The Great Western Economic Depression
Western economies are “recovering”. How do we know this? We are told this, over and over and over again by our governments. Then this assertion is repeated thousands of times more by the dutiful parrots of the Corporate media. The problem is that in the real world there is not a shred of evidence to […]
GBPUSD – 1.3000 In View?
The pound took out not one, not two but three big figures today in the wake of a surprise announcement that Theresa May will call a snap election on June 8th. The news was met with resounding approval from the currency market as traders appreciated the shrewdness of the move which could consolidate Ms. May’s […]
Seagate Technology: High Yield Dividend Income Or Value Trap?
Many of the most popular high yield stocks are real estate investment trusts (REITs), master limited partnership (MLPs), and business development companies (BDCs). All of these industries are designed to pay very high dividends. When it comes to regular corporations, however, a very high dividend yield can be a warning sign that something is fundamentally […]
Value And Momentum Investing In Frontier Stock Markets
Value and Momentum investing have been studied across many different markets and asset classes (Asness et al 2013) and have shown to be effective factors. A working paper, “Frontier Stock Markets: Local vs Global Factors” by Douglas W. Blackburn and Nusret Cakici examines Value and Momentum investing in Frontier Markets from 2005-2016. This paper is unique […]
The Great Gold Racket
Murray Rothbard said it best when he said that “the threat of gold redeemability imposes a constant check and limit on inflationary issues of government paper. If the government can remove the threat, it can expand and inflate without cease. And so it begins to emit propaganda, trying to persuade the public not to use […]
Diana Goes Down For Me
Exactly as I predicted……… I covered this position for a nice profit. Thanks, Lady Di!
Thud: Housing Starts Plunge 6.8% As Sentiment Soars
Unless housing starts data is another one-time affair, and it could be given the volatile nature of housing starts, this recovery is nearly over just as sentiment is peaking. Econoday notes a 6.8% decline in housing starts for March to 1.215 million units seasonally adjusted annualized (SAAR). The reported dip is vs an upward revision in February […]
Erdogan’s Victory And Gold
Turkish President Erdogan won a crucial constitutional referendum. What does it mean for the gold market? On Sunday, Recep Tayyip Erdogan, president of Turkey, narrowly won a referendum that will greatly expand his power. With 98 percent of ballots counted, the “yes” vote stood at 51.4 percent. The final results are expected to be announced […]
A Crash Course In Long-Term Investing — For Short-Term Traders
Audio Length: 01:13:07 Mebane Faber is the founder and CIO at Cambria Investment Management, where he manages Cambria’s ETFs, separate accounts and private investment funds. He’s also authored numerous white papers and five books now, on various investing subjects. Meb’s a budding podcaster too, his podcast; The Meb Faber Show. The main reason why I […]
US Macro Data Crashes Most In 7 Years – What Happens Next?
The last week or so has seen both ‘hard’ real economic data and ‘soft’ survey data disappoint notably. This has sent the Citi Macro Surprise Index plunging to 5-month lows with its biggest drop since 2010. The question is – what happens to the stock market next? Of course, this is no surprise to bond traders…
