Monthly Archives: December, 2014

Where to get 7% Yields

If you are a buyer of assets and a long-term investor, the recent turbulence in markets should be viewed as a welcome development. You...

What Oil Price Correction?

Below is a chart of the price of oil denominated in rubles. In Russia, a cratering currency has resulted in higher, not lower, oil...

Risk Off

As you can see here the tide has turned against junk bond investors. From The Wall Street Journal: The oil bust is exposing cracks in the...

The Monday Melee: MAP: Student Loan Debt

Industry Roars: Industrial production recorded the largest monthly uptick since May 2010 in November. The acceleration in growth surprised the 81 analysts surveyed by Bloomberg,...

The Most Powerful Fiscal Stimulus

The mainstream press and their liberal Keynesian allies in academia (that means you Princeton & Berkeley) have made a sport out of roasting the...

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“Investors Need to Beat Back This Mighty Foe,” Dick Young

“Inertia,” Dick Young said to me recently, “is terrible....

The Mysterious ALS Cluster in the French Alps: Is It Linked to Toxic Mushrooms?

Terence Monmaney of Popular Science reports that in Montchavin,...

How Walmart Is Closing the Gap with Amazon

Walmart has adapted to the online shopping era, delivering...

Breaking Down California’s Gas Prices

California consistently has the highest gasoline prices in the...

Spain Blames Generation Loss for Worst Blackout in Years

Rodrigo Orihuela, Joao Lima, and Thomas Gualtieri of Bloomberg report that a...

Amazon Unleashes Vulcan: A Robot That Feels

Amazon has introduced Vulcan, its first robot equipped with...

The Power of a Compound Interest Table

Compound interest was described as the greatest mathematical discovery...

Russia’s Oil Trade Severely Disrupted by Recent U.S. Sanctions

U.S. sanctions on Russia’s oil trade have grounded 61%...

China Cuts Rates to Offset U.S. Tariffs Ahead of Trade Talks

Ken Moritsugu and Elaine Kurtenbach of the Associated Press...

The Vanguard Wellesley Way

Vanguard Wellesley is a fund we have long admired...