is performing as a stock and how its performing fundamentally. I also talk about what we expect for the rest of the year and into next weeks elections and how to play any weakness we see.

For more information about the fund or investing in Mega Brands:

⁠https://www.globalbrandsmatter.com/dynamic-portfolio⁠

In this months update, I talk about the month and YTD of the brands equity strategy, what worked by sector and style box as well as how each brand we own is performing as a stock and how its performing fundamentally. I also talk about what we expect for the rest of the year and into next weeks elections and how to play any weakness we see.

For more information about the fund or investing in Mega Brands:

https://www.globalbrandsmatter.com/dynamic-portfolio

In today's episode, I cover the month of September and Q3 returns for the Brands Fund, the markets, sectors, and the brands we own. I talk about the active trading environment and using volatility to enhance returns to the core, buy-hold portfolio of great brands. I also cover the health of the consumer and how we see consumer spending developing through the holidays.

Bottom line: Investors should expect more volatility over the next 4-5 weeks. Great for traders, not so great for investors. In a world where central banks are now focused and coordinated on rate cuts, an asset price tailwind is alive and well and dips will likely be bought. Use these periods of VOL to upgrade your portfolio and to build bigger positions in your favorite long-term stocks.

For more information on the Dynamic Brands Fund:

⁠https://www.globalbrandsmatter.com/dynamic-portfolio

In today's August Dynamic Brands Update, I talk about the market returns along with what styles & sectors are doing YTD. I talk about the global brands portfolio, winners & laggards. I also highlight how crowded tech and semiconductor exposures are currently and how hated consumer stocks are. That's a wonderful contrarian signal. I talk about the health of the consumer, different income cohorts, and the general sentiment amongst consumers. I end with the risks we see in markets and with the Fed as well as the wonderful trading markets we have today and what trades we have ten in August.

For more information on the Dynamic Brands Equity strategy:

https://www.globalbrandsmatter.com/dynamic-portfolio

Today I discuss the volatility in markets today, the July & August rout in equities. I highlight the "everything else" trade and if it has legs and talk about our focus on quality. I talk about the brands portfolio, allocation shifts, where we added and what's performing or lagging. I end with my views on the consumer and how and where they are feeling and spending. You are getting an opportunity to buy some of the most dominant, relevant companies driving global growth on sale today. Use this opportunity to add to your favorites. We are certainly doing that the last few days.

For more information about the global brands strategy:

https://www.globalbrandsmatter.com/dynamic-portfolio

I discuss the quarter and YTD p[eriod for the brands portfolio as wlel as overall markets and what worked and didn't work. I also talk about the worlds largest crowded trade, an overweight to tech, semiconductors and AI stocks and offer a potential catalyst that could force some capital away from the crowded trades and in to everything else.

For more information on investing in global brands:

https://www.globalbrandsmatter.com/dynamic-portfolio

I discuss the quarter and YTD market dynamics inside the brands portfolio and market overall. I talk about the stocks we own, the winners and laggards YTD and how we see consumer spending trends today. Lastly, I talk about today's most crowded trade: AI, tech and semiconductors and show about $20 trillion in assets with heavy 30-60% exposure to tech/Semi's/Comm services sectors and compare today to the late 1990's when the largest stocks worked and everything else lagged. I expect the "everything else" trade will begin working soon enough, particularly the election and an expanding economy will be the catalyst.

If you want more info:

https://www.globalbrandsmatter.com/dynamic-portfolio

I discuss the overall market, rates, inflation, economic data and the global brands we own. I also highlight which sectors and style boxes are performing and lagging. I spend a little time talking about the consumer and the massive amount of capital at their disposal that flows to the consumption theme. This is a great market update and highlights the power of investing in global brands and the consumption thematic.

https://www.globalbrandsmatter.com/dynamic-portfolio

In today's April and YTD update I discuss what we see in equity markets, how top global brands are performing, what we see for inflation, the Fed, rates, and how to navigate this turbulent market.

Brands matter more than ever when rates and inflation stay higher for longer!

We love the luxury goods category and LVMH is a key core brand to own as the category leader. Q1 was solid and stable with core consumers engaging as always and some aspirational consumers pulling back a bit. Fashion & leather goods performed well, select retail-Sephora - was very strong. Sephora is clearly taking share from Ulta and Ulta's stock reflects it.

The stock is cheap relative to the peer group and itself and fits all the important style factors to own in this kind of "higher for longer" environment. We will certainly buy the dips as they come.