Though late trading is expected today, the U.S. Dollar is poised to end out the year more than 12% higher against a weighted basket of its major peers. This will be the strongest gain in nearly 10 years and likely, according to industry analysts, a good indication of what investors are likely to see in…
Those looking for hyperinflation can find it in Venezuela. Here’s the question of the day: How bad is Venezuelan inflation and how bad can it get? Bloomberg reports Venezuelan 1,000% Inflation Seen by BofA Without Weaker Bolivar Venezuela President Nicolas Maduro, set to announce a new currency system today, needs to devalue the bolivar or…
Several days ago we reported that as a result of persistently lower gold prices, driven down by a seemingly endless supply of paper gold (in the form of ETF selling and Bank of International Settlement “price discovery”) offsetting a seemingly unbridled appetite for physical gold, not only is one of the biggest marginal suppliers of gold –…
<< Read Part 1: Railroad Industry – Navigating Through Persistent Challenges The railroad industry is poised for strong growth in the coming quarters, reflecting the industry’s leverage to the positive momentum in the U.S. economy. The strong earnings performance we saw from the industry in the third quarter earnings season should sustain itself in the…
As we are approaching the end of the year, it is time to balance the present year and to formulate some outlooks regarding the next one. A couple of days ago, I wrote an article about the market outlook for 2015, you can consult it here. In the article, I contend that next year will be…
Gold and silver caught a sharp bid on the London PM fix and NY open, probably an adjustment from the smack down yesterday that coincided with the demise of the December contract. See calendar below. These ‘technically’ oriented sharp moves up and down are a symptom of what is wrong with the Comex, which will…
Note from Talkmarkets editors: This article discusses one or more penny stocks. Penny stocks are easily manipulated; please do your own due diligence. Globetrotting Chris Berry, founder of House Mountain Partners, finds most retail and institutional investors sitting on the sidelines waiting to see where the energy sector is headed before jumping back into the…
Let’s Talk About the Market Numbers… Note that this report pertains most directly to portfolios operated under the guidelines, rules, and disciplines of Market Cycle Investment Management (MCIM). MCIM produces disciplined “High Quality Growth & Income Portfolios”, designed to maintain and/or to grow income regardless of the direction taken by markets or interest rates. Both markets have…
Stephen Williamson wrote a critique of this post which critique was praised by David Andolfato and Noah Smith. Williamson critiques the Keynesianism defined as So, as I learned from Dick Lipsey in 1975, and my cat learned last fall, Keynesian Cross is (1) C = A + cY, (2) Y = C + I + G, where…
2014 has been a rough year to navigate. I went against the grain in January and bet big on one macro trend—that long-term interest rates would fall in 2014 rather than rise—and invested heavily in equity REITs and mortgage REITs. That bet paid off handsomely, and my conservative, income-oriented portfolios have had a great year….
