The world's economic myths, especially…
UK firms plan to invest…
The UK economy is primed…
No one can explain the most complex economic and monetary issues in a simpler, more homespun fashion than former governor of the Federal Reserve, Bob McTeer. He is known for…
I am building lists of merging market ETF to snap up during any summer sell off, and turkey popped up on the menu. The country is only one of two…
I believe that several asset classes are in the process of making important medium term tops, and that it is time to start building short lists of trades to execute…
My current scenario for global equities has them selling off over the summer, then a rebounding led by emerging markets starting sometime in the fall. In that case, you…
No one has been more negative about the long term outlook for the Treasury bond markets than I. At the rate that we are piling on spending while chopping back…
The overweighting of the UK stock market towards fossil fuel companies means that UK pension funds are at particular risk of any sudden reassessment of the viability of high-carbon energy…
Following our two-part article on the price of oil and the consequences for global growth posted April 12, it was interesting to see a Reuters article that reported…
With the Q1 earnings season now underway, investors seeking a repeat of Q4’s blistering results are about to be sorely disappointed. While calendar 2010 delivered a white hot 41% improvement…
If you take a look at the unusual market trends--nothing seems to faze the markets and commodities trading in tandem with stocks, then one thing becomes glaringly clear - --…
I received a call from a friend in Osaka last night. It was scratchy, kept cutting in and out, and was barely comprehensible. There are so many companies attempting to…
Radiation fears have begun to play havoc with the global shipping industry, in which Japan is a key player on several levels. Fearing the potential impact on crews, cargo and…
The highly publicized cases of Sergei Magnitsky -- a 37-year-old lawyer who died in pretrial detention in November 2009 after exposing a multimillion-dollar fraud against the Russian taxpayer -- and…
The July 21 deadline for the hedge funds to register required by the one year anniversary of the Dodd-Frank bill is fast approaching, and the industry is roiling with turmoil.…
As destructive as the Japanese tsunami has been, it may have left some investment pearls in its wake. It has suddenly made available some of the country’s best of breed,…
I am not in the habit of regularly lifting data out of the Wall Street Journal, but even a blind squirrel occasionally finds an acorn. I was tempted by the…
In the preface to his classic work “The Theory of Money and Credit”, Ludwig von Mises says: “Nevertheless, the problem of money has remained one of the darkest chapters in…
The performance of the US dollar constitutes a central determining factor for the development of the oil price. The criticism of the US dollar hegemony is getting louder on a…
As Japan reels from the human catastrophe of the earthquake and tsunami that struck on Friday, the insurance industry said it is too early to estimate the economic losses. On…
I rely on hundreds of “moles” around the world whose job it is to watch a single, but important indicator for the world economy. One of them checks for me…
I went into the Japanese earthquake positioning for a big “RISK OFF” trade, and it now looks like we are getting it in spades. The black swans are alighting.