China’s economy has been growing at a frantic pace for quite a while now. As this growth slows, so does their capacity to pay back debt. Big cracks are now showing. As much as people complain about regulation, this does serve a valuable function to protect us from ourselves mostly. The implications of inadequate regulation […]
The drop in the price of Boeing stock by 24% since the beginning of March has served as a big drag on the Dow. Now it singlehandedly may be putting down GDP by 0.5% more. Manufacturing data has been sluggish for quite a while, which in itself has spurred concerns about a potential recession. As […]
One of the drawbacks of funds is their singular approach to managing cycles, which means walking a certain path and not straying. Factor investing is at least more dynamic. People will often speak of this or that type of stock being more suitable for this or that environment, and even though this view is ruled […]
People are struggling to explain what might be behind Tesla stock rocketing up the charts lately. The real lesson here is that we should not even be trying to explain it. Everyone loves to make predictions about the future price of stocks it seems. Traders aren’t among them, at least the best ones, who instead […]
J.P. Morgan Asset Management’s chief global strategist David Kelly has just shared his thoughts on a number of issues of concern to investors, and he covers a lot of ground. While most investors approach investing in a completely passive way, and don’t really have a plan to react to circumstances and outlooks as they develop […]
Royal Dutch Shell is being touted by Barron’s as one of their top 10 stock picks for 2020. They think its growth prospects are noteworthy, but it might be good for another reason. There are plenty of stocks that haven’t done very well over the last 10 years, and have tanked while the average stock […]
In the investment world, there’s an oracle on every street corner, all looking to pop out in your face and tell you all about what is going to happen. Be careful who you listen to. Jeffrey Gundlach is certainly not one afraid to go out on a limb. He famously proclaimed municipal bonds as “the […]
Bernstein continues to attempt to downplay the effect that Elizabeth Warren becoming president may have on the markets. It may be less than we think, but for a different reason. The extent of the worry about how Elizabeth Warren winning the presidency in 2020 may affect the stock market is well documented. Bernstein economist Philipp […]
Saudi Aramco is far from your average IPO, starting with it being only a very small piece of the overall company, with the Saudi government holding the rest. This is not a good bet. Having the opportunity to invest in the world’s largest oil company might appear to be pretty tempting, but this is far […]
Analysts are lining up to tell us that small-caps will be big in 2020, where we may expect the S&P 600 and the Russell 2000 to beat the S&P 500. Visions of sugarplums aren’t enough though. Whether or not small cap indexes end up beating the large cap ones such as the Dow, the Nasdaq, […]