That oil spill in the Gulf of Mexico is a nasty event that truly deserves all of our attention.
I want to see the hole capped quickly so the environment doesn’t get beat up any more than it already has, but I have
a feeling the economic and political ramifications will be felt for years to come.
As much as I disagree with corporate welfare and insider back-room dealings, the fact is that Goldman Sachs is one of the most powerful institutions in the world.
Grace held her investment through many ups and downs in the stock market. But most important to her was that Abbott as a
business continued to thrive, despite the swings in its stock price.
When we left, we were trying to imagine a few of the many obstacles Grace might have encountered as her initial investment grew into $7 million over 74 years.
Until a bull market reaches its last stages (the final three to 12 months), there is a general lack of belief that the market
can go higher.
Back in 1935, she invested $180 in Abbott Laboratories stock and never sold it. This one decision became the entire investment
career of Grace Groner.
I normally don’t expect complete child-like behavior from heads of state, but every political leader in Europe has been
acting like a little kid trying to run away from the broken window.
At the very least, regulators need to get control of derivative trading—transactions need to be more transparent and carried
out on an exchange.
Simon is at a crossroads where many other CEOs have found themselves, with most of them getting caught up in the circus, only to find destruction in their wake.
Fears that Greece may default on its government debt have kept global markets on edge.
Over the last 100-plus years, bull and bear markets in the United States have broken down into different stages.
While Sardar Biglari’s effort to duplicate Warren Buffett is clear, some of the Steak n Shake chief’s moves have been superficial.
The market gets a little roughed up and, all of a sudden, everyone is scurrying into the corner like roaches when the lights
are turned on.
These are challenging times for savers who demand a high level of safety from their investments.
There is a real possibility that the highs for the bond market have been reached, and we are in the early stages of what may turn into a powerful, sustainable and long-term bear market for government bonds.
During this century’s first decade, investors had to cope with the uncertainties surrounding 9/11; huge corporate failures
including Enron, Worldcom, Fannie Mae, Freddie Mac, and Lehman Brothers; and volatility wrought by both the tech and housing
bubbles.
Gold has maintained its long-term bull-market run that began in 2001, and it doesnâ??t look like any major interruption is coming soon.
The word “tax” tends to immediately raise the blood pressure of most Americans. And while the purpose of most
taxes is to raise revenue for the assessing government body, taxes can also be targeted toward changing individual and corporate
behavior.
One of the strongest messages the broad market is sending us today is that investors are looking for liquidity.
Macroeconomic forecasting is a tough â??science.â?? One may have the economy completely right, but that doesnâ??t mean it will make you any money as an investor.
