Stock Valuations are Not Low
July 30, 2009 How can I say this best? Stock market valuations are not low. If you are retired or saving in hopes of retiring, you must laser focus on having a consistent flow of cold cash to pay the tab for your weekly grass-fed-to-the-end beef, fresh-ground flax, coconut milk loaded with medium-chain... Read the full story
Where’s the Bubble?
The Shanghai A-share stock index is up 79% YTD, making it the second-best-performing stock market in the world. What is driving the resurgence in Chinese shares? China is a command economy. When the government wants to get something done, it happens. Want to implement a monetary stimulus plan? Just encourage... Read the full story
The Terror of Outliving Your Money
July 24, 2009 The terror of outliving your money has now taken hold for too many investors. It’s not hard to see why, given that discerning investors remember like yesterday the 1965-1981 16-year bear market, where the Dow ended up at 875, 10% lower than its 1965 peak of 969. A little closer to home,... Read the full story
Young Research’s Top Commodity Play
The U.S. recession has curbed demand for natural gas while supply has continued to increase. The obvious result has been a fall in prices. Currently, natural gas inventories are plentiful, but they will not remain so permanently. Lower natural gas futures have already caused a significant supply response.... Read the full story
Savers are Terrified
July 17, 2009 Despite pockets of strength, the bear market in stocks staggers on, eyeing, with an increasing daily concern, the RPM’s (Radical Progressive Movement) sweeping program of socialism and quasi central government nationalization. The stock market hated the Bush-fronted neo-con disaster,... Read the full story
Your Tax Dollars at Work
July 10, 2009 From 1995 through 2006, corn subsidies in the U.S. totaled $56.2 billion, and this spring farmers seeded the second largest amount of land with corn in more than 60 years. According to the WSJ, “The Obama administration is pushing a big expansion in ethanol, including a mandate to increase... Read the full story
A 0.01% Money Market Yield
July 3, 2009 I just checked the yield on my money market fund. How does 0.01% sound to you? Sounds to me like the mid term GPA average for the Delta House gang back at Dean Wormer’s fictional Faber College. You’re getting less than 0.5% from 3 and 6 month treasuries and bank CDs. And you know that... Read the full story
