In a recent interview with Financial Sense Newshour, John Kosar at Asbury Research said the market has “more pain to come,” with the major averages likely to fall to their 200-day moving averages. He also believes the dollar is overextended on a...
Two years ago, the new seven-member Standing Committee of the Chinese Communist Party Politburo — the most powerful political entity in the country — was introduced to great fanfare. All seven men walked on stage wearing a dark suit and a red tie, but to me the most striking aspect of their appearance was their hair.
Regulatory capture – when regulators come to act mainly in the interest of the industries they regulate – is a phenomenon that economists, political scientists, and legal scholars have been writing about for decades.
One of the 2014 predictions that I made back in January was “The crude oil export ban will not be lifted in 2014.” The present ban on U.S. crude oil exports dates to the The Energy Policy and Conservation Act (EPCA) of 1975.
The European Court of Justice announced Sept. 22 that hearings in the case against the European Central Bank's (ECB) bond-buying scheme known as Outright Monetary Transactions (OMT) will begin Oct. 14.
According to the Bureau of Economic Analysis, Personal Income (PI) in August rose 0.3%. Transfer Payments (TP), which includes Social Security, Medicare, Medicaid, government & private pensions and miscellaneous welfare programs) rose 0.7%.
Today’s data from China and Japan provides further evidence that the emerging signs of a growth spurt at home will remain unsupported by weakness abroad. This may not be a big deal for U.S. economic growth, but it could become a challenge for the corporate earnings picture.
Let me admit up front that this EVA has been rolling around in my mind for quite awhile. Its genesis may be directly related to the fact that I’ve been desperately yearning to write a bullish EVA — besides on Canadian REITs or income securities that get trounced by the Fed’s utterances.
My last blog entry inspired an old Brazilian friend of mine, with whom I hadn’t had any contact for years, to comment on this section of the interview...
The winding down of extraordinary measures taken by the U.S. Federal Reserve to ameliorate the effects of the financial crisis could reverberate through energy markets.
In past missives I have discussed why I do not believe the Cyclical Adjusted Price Earnings Ratio (CAPE) is a good measure of valuations. The problem is that the CAPE uses a 10-year backward looking average of earnings.
- Technician: Top-Heavy Stock Market Has "More Pain to Come"; Long-Term Picture Still Favorable
- MIT vs. ShadowStats – Who’s Right on Inflation?
- Why Stock Investors Should Care What Happens in the Junk Bond Market
- Corporate Profits and Market Peaks - Are We There Yet?
- Grossly Distorted Procedures: Mish Proposal to Raise GDP Calculation