CLICK ON CHART TO ENLARGE This long-term chart reflects a key test is at hand? What would you do here? Humbly, I feel this is one of the most important assets on the planet and what happens here should impact all of us in many, many ways!! Again, I feel this is one of the…
A subscriber just asked my thoughts on Euro exposure and how to hedge it. As usual for me, simplest is best; short the Euro (or FXE) and long USD (RYSBX) after a USD correction. As part of response I also worked up a chart showing hedged vs. unhedged European equity funds along with USD. HEDJ vs….
A radical new paper is doing the rounds of the analyst community, and it makes some strongly counter-intuitive assertions. It says the focus on Shareholder Value Maximisation (SVM), which has caught on since the ’90s, is the dumbest idea ever, and it is screwing up real returns. The paper presents some impressive data to support this…
Here is the opening statement from the Department of Labor: In the week ending November 29, the advance figure for seasonally adjusted initial claims was 297,000, a decrease of 17,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 313,000 to 314,000. The 4-week moving average was 299,000,…
In this rather long post Brad (who writes faster than most people can read causing potentially inefficient fixed pixel formation) Brad spends an odd amount of time critiquing some neo-Austrian and Singer the inflation truther. But then he discusses the thoughts Bernanke and Summers, which are well worth discussing. Ben Bernanke says that there is a: risk……
Following awful Thanksgiving retail sales news, on Wednesday the Potemkin Village of U.S. economic “recovery” was dealt additional body blows as 1) the MBA’s weekly refinancing index plunged by an astonishing 13%; 2) November unit labor costs – i.e. wages – unexpectedly plunged 1.0%; 3) the PMI services index printed at its lowest level since…
Coca-Cola (KO) is the world’s leading beverage company. The company has a market cap of $192 billion, $44 billion larger than rival PepsiCo (PEP). Coca-Cola is more than its flagship Coca-Cola brand. In total, the company controls 17 brands that sell over $1 billion per year. Eleven of these 17 brands are non carbonated. The table below shows…
While there are shared commonalities between investing in startups and investing in stocks, there are certain nuances that can make the difference between generating market-beating returns or suffering disappointing losses. Photo Credit: Shutterstock, Architectural design and project blueprints drawings Most investors ‘come of age’ learning the mechanics and strategy of investing through their involvement in…
Like my friend Josh Brown does, I often don’t know where I will end when I start writing… I know I have something to say, given my own time writing for RealMoney.com, and now having publicly written on financial matters for over eleven years, with thanks to Jim Cramer, who gave me my start. Photo Credit: Penn State…
The ECB has not announced any new initiative. It stands ready to do more next year, but there was no specific mention of sovereign bond purchases. There was no tweaking of the second TLTRO which will launched next week. The staff did cut the forecasts for growth and inflation, but Draghi acknowledged that the…
