How fast did the U.S. economy grow in the third quarter? We’ll get our first glimpse tomorrow.The initial GDP number for the third quarter will be revised, but it’s significant as the last big economic report before Election Day – and, potentially, as further confirmation of a Fed rate hike.We… Read More
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If the presidential campaigning has you stressed out, join the club. A recent Huffington Post poll found that 81% of Americans wish the election was over. The riotous debates, uncivilized language and voter suspicion of both candidates has left many Americans eager for the dawn of Nov. 9.But in a… Read More
Hyperbole can turn solid science into a viral lie about the next game-changer. Read More
AT&T’s proposed $85.4 billion deal to buy Time Warner is the latest and largest mega-media merger. It won’t be the last.Here’s why: AT&T andVerizon make their money giving customers high-speed Internet service at home, pay TV channels and, in some cases, Internet access to mobile devices.The shorthand labels for these… Read More
History clearly shows that prolonged periods of low volatility often lead to periods of potentially extreme volatility. Read More
In the second part of our series, we see what implications other countries’ experiences with implementing expansive renewable energy policies might have for the Golden State and its utilities. Read More
Bloomberg had an article yesterday about “where the next crisis will come from.” The list included unsettled politics, problem banks and growing debt.Guess what? That’s a woefully incomplete list. But don’t expect me to complete it because the truth is we don’t know what the next crisis will be.Part… Read More
The beaten down sector produced the best recent gains among MLPs. But there’s a hotter trade out there right now. Read More
We all know the expression that a fool and his money are soon parted. But as we observe the irrational actions of energy traders lately, it begs the question: How did these fools and their money get together in the first place?Case in point: The irrational exuberance now bidding up the… Read More
As the steward of the Personal Finance Income portfolio, I’ve been reconsidering what financial companies and banks deserve to be called income investments, especially given the revelations of fraud and scandal at Wells Fargo and Deutsche Bank.And the more I look, the more I like firms that have been pursuing… Read More
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