Many small-cap exploration and production companies have had a good run in recent years, but are now getting whacked given their strong connections to oil prices. But the news is not all bad: Philip Juskowicz of Casimir Capital makes a good case for certain micro-cap names. In this exclusive interview with The Energy Report, Juskowicz discusses…
Noah Smith writes better than I can and in particular that Nobel-winning economist Paul Krugman recently claimed that John Maynard Keynes — or the general idea of Keynesianism — is winning the battle of opinion in the public sphere. George Mason University economist and blogger Tyler Cowen responded, playing devil’s advocate, and listed a bunch of points…
Investor Joseph Edelman leads Perceptive Advisors and since 1999 the fund has returned an annualized 30.2%. Last year, the fund returned about 48%. Edelman works with six biotech analysts to find companies with potential large gains ahead. Perceptive has been actively buying Amicus Therapeutics (NASDAQ:FOLD) over the past few months. The fund bought 8,339,444 shares on…
Talk about doom and gloom. Oil bears are predicting $40 per barrel, even $30 per barrel. Meanwhile, a whole lot of folks are treating the chatter like it is a foregone conclusion. What would need to happen for oil to go from $110 per barrel at the height of Russia-Ukraine tensions down to $30 per…
The short squeeze in the euro was sparked not by what Draghi said, but what he did not say. He did not commit the ECB in any way to buy sovereign bonds, which many had expected at least a hint of. Nor did he express the sense of urgency he did in the recent past….
Once upon a time, the UK economy was dominated by heavy industries such as steel making, coal mining, mass car production and shipbuilding, but under the leadership of Mrs. Thatcher’s conservatives in the 1980s, these activities were eclipsed by the rise of the service sector, dominated by London’s role as, arguably, the world’s leading financial…
Why are central banks buying equities outright and trading futures? Very simple – EURO CRISIS! I have reported that central banks have been buying equities because there is a real crisis underway in central bank reserves. Behind the curtain, they need diversity because the Euro Crisis has creates a Reserve Crisis. There is no real alternative to the US dollar…
Merge Healthcare Incorporated (MRGE – Analyst Report) was a big mover last session with its shares rising roughly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one…
Who could have seen that coming!!??? Apparently Draghi could not clarify exactly what he meant in 90 minutes, 3 hours ago!!!! *ECB SAID TO PREPARE BROAD-BASED QE PACKAGE FOR JANUARY MEETING So, despite telling us earlier than not January and not ready, we get this spurious headline just as EURUSD crossed 1.2450… Fun-durr-mentals indeed. It appears…
On Monday gold became almost 80 USD more expensive in no time and it is now listed north of 1,200 USD per ounce once again. At first sight there was not really a clear indication as to what caused the sudden surge in gold. But gold was not alone. Silver jumped up by no less…
