Natural Gas Rising
These are America’s top 10 natural gas producers...
Boost Employment – Guaranteed
Did you catch President Obama’s jobs speech this week? Is this guy kidding? He wants a do-over of the stimulus.
The Economic Dream Team
This team of advisors is short on relevant experience. It’s time to bring in replacements.
A Nightmare Schedule
I have in front of me a most depressing chart. It shows the value of adjustable-rate mortgage (ARM) resets. The chart runs from 2006 to 2012 and has two peaks-almost like the back of a camel.
A Truly Ghastly Environment
This is a truly ghastly environment for yield-conscious investors. Three-month T-bills yield 0.03%, two-year T-notes 0.73%, five-year T-notes 2.09%, and ten-year T-notes a whopping 3.3%. Who is locking up money for ten years at a 3.3% yield?
Investment Success
In 1981, the Dow Jones Industrial Average ended at 875, 10% lower than its year-end value in 1965. During this wretched 16-year period, blue-chip stocks went nowhere. This was the ice age for stock prices. High and rising inflation and interest rates and big government were to blame. This sounds eerily similar to America’s prospects today.
A Canary in the Coal Mine?
This leading financial indicator accurately anticipated a 60%-plus rally in stocks in the spring. What is it telling investors today?
The Irrational Mr. Mishkin
In the November 9 Financial Times, Frederic Mishkin, a former Federal Reserve governor, proved that the Fed has learned absolutely nothing from its Greenspan-era forays into dangerously low interest rates.
Top 10 Mistakes #1
The #1 item on my list of the top 10 mistakes investors make is...
Blowing Asset Bubbles
A misguided strategy is endangering the wealth of millions of investors...