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Price Indices: Constant Utility Or Constant Quantity?

Price Indices: Constant Utility Or Constant Quantity?

Josh Hendrickson argues that an ideal price index should include asset prices. I am not going to address that issue, as I’m not sure what an ideal price index is. But it’s a good post—worth reading if you are interested in price indices.Instead, I’d like to focus on a less controversial claim in the Hendrickson post: […]
Three Heavy Industry Stocks To Buy As U.S. Gov. Prepares $6.3 Billion In Grants

Three Heavy Industry Stocks To Buy As U.S. Gov. Prepares $6.3 Billion In Grants

Image courtesy of 123rf.com The US and China are heavily subsidizing the historic transition to electric vehicles (EVs). The Biden admin has committed to have at least 50% of new car sales be electric by 2030. Through private-public partnerships, like the EV Acceleration Challenge, battery manufacturers alone are poised to invest $100 billion to pursue that goal.The ultimate […]
Gold’s Upside Potential In The Next 3 Years

Gold’s Upside Potential In The Next 3 Years

Image Source: Pixabay I have focused on the coming secular shift in Gold and precious metals because it has massive implications over the coming years and into the 2030s.However, I will discuss the cyclical potential of the current move in Gold today. With a strong close above $2100, Gold is in a new cyclical bull market.The […]
Gold And Silver Eye Higher Price Levels As Fed Fumbles

Gold And Silver Eye Higher Price Levels As Fed Fumbles

Image Source: Unsplash   As the Federal Reserve confirms plans to cut interest rates later this year, Jay Powell’s shifty stance on inflation has left many Fed watchers scratching their heads – and others crying foul. On Wednesday, Fed policymakers opted to keep their benchmark Funds rate unchanged for now, as expected. However, they also telegraphed three […]
Non-Fungible Tokens: What Are They And How Much Should I Care?

Non-Fungible Tokens: What Are They And How Much Should I Care?

Image source: Unsplash I’ve had a hard time believing that non-fungible tokens (NFTs) matter in an important way, but enough people seem to be paying attention to them that I feel some need to do so as well. Roman Kräussl and Alessandro Tugnetti provide a useful overview of the state of play in “Non-Fungible Tokens (NFTs): A Review […]
Grains Report – Friday, March 22

Grains Report – Friday, March 22

Photo by Evi Radauscher on Unsplash WHEAT General Comments: Wheat was higher yesterday. Russia is the worlds largest exporter and sets the world price. It looks like the current prices have accounted for most or all of the bad news to hit Wheat futures. USDA made no changes to its balance sheets last week. Big world supplies and […]
Key Takeaways From The Latest Central Bank Meetings

Key Takeaways From The Latest Central Bank Meetings

Video Length: 00:06:21 On the latest edition of Market Week in Review, Senior Portfolio Manager Olga Bezrokov and ESG and Active Ownership Analyst Zoe Warganz discussed the latest headlines from major central banks around the globe. Bank of Japan hikes rates into positive territory Bezrokov and Warganz started by unpacking the Bank of Japan’s (BoJ) […]
FTSE 11 Month Highs

FTSE 11 Month Highs

Image Source: Pexels On Friday, the UK’s FTSE 100 saw a slight increase as investors continued to show optimism towards the Bank of England’s more accommodative monetary policy. Phoenix Group, an insurer, also saw gains following its annual results. The blue-chip FTSE 100 reached a more than 11-month high. This marks the index’s second consecutive week […]
New Highs Past $2,200, But The Gold Rally Hasn’t Even Started Yet

New Highs Past $2,200, But The Gold Rally Hasn’t Even Started Yet

Image Source: Pexels Gold has passed $2,200 and silver is starting to catch up a bit, but this has been a commodity rally across the board, not specifically a gold or silver rally. That is yet to come. For an idea of what it would look like, check out the cocoa market, which is locked in […]
Don’t Sleep On Global Stocks

Don’t Sleep On Global Stocks

Image Source: Pixabay It’s easy for investors to fall into a rut. Even though I spent the first few years of my career trading global stock markets, I’m as guilty as anyone about becoming too focused on US stocks. It’s a big world out there – don’t be afraid to invest in it. And if you […]