We evaluated 35 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. We also put each company through the ModernGraham valuation model based on Benjamin Graham’s value investing formulas in order to determine an intrinsic value…
A higher minimum wage kicked in for employers in 14 cities, counties and states on July 1, while January 1 also saw many hikes. And unlike past increases, many were not just a few cents per hour but substantially higher. So when will these higher minimum wage rates pull down aggregate employment? The minimum wage hikes…
It is hard to believe we are already in July and more than halfway through 2016; although, down here in steamy Miami summer arrived some time ago with its usual combination of heat and humidity. The first half of 2016 was notable for how bizarre the world has become over the past couple of quarters….
Silver prices declined early Friday morning, in reaction to a surging US Dollar. This move was predicated on the US Dollar rallying on better than expected NFP numbers. After its initial move lower, Silver prices have rebounded after printing a new weekly low at $19.20. However, despite this bounce in price, silver has yet to retest…
Japan has pushed further away from being the nation that embraces “Krugman Era” economics and deeper into the new “Bernanke Era” economics of helicopter money. As a result Japan’s citizens have been on a blitz to save what little purchasing power they still possess, before hyperinflation finally arrives. The gold price is up double digits…
Columbia Seligman Communications and Information A (SLMCX – MF report) a Zacks Rank #2 (Buy) seeks to achieve capital gain. SLMCX invests a large portion of its net assets in the securities of companies operating in the communications, information and related industries. This Sector – Tech fund, as of the last filing, allocates their fund in three…
One of the consequences of last year’s junk bond blowup was, unsurprisingly, a dramatic decline in high yield gross issuance. The numbers were pretty stark. According to SIFMA, high yield gross issuance in Q1 was 60% less than Q1 2015, following Q4 which was 47% below Q4 2014. As the market has come back since March, for…
The Fed has argued that it is easier to respond to an upsurge in economic growth from here by staying conservative at the zero bound than it is to continue hiking and the economy takes a downturn from here. Actually this isn`t even correct, as they could very easily just cut rates again much easier…
