A Thanksgiving Message

From Team Haymaker

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Hello, Haymaker Subscribers!

As you might have guessed, we will not be running any Monday/Friday content this week (though we might push out a Premium Resources note for our Founding Members; TBD). Take a breath — we will be back next week, though it’s not clear how well our return piece will compete with Cyber Monday. Godspeed to you all with this season’s bargain hunting! Based on the latest trends in retail spending, America’s stores can use your help.

Aside from enjoying the Thanksgiving holiday with friends + family (which we sincerely hope all of you plan to do, as well!), we will also be spending some time preparing for next week’s “End of the Year” webinar, the first part of a two-part series we’ll be hosting for Founding Members and several Evergreen clients.

Part I of the series, which is set for November 30th, will focus on how 2023 has panned out (basically a “What Dave got right and wrong…” session), while Part II, which will likely run a week prior to Christmas, will be based on his 2024 “anticipations”. Both parts will reserve plenty of time for candid Q/A with Dave. If you’ve been wanting to pick the Haymaker’s brain on all things market & finance, that’ll be a great opportunity for you. 

For those among you who could use a larger helping of deep-dive insights, our monthly webinar series is just what you’re looking for. Based on your feedback, we are also considering disseminating brief trading alerts, at least on asset classes, not just on Fridays but whenever we believe circumstances warrant. Please let us know how you feel about that enhancement. So, upgrade to our Founding Member tier today and keep an eye out for your webinar invitation!

Okay, webinar pitch complete. We really do hope you can find some time over the next few days to step away from the often stress-inducing world of finance and relax for some good food in the company of caring people… not to mention your in-laws! It might be time to add a new item to the “No religion or politics” maxim of family dinners — the new version should be, “No religion, no politics, and no Federal Reserve talk!”

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Publishing for you all twice a week (thrice for Founding Members!) has been a wonderful endeavor throughout 2023, our first full calendar year on Substack. In this week of thanks, that’s something for which we truly are thankful. One more month to go then it’s off to 2024 and a thousand more ideas to share with our loyal subscribers.

Enjoy your Thanksgiving weekend!

-Team Haymaker

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IMPORTANT DISCLOSURES

This material has been distributed solely for informational and educational purposes only and is not a solicitation or an offer to buy any security or to participate in any trading strategy. All material presented is compiled from sources believed to be reliable, but accuracy, adequacy, or completeness cannot be guaranteed, and David Hay makes no representation as to its accuracy, adequacy, or completeness.

The information herein is based on David Hay’s beliefs, as well as certain assumptions regarding future events based on information available to David Hay on a formal and informal basis as of the date of this publication. The material may include projections or other forward-looking statements regarding future events, targets or expectations. Past performance is no guarantee of future results. There is no guarantee that any opinions, forecasts, projections, risk assumptions, or commentary discussed herein will be realized or that an investment strategy will be successful.  Actual experience may not reflect all of these opinions, forecasts, projections, risk assumptions, or commentary.

David Hay shall have no responsibility for: (i) determining that any opinion, forecast, projection, risk assumption, or commentary discussed herein is suitable for any particular reader; (ii) monitoring whether any opinion, forecast, projection, risk assumption, or commentary discussed herein continues to be suitable for any reader; or (iii) tailoring any opinion, forecast, projection, risk assumption, or commentary discussed herein to any particular reader’s investment objectives, guidelines, or restrictions.  Receipt of this material does not, by itself, imply that David Hay has an advisory agreement, oral or otherwise, with any reader.

David Hay serves on the Investment Committee in his capacity as Co-Chief Investment Officer of Evergreen Gavekal (“Evergreen”), registered with the Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940. The registration of Evergreen in no way implies a certain level of skill or expertise or that the SEC has endorsed the firm or David Hay. Investment decisions for Evergreen clients are made by the Evergreen Investment Committee. Please note that while David Hay co-manages the investment program on behalf of Evergreen clients, this publication is not affiliated with Evergreen and do not necessarily reflect the views of the Investment Committee. The information herein reflects the personal views of David Hay as a seasoned investor in the financial markets and any recommendations noted may be materially different than the investment strategies that Evergreen manages on behalf of, or recommends to, its clients.

Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this material, will be profitable, equal any corresponding indicated performance level(s), or be suitable for your portfolio. Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and other sources may be required to make informed investment decisions based on your individual investment objectives and suitability specifications. All expressions of opinions are subject to change without notice. Investors should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed in this presentation.