Meb Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs, separate accounts and private investment funds. Mr. Faber has authored numerous white papers and three books: Shareholder Yield, The Ivy Portfolio, and Global Value. He is a frequent speaker and writer on investment strategies…
Introduction We have all heard the positive sounding news: fourth quarter revenues of US$362 million, a 121% increase from third quarter of 2014; contract sales of $402 million, which is a 140% increase from the third quarter of 2014. These numbers are really a testimony to just how bad the Chinese real estate market was…
Best Buy Co., Inc. (BBY), specialty retailer of consumer electronics, came out with fourth-quarter fiscal 2015 results, wherein earnings of $1.48 per share beat the Zacks Consensus Estimate of $1.36, and surged 23.3% from the prior-year quarter. Renew Blue transformation program and strength seen in categories like large screen televisions and mobile phones helped the…
By this measure, the U.S. scores very poorly: 4 out of a possible 5 on the Fragility Index. There is a certain logic to the idea that stability is a good predictor for future stability: if a nation’s economy and governance are stable and devoid of disorder, this trajectory of stability will be durable, right? Well,…
Video Length: 00:02:15 See Today’s Trading Opportunities Below – Watch The Video For Full Market Analysis 1 – The gold markets tried to rally on Monday, but ended up pulling back in order to form a shooting star for the session. This of course is a negative sign, but in the end we are still…
GOOGL was an NFTRH+ trade idea on Feb. 17. The target is 590, but I am going to do what I often do and sell below that target. I am not going to be greedy in this market. By “this market” I mean ‘this market with the really lousy sentiment backdrop’: Market Sentiment Hideously Over Bullish. Over…
Dick’s Sporting Goods Inc. (DKS), the sporting goods retailer, came out with fourth-quarter fiscal 2014 results, wherein earnings of $1.30 per share surpassed the Zacks Consensus Estimate of $1.22. Moreover, the bottom line surged 17.1% from $1.11 a share earned in the year-ago quarter. Following its fourth quarter results, Dick’s Sporting issued earnings and comparable store…
Politics makes for strange bedfellows. The German critics on the right of Chancellor Merkel think that Greece should leave the monetary union. The economic advisers to Merkel have argued that the Greece’s exit would not necessarily be disruptive. Ironically, the far left in Greece, the left-wing of the Syriza coalition seems to agree. In The Guardian, Costas…
Politics makes for strange bedfellows. The German critics on the right of Chancellor Merkel think that Greece should leave the monetary union. The economic advisers to Merkel have argued that the Greece’s exit would not necessarily be disruptive. Ironically, the far left in Greece, the left-wing of the Syriza coalition seems to agree. In The Guardian, Costas…
Private nonfarm payrolls in the US are projected to increase by 213,000 (seasonally adjusted) in tomorrow’s February update of the ADP Employment Report, based on The Capital Spectator’s median point forecast for several econometric estimates. The median projection matches January’s increase. Two estimates based on recent surveys of economists point to a moderately bigger gain…
