I just returned home from the 20th Annual Global Indexing & ETFs Conference in Scottsdale, Arizona. Popular topics included moving beyond cap-weighted index funds, the growing search for yield and the increasing role of volatility in the management of risk. The conference organizers had asked me to participate on the volatility panel and the moderator…
Deals and Financings WuXi PharmaTech (NYSE: WX), China’s largest CRO/CMO, has filed to list its chemical manufacturing subsidiary, SynTheAll Pharmaceutical Co. Ltd., on China’s Third Board, a two-year old electronic OTC exchange (see story). Although it has submitted a listing application, WuXi said it may not conduct an IPO for STA immediately after approval. WuXi further explained…
As markets have been inching down on Tuesday, a particular stock took a pretty hard hit. After releasing its financial results for the third quarter, Conn’s, Inc. (NASDAQ:CONN) stock slid by 41% in intraday trading, making the company the top loser on Tuesday. As investors have been unloading shares, the trading volume amounting to more than…
“Davidson” submits: Economic data speaks volumes! It indicates that investors should weather any volatility till the data tells us that the economy is peaking. Investors should not pull the trigger on portfolios ‘til’ we see the whites of their eyes’. The BLS Job Openings data in the chart below indicates that we remain at a…
“We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very…
“We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very…
Last week, Peter Schiff defended the intrinsic value of gold by briefly explaining how many uses it has beyond bullion investment. Many people have no idea how integral gold is to products they rely upon every day, not to mention exciting technologies of the future. People who argue that gold is becoming less useful in…
All year long, I’ve reported on the upward price movement of Arabica coffee beans, the high-quality beans used in gourmet coffees, like what you would find at your local Starbucks (SBUX). A drought in Brazil adversely affected this year’s coffee crop. The current weather may also affect next year’s crop, too, as this is a critical flowering…
In a recent article I wrote, “Gold and silver could gap higher by the end of 2014 and the top notch juniors could skyrocket.” I expected a breakout at $1205. It appears gold may be breaking that downtrend today. For a couple of years metals were knocked out of favor and now oil is on its knees…
Well, now that the title has hopefully gotten your attention I’d like to talk about the ‘d’ and ‘i’ words that so many financial types – myself included – throw around so often. This is due to a reader/subscriber KR’s aggravation at my use of the word deflation, which he had thought was meant sarcastically,…
