Monthly Archives: December, 2015
Adam Smith and the Prudent Man
From the WSJ:
Adam Smith, “The Theory of Moral Sentiments” (1759):
The prudent man always studies seriously and earnestly to understand whatever he professes to understand,...
The Monday Melee: Headwinds for Manufacturing
Manufacturing Corporation Sales Down 3 of Last 4 Months
Steelmakers Hurting
USAToday reports:
Steelmakers are suffering their worst downturn in at least 15 years, partly because oil...
This Chart Should Scare You
Below you are looking at a chart of the S&P 500 versus the Merrill Lynch High Yield Index. High yield bonds have had a...
Fed Ends Historic Era by Raising Rates
The Fed ended seven-years of sitting on its hands by finally raising interest rates. Really? One will have to look pretty hard to actually...
The Energy Dividend
Oil and natural gas prices have continued to slide throughout 2015. An unseasonably warm start to the winter and elevated inventories have pushed natural...