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MR MONEY MAKER: Can a minnow grow to become a mighty titan?


What s happening? 
I have generally found new issues, or IPOs (initial public offerings) as they are called in the UK, to be an unreliable investment here. In the Far East they were often priced to be a success on the first day, but not so much that they were seen as undervalued. 
But in the UK I have found that the greed of the advising banks and brokers over fees often provide generous returns for them and meagre ones for private investors. 
This is a gross generalisation but I pass it out as a warning against such sales hype. Actually, with a newly floated business we should look at the longer term prospects of business growth and not as a punt for stags on the opening day.  ....

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SPDR S&P 500 ETF (ETF:SPY), Vanguard Value ETF (ETF:VTV) - Why The CPI Inflation Number Was Not 'A Bearish Gamechanger' For Stocks


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SPDR S&P 500 ETF Trust (NYSE: SPY) took a big hit this week after the U.S. Labor Department reported a 4.2% rise in CPI for the month of April, the highest inflation reading since 2008.
The big inflation number spooked investors who are concerned the $6 trillion in COVID-19 stimulus could trigger hyperinflation, but Sevens Report Research’s Tom Essaye said Thursday the headline inflation number may not be as bad as it appears at first glance.
Digging Deeper: Essaye pointed out that a deeper dig into the April inflation number reveals airfare, used vehicles and lodging prices were all up 10% from a year ago. Essaye said those three markets endured massive, unsustainable jumps in prices related to specific catalysts: airfare and lodging prices jumped because of economic reopenings and used vehicle prices jumped because of semiconductor supply issues. ....

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