Monthly Archives: January 2015

Bull Of The Day: TASER (TASR)

TASER International (TASR – Snapshot Report) If I could name a single town that rose from obscurity in 2014 that would have to be Ferguson, MO. The Ferguson issue was as divisive as it was fascinating. There were so many issues at hand and the entire episode brought to the forefront many problems we have in this…

Tales Of Globalization: Russia And China

The end of 2014 marked the 23rd anniversary of the dissolution of the Soviet Union and the establishment of the Russian Federation. Like Chinese leaders in the previous decade, Russian policymakers faced the challenge of integrating their nation into the global economy. Russia’s trade openness (exports and imports scaled by GDP) grew from 26% in…

Oil Prices Remain Sluggish

Oil prices remained near five-and-a-half year lows in early Asian trading on Wednesday after prices saw yet more heavy falls in the previous session and analysts said a supply glut meant that more falls were likely before a rebound. Global oil markets on Tuesday slumped for a fourth straight session to five-and-a-half year lows as mounting…

How Can The Bond Bull Keep Going?

In our Weekly Market Update we have made an effort to track the deflationary story being told in the global fixed income markets, specifically sovereign yields have continued to trade lower defying what most investors thought was possible; Swiss 10 year debt recently yielded 25 basis points. A while back I quoted a Seth Klarman…

Bear Of The Day: Exxon (XOM)

Exxon Mobil (XOM – Analyst Report) probably has the best chance of not just emerging from the downturn in oil victoriously, but also come out bigger and stronger than ever before. It’s not one of those fly-by-night E&Ps that may or may not make it out alive. We’re talking about one of the largest, most profitable corporations in…

Gold Surges On Eurozone Woes

Gold prices ended Tuesday’s session up 1.32%, or $15.64, to settle at $1218.34 an ounce as Greece’s political crisis and a tumble in global equities buoyed the precious metal’s safe-haven appeal. The debate around the possibility of elections later this month resulting in the country leaving the eurozone has been rattling the markets recently. Softer-than-expected U.S….