Earnings Expectations Are Grossly Optimistic As we enter into the end of the year, the vast majority of analysts have already come out with bullish forecasts for the S&P 500 going into 2015. The primary driver behind these optimistic forecasts is simply stronger economic growth will lead to higher corporate earnings which will justify higher…
There is no better place to find value and high yields in the market right now than these 3 MLPs. Don’t miss out on this fire sale because once investors realize that the price of oil has no effect on these companies, you won’t see a deal like this again for a long time. November…
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…
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…
