Author Archives: Darren Marchal

Keeping Investors Scared Witless

Investors, as usual, are bombarded with reasons to sell stocks. This means that they are Scared Witless (TM OldProf).  Let’s take a deeper look. Short-Term Advice There has been (yet another) sighting of the Hindenburg Omen. I pointed out the flaws of this approach in 2010. Those seeking a higher authority might check out Barry Ritholtz: Hindenburg…

Amid The Noise

Amidst the din of every pitch man with an opinion on the markets (and these days everybody’s a genius with an opinion) the big picture barometer to global economic contraction moves forward. ‘Yeh but…’ say the pitch men, ‘the USA is fine.  You yourself have taken heat for calling the economy strong.  What’s your fancy macro chart…

Reducing The Cost Of Doing Business In India: One Example (ADR/GD

by Pratik Datta and Ajay Shah, ajay shah blog Last week, the Ministry of Finance notified the Depository Receipts Scheme, 2014 (‘2014 Scheme’). This replaces the 1993 Scheme with respect to depository receipts. The key materials on this subject are: The Sahoo Committee Report, which provided the intellectual framework, and drafted the 2014 Scheme. An article about this…

E EC

In Measuring Equity Performance Picking a Reference Point is Crucial The price performance of the DJII over the past five and a half years has been stellar. By comparison the performance of the economy has been has been dismal. From this arises worry among many commentators that the price of the DJII cannot continue to…

China Surpassed USA As Largest Economy By Output

The International Monetary Fund (IMF) recently released the latest numbers for the world economy. And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared with $17.4 trillion for the USA.The Chinese economy just overtook the United States economy to become the largest in the…

EC Whistling P

The economic challenges facing Russia, the eighth largest economy (and 2nd most powerful military) in the world, are intensifying. I’ll let the charts speak for themselves. The Ruble is collapsing, hitting new all-time lows against the U.S. Dollar. This is leading to a significant increase in inflation, with prices rising 9.1% over the past year….

The Market’s Most Deceptive 14% Bounce

So much for the usual Black Friday hype. On Monday – the first full trading day after the Thanksgiving holiday – the NYSE Composite (^NYA) lost 67 points on news that Black Friday holiday sales decreased by 11%. The post-holiday punch didn’t affect all stocks, however. Among those to buck the downward move, Buenaventura Mining…