The flood of Q2 earnings announcements continues this week, with almost one thousand companies reporting results, including 165 S&P 500 members. By the end of this week, we will have seen Q2 results from 70% of the index’s total membership. But with results from more than half of the index’s total market capitalization already out,…
Get ready for interest rate normalization to shape central bank balance sheets to more traditional levels, achieving mean reversion after a significant trend of magnitude towards accommodation that has been historic in nature. Goldman Sachs Group Inc (NYSE:GS) analysis didn’t use the exact words, but they did note with this new “neutral” central bank balance sheets…
Photo Credit: Pictures of Money The School of Money Most books dealing with money tend to be too advanced for average people. If you’ve read me long enough, you know that I am pretty conservative with my finances. That conservatism has generally worked well for me, my family, and the church that I…
We’ve all heard that money can’t buy happiness. That is only half-true. Money can’t buy unlimited happiness, but a higher income does make us happier (on average) up to a point. A famous study found that rising personal income does make us happier, but only up to an income of $75,000 a year. Time & Money One of…
The initial public offering (‘‘IPO’’) deal of the premium industrial metals & minerals giant Vale S.A.’s VALE base-metal minority stake seems to be in hot water; as nickel and copper prices continue to plunge, coupled with lower productivity in 2015. Thirst for Higher Cash Generation Vale encounters threats of stiff rivalry from other mining conglomerates such as BHP…
Two weeks ago we explained why Greek banks, which Greece no longer has any direct control over having handed over the keys to their operations to the ECB as part of Bailout #3’s terms, are a “strong sell” at any price: due to the collapse of the local economy as a result of the velocity of money…
Simon Wren-Lewis takes a look back to the 60s and 70s…”The reason I write about this now is that I’m in the process of finishing a paper on the knowledge transmission mechanism and the 2010 switch to austerity, and I wanted to look back at previous macroeconomic crises.” Robert Waldmann is part of this post. The…
For those who doubted that renewed talks with Greece would move along smoothly, it came as no surprise that the first snag was hit on Friday. Negotiators from the euro zone were to arrive in Athens to begin discussions to normalize talks with Greece’s creditors. The trouble began when a switch was made in the…
Success in the stock market is less about reinventing the wheel and more about repeating what works. There’s no formula out there that is going to work 100% of the time, but there are time-tested strategies that outperform the market year over year. Just by using the Zacks Rank we know that we have consistently…
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the five undervalued companies reviewed by ModernGraham trading closest to their 52 week low. Each of these companies has been determined to be suitable for the Enterprising Investor according to the ModernGraham approach. This is a sample of…
