In this episode, Ceasar Bryan and Chris Mancini discuss how recent developments in Ukraine are affecting the gold sector, and what we can expect for this space in the future.

Gabelli Radio

Recent Geopolitical Effects on the Gold Industry

Hi, I’m Charlie LaRosa, and here is our take “On The Markets” for January 2022. US equities came under pressure in January as the S&P 500 suffered its biggest monthly pullback since the start of the pandemic in March 2020. Historically, a weak first month hasn’t necessarily led to a year of negative returns. In the past 20 years, the S&P 500 has fallen 3% or more in January on six occasions. Five of those occasions, the S&P 500 was back in positive territory before year-end – the only exception was 2008. Much of the volatility during the month can be attributed to the Fed embarking on a plan to raise interest rates, with a policy statement from the central bank that it could start to do so as soon as March 2022.  Fed Chair Powell’s press conference comments were widely perceived as hawkish, implying that we may see more rate hikes this year than originally anticipated by the markets. The Fed is also in the process of shrinking its record balance sheet at a faster pace through quantitative tightening. While the monetary policy shift was a main focus for the markets, dampened fiscal policy support was another overhang. Sen. Joe Manchin did not support President Joe Biden’s Build Back Better (BBB) plan, which has stalled the proposal, saying that the bill could further fuel inflation. The spread of the Omicron variant played into the more persistent supply chain and input price pressure narrative. While the impacts of Omicron on economic life should diminish through the year, investors remain hopeful that a highly contagious/relatively mild Omicron is a clearing event that helps immunize the population. Health officials have noted that COVID-19 is reaching an endemic phase. While new variants are likely to emerge, society is learning to adapt and accept the possibility that COVID could become a seasonal virus. After several false starts, a rotation from Growth to Value may finally gain traction and provide a tailwind for the appreciation of the undervalued, cash generative entities we favor. Our style should benefit from two themes. First, an inflationary environment favors companies possessing pricing power and significant sunk and/or fixed costs. Holdings including broadband providers, waste handling firms, sports franchises and branded goods companies fit that bill. Second, after years of reinvestment, many formerly disrupted incumbents are poised to innovate their own way to growth. As Value Investors, we continue to navigate the current market volatility as an opportunity to buy attractive companies, which have positive free cash flows, healthy balance sheets and are trading at discounted prices. Please make sure you subscribe to our channel, for all GabelliTV updates. And for more information, visit us online at www.Gabelli.com.

"On The Markets" for January 2022

In this episode, Paul Fanelli joins us to discuss the changing streaming environment, the upcoming Warner Discovery merger, sports broadcasting rights, and more.

Paul Fanelli on the streaming landscape, Warner and Discovery, and more.

Hear Brett Kearney discuss the newest Gabelli ETF: The Gabelli Asset ETF (symbol: GAST)!

The New Gabelli Asset ETF

In this episode, Gustavo Pifano joins us to discuss the rise of online sports betting and iGaming in the US, parallels to the European market, stock picks, and more.

New Opportunities in US Online Sports Betting and iGaming

In this episode, Ashish Sinha discusses COVID in Europe, how he finds opportunities in this setting, stock picks and more.

Ashish Sinha on COVID in Europe, scouting for investment ideas, and more.

In this episode, Jennie Tsai joins us to speak about how COVID has affected the medical device sector, the lack of current mergers and acquisitions in the industry, stock picks, and more.

Jennie Tsai on the Medical Device Sector

Steve Comery joins us to discuss how he evaluates depository banks, how COVID has changed the depository landscape, the effect of interest rates on the industry, and more.

Steve Comery on Depository Banking, Interest Rates, and More

In this episode, Matt Brooklier discusses issues facing the commercial vehicles industry today, such as supply chain shortages, the efforts to make zero-emission commercial trucks, some insight into Traton, and more.

Matthew Brooklier on the Commercial Vehicles Sector

Join us on November 19th for Gabelli’s Third Annual Healthcare Conference, in tandem with Columbia Business School. The Gabelli healthcare team will be hosting a line-up of speakers including healthcare providers, payers, pharmaceutical companies, and academics. The conference will focus on some key areas, including Alzheimer’s care and treatment, new biopharma technologies, and data mining and AI in patient care. Click here (the ‘here’ should hyperlink to the event registration page) if you are interested.  Gabelli Funds, LLC is a registered investment adviser with the Securities and Exchange Commission and is a wholly owned subsidiary of GAMCO Investors, Inc. (NYSE: GBL).

The Gabelli Third Annual Healthcare Conference at Columbia (November 19th)

Chris Ward, our Growth Team Portfolio Manager, provides insight as to current trends in the economy, such as inflation, the semiconductor shortage, and an outlook for 2022, and does a deep dive on select companies including Nvidia and Cloudflare.

Market Update & Outlook with Chris Ward

Chris Mancini joins us to discuss the gold industry: what makes gold a great store of value, the reasons to invest in gold mining companies, recent changes in gold’s value and more.

The Gold Industry with Chris Mancini

Bart Rekucki returns, this time to discuss the elevator industry. Tune in for his stock picks, an explanation of technological changes in the industry, how the sector is structured, and more.

Bart Rekucki on the Elevator Industry

In this episode, Co-CIOs and portfolio managers Chris Marangi and Kevin Dreyer discuss changes to the mergers and acquisitions landscape, inflation and its effects on value investing, stock picks, and more.  DISCLOSURE STATEMENT Several companies were mentioned in this episode. GAMCO owns the following percentages of each company: -Liberty Braves – 24.31% Series A, 4.73% Series C -Nestle – less than 1% -Madison Square Garden Sports – 5.46% -Madison Square Garden Entertainment – 5.82% -Aerojet Rocketdyne – 6.22% -Republic Services – less than 1% -Evergrande – less than 1% -Diageo – less than 1% --Herc Holdings – 9.47% -Sony – less than 1% -Universal Music Group – less than 1% -Vivendi – less than 1% -Grupo Televisa – less than 1% -Q-rate retail – less than 1% -Edgewell Personal Care – 5.67% -Netflix – less than 1% -Comcast – less than 1% -Charter Communications – less than 1% -Liberty Broadband – less than 1% -Liberty Global – less than 1% -General Motors – less than 1% -Marcus Corporation – 5.06% -Flowserve – 2.19% 

Market Update with Chris Marangi and Kevin Dreyer

In this episode, Kathryn Welling (co-author of Merger Masters with Mario Gabelli and author of Welling on Wall Street) discusses her experiences with merger arbitrage, the history and future of this space, and much more. Jeffrey Illustrato, Senior Vice President at Gabelli, interviews.

Kathryn Welling on Merger Arbitrage

Gabelli Funds welcomes you to Gabelli Radio, where you can meet our portfolio managers & analysts, hear highlights from industry conferences, gain market insights, and learn more about our investment approaches. http://www.gabelli.com Invest with us 1-800-GABELLI (800-422-3554)

hubhopper

Gabelli Radio

hubhopper