Over the course of the next two columns, I plan to finish up the recent look at BP’s Statistical Review of World Energy 2014. The final two columns will focus on renewable energy, and carbon dioxide emissions.
As any good market technician will tell you, rotations are the lifeblood of any bull market. The time to worry is when money stops moving from sector to sector and decides, instead, to shift en masse to a separate asset class like bonds or cash.
While the decline in long-term interest rates has many confused given the recent improvement in U.S. economic data, it appears the main driver is a flight to quality alongside a weakening global economy and heightened geopolitical concerns.
Yesterday Federal Reserve Vice Chairman Stanley Fischer gave a speech entitled The Great Recession: Moving Ahead. A key topic is the question of long-term structural changes to the economy — whether we're experiencing economic weakness with deeper roots than the cyclical effect of the last recession.
The Death of Money, Jim Rickards’ second book, has met with widespread acclaim. In it, Jim refines and develops multiple topics raised in his first book, Currency Wars, as well as adding some intriguing new material regarding the role of intelligence agencies in international financial and monetary affairs.
By now most who follow the stock market know that the first two years of each presidential term are basically flat, but the good times come in the 3rd year which is nearly always an up year.
One of the reasons why we have secular cycles is due to the time-tested principle that people don’t change. The two greatest emotions that every investor has battled with are fear and greed. We see euphoria and rampant greed at secular bull market tops and outright despair and fear at...
Walgreen's decision to go ahead and buy the 55% of Alliance-Boots that it does not own, but not move their headquarters may mark the beginning of the end of the so-called inversion boom. Inversion is simply when a U.S. business buys a foreign company in a lower tax country and moves its headquarters there.
Based on capitulation-like selling in both the small cap equity and junk bond segments of the market, it is quite likely that last Friday marked a low. While the recent pullback was not fun it also wasn’t the beginning of a bear market as many bearish pundits claimed.
Is the public wrong all the time? The answer is decidedly, “No.” The public is perhaps right more of the time than not. In stock-market parlance, the public is right during the trends but wrong at both ends!