Since mid-June, we’ve attended the Paris Air Show and met with companies involved in oil production, hydraulic fracturing, and wind turbine towers and components. As an investment analyst, I am always seeking to help my clients anticipate change in order … Read more
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Unrealistically, most investment discussions focus largely on purchase decisions and almost all the rest of the time on when to sell. In contrast, as both an investment manager and a member of numerous investment committees, our most frequent interaction with … Read more
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Two of my colleagues and I were discussing the end of the world, a conversation prompted by some of my recent posts, as well as a call from an adviser seeking help with a client who has a nine-figure net … Read more
Leave a CommentAs the market debates whether the Fed should “taper” the pace of QEÂ asset purchases, an uncomfortable truth is beginning to face market participants. With the majority of QEÂ benefits already having been felt, the tapering of QEÂ is inevitable at this point … Read more
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One of the primary objectives of the Fed’s policy was to enable as many homeowners as possible to refinance into a lower mortgage rate. The Fed affected rates not only through its language and guidance but also through the outright … Read more
4 Comments Monday morning on CNBC, TrimTabs CEO Charles Biderman noted that “the Fed’s balance sheet is up a few trillion, and the equity market caps are up a few trillion. To me, there’s nothing else that’s going on.” The popular pundit … Read more
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I wouldn’t be too negative about Europe. I think a lot of the issues result from Europe dealing with its problems now — by restructuring the weaker economies and getting state budgets on a sustainable level — rather than deferring them. Second, as I mentioned, European companies aren’t entirely dependent on European consumers because many companies are global.
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Almost 500 years have passed since the first Spanish conquistadores arrived in Central America. They rapidly became attracted to its hard-working labor force and rich natural resources. Eventually, Europeans ended up controlling the region for more than three centuries before … Read more
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Spain has been one of the main countries of concern for investors during the last three years, which shouldn’t be a surprise to anyone. If Spain abandons the euro or defaults on its debt, it could trigger a Lehman-style meltdown. … Read more
3 CommentsThe housing market may be in recovery, and some prominent commentators have suggested that if it is, the broader market may recover alongside it. Joe McAlinden, A CFA Charterholder and the CIO of Catalpa Capital, joined me in our New … Read more
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