China is to 2014 as Japan was to 1989 – – that is, the global savior of all things financial, including real estate. Here in the Bay Area, skyrocketing home prices (especially for trophy properties) are partially attributed to rich Chinese buyers looking for a safe (!) haven. There’s no way I’d buy into it,…
Chris Waltzek interviewed John Embry on GoldSeek Radio this week. Embry is Chief Investment Strategist at Sprott Asset Management and shares many of Peter Schiff’s views on the United States economy, which he believes is heading towards a currency crisis. He emphasized what a great opportunity investors have right now to get into precious metals…
While Jim Cramer went “all-in on oil stocks” in May 2014 (right before the collapse), it was the fracking sand-providers that were the most-loved stocks on many individual investors buying lists last year… until their worlds caved in. As WSJ reports, for many sand producers, this is their first time on the bucking bronco that is the cyclical energy business—and…
The airline industry has been the major bright spot of the market, but has all the easy money been made? These lesser known airlines are where you will find the biggest share price gains in the industry going in to 2015. Act now before the rest of the market wises up and the rally begins. …
Pardon the previous edition of this post. I imagined that the curve was rising, but it is in fact dropping a bit today as the market flies around post-ISM. As you were… 🙁 10, 5 & 2 year yields from Bloomberg
I wanted to find the Mid Cap stocks with great technical buy signals and consistent chart patterns so I used Barchart to sort the S&P 400 Mid Cap Index stocks to find the 5 with the best technical buy signals, then used the Flipchart feature to review the chart patterns. Today’s list includes: WGL Holdings (NYSE:WGL), Wendy’s (NASDAQ:WEN), Vectren (NYSE:VVC), Resmed (NYSE:RMD), RF Micro…
The ISM Manufacturing survey continues to indicate manufacturing growth expansion – however there was a modest decrease in the rate of growth. But the key internal new orders significantly declined (but still remains well into expansion). The ISM Manufacturing survey index (PMI) declined from 58.7 to 55.5 (50 separates manufacturing contraction and expansion). This was slightly below…
As with all fallacies, Modern Monetary Theory rests on some real insights into a matter, but seems to hinge on one or two key assumptions that are more matters of faith that historical or even practical experience e. In this is it can become not so much an economic theory, as a cult belief. I do not say…
The primary challenge to global citizens in this day of transnational corporate control of politics and banking is how to slow the inexorable steamrolling of public interest by profit-fixated privateers who control most of the world’s assets. Ellen talks with noted author and non-profit director Les Leopold about the lay of the economic horizon and…
Dear Diary, We saw the old year out in business class on Air France. We feted it with champagne and woke up in 2015 thinking about you. Many dear readers wrote to offer best wishes for the New Year. Others wrote with compliments on our book or new newsletter. Thanks to all… and best wishes…
