Category Archive: Finance
Who Will Bail Out The Central Banks In 2018?
Jim Rickards spoke at the National Center for Policy Analysis in late April. In this long video, the author of The Death of Money first discusses why central banks are always so wrong in their forecasting and policies. He relates how it took 100 years for science to understand and accept that the planets revolve around the […]
EC Riddle Me This: The Difference Between Headlines And Reality
As I was preparing for my daily radio show broadcast yesterday, I began looking at a variety of polls over the last year as to what was the most important issue to voters for the 2016 election. One poll after another, regardless of whether it was from a conservative or liberal perspective, showed the same […]
To The Class Of 2015 – You Chumps!
Dull, Embarrassing, Earnest and Trivial A long, long time ago On graduation day You handed me your book I signed this way “Roses are red, my love Violets are blue Sugar is sweet, my love And boy are we screwed” – With apologies to Bobby Vinton Image credit: Merlon Drâs Last year at about this […]
The Numbers Needed For The Prime U.S. Workforce To Recover
At last year’s Jackson Hole Symposium, Fed Chair Janet Yellen delivered an extended analysis of “Labor Market Dynamics and Monetary Policy”. Her speech essentially reviewed the ongoing debate over the mix of cyclical versus structural factors in employment since the Great Recession. Here is an updated a series of charts illustrating some structural changes in […]
Crude Prices ‘Spike’ Despite Saudis Increasing ‘Surge’ Production
As Barclays recently noted, there is a complete decoupling between futures and physical markets for crude oil and nowhere is that more evident than the high volume spike in crude that just happened after Saudi Arabia boosted crude production for a second month to the highest level in at least three decades, helping to raise OPEC output as […]
Is Lexington Realty’s 7.5% Yield Too Good To Be True?
Last week, Lexington Realty (NYSE:LXP) released the company’s first quarter earnings results and Mr. Market seemed to yawn – shares down .6%. As a follow up to an article that I wrote a few weeks ago, I am providing a recap of LXP’s latest earnings results in hopes of determining whether or not Mr. Market […]
Cantor Fitzgerald Turns Bearish On AOL, Inc. Following Verizon Acquisition
Earlier today, Verizon (NYSE: VZ) announced that it will acquire AOL (NYSE: AOL) for $50 per share, or about $4.4 billion total. Following the announcement, AOL shares shot up more than 17% to just over $50, marking a new 52-week high for the stock. Shares of Verizon fell less than 1%. Verizon views the acquisition as a […]
EC A Quantitative Breakdown Of Costco Wholesale Corporation: Expect More Upside
A) Introduction Costco Wholesale Corporation (NASDAQ:COST) has been one of the best performing stocks of the last 5 years, gaining over 150% during that timeframe. This is in comparison to a 50% gain for Wal-Mart (NYSE:WMT) and a 100% gain for the S&P 500. The chart below shows this comparison: Source The key question facing […]
Bull Of The Day: Illumina
For years, the biotech sector has been an amazing place to be an investor. If we look at two of the most popular ETFs tracking the space, IBB and FBT, both have nearly doubled over the past two years compared to more modest gains of nearly 30% for the S&P 500. Recent trading has been […]
Verizon Communications Inc. Acquires AOL, Inc. For $4.4B
Verizon Communications Inc. (NYSE: VZ) agreed to buy AOL, Inc. (NYSE: AOL) in a $4.4 billion all-cash-deal that will further the largest U.S wireless firms growth ambitions in mobile and video advertising. Following the announcement, in today’s pre-market, AOL shares soared nearly 18%, while Verizon’s stock dropped about 1.6%. Verizon’s offer at 17% premium Verizon Communications Inc […]
