Markets
Sell your Hummer by 2014
Recent research out of Kuwait forecasts global peak oil around 2014. Using a highly sophisticated model, Ibrahim Sami Nashawi, Adel Malallah and Mohammed Al-Bisharah (working for Department of Petroleum Engineering, College of Engineering and Petroleum, Kuwait University, Kuwait and Kuwait Oil Company) evaluate oil production and depletion rates for 47 major oil producing nations. Here’s their... »
Contrarian Indicator?
ABC News Consumer Index is still at rock bottom. Sounds bad, right? But look at the other time when the Index was at a similar level: around 1991. During the early 1990s, America was hit by a new kind of recession – one that targeted middle-office workers. “Downsizing” became part of our vocabulary and for... »
Mohamed El-Erian: How to handle the sovereign debt explosion
One thing I’ve learned about the PIMCO folks is that they understand the big picture. They are able to spot emerging economic trends to predict where the world is headed. Often, people get caught up by the individual pixels that they fail to see the complete image. You don’t need to know how many... »
Low Says U.S. Will See Job Growth in Next 2-3 Months: Video
Christopher Low, chief economist at FTN Financial, talks with Bloomberg’s Jon Erlichman about the Bloomberg Professional Global Confidence Index, which fell to 53.8 in March from 54.9 last month. »
Marc Faber on CNN
The patient is already dead – Marc Faber on how throwing money at the problem is not the solution. var VideoID = "10648"; var Width = 585; var Height = 370; »
Barton Biggs: Stocks Could Rise 10%
Barton Biggs, managing partner at Traxis Partners LLC, and Jeffrey Saut, chief investment strategist at Raymond James & Associates, discuss their views on US and EM equities. Short-term market sentiment is rising steadily. While this could signal a short-term reversal, the long-term outlook appears solid. Unless some exogenous shock rocks the markets, there’s... »
Looking for oil demand in all the wrong places
Much of the world is paying attention to the oil inventories and demand figures coming out of the US and other OECD nations. While the OECD accounts for a big portion of global demand, that number has been shrinking since the 1990s. This is why oil prices only crashed to about $30/bbl when OECD demand... »
Anyone who expects retail investors to jump back into equities hasn’t been paying attention
Up. Down. Up. Down. And we’re not just talking about the normal volatility that comes with risky assets. We’ve seen two giant bear markets followed by two giant up markets within the past decade alone. Investors that bought and held for the upward ride during the 1980s and 1990s are now discovering the ride doesn’t last... »
Guest: Weekend Ramblings
Guest Post by Bulls, Bears & Pigs “The purpose of the stock market is to make fools of as many men as possible”. This is the motto of my blog. Are you a believer yet? Never has this been so true in the past 2 years. The bulls were huge fools in 2008 (and even the... »
Interview with James Montier
This is a fantastic interview with James Montier of GMO (formerly from Soc Gen). Very interesting stuff for investors of all stripes: Part 1 Part 2 »