Mohamed El-Erian just echoed his gloomy economic forecast. Instead of using his “The New Normal” term for worldwide slow growth that he branded seven years ago, this time he used a new phrase: the “T-junction.” El-Erian’s T-junction means an economic intersection where you can’t go forward because the path we’ve… Read More

There’s no such thing as a high yield without high risk. Read More

As we discussed yesterday, the math behind “asymmetric” investing is compelling… Perhaps the sector that’s most illustrative of its effectiveness is biotechnology. Let’s consider a hypothetical portfolio comprised of three well-known Big Pharma stocks: Pfizer (NYSE: PFE), Merck (NYSE: MRK), and Abbott Laboratories (NYSE: ABT). Scrutinizing their fundamentals (balance… Read More

Surprise, surprise: The country’s stock market has been one of the top global performers this year. Read More

The big recent gains reflect slowing supply and growing demand, and our top picks are outperforming. Read More

I’m doubting more and more that the Federal Reserve knows what it’s doing. The central bank had to abruptly reverse course on a planned rate increase in June after the May jobs report came out Friday. It showed a measly 38,000 jobs were added, the lowest monthly jobs gain since… Read More

For investors closely monitoring the stock market, the first Friday of every month is labor day – small “l”. On this day the Bureau of Labor Statistics (BLS) releases its monthly non-farm payroll report.And last Friday was not a happy labor day.  Last Friday the number came in at 38,000,… Read More

Compressing and storing carbon is technically feasible, if you don’t mind losing money. Read More

Calm waters can be hiding places for big sharks.  This market seems to be in a steady up trend and many investors are looking to relax.  But in our opinion the calm demeanor of the S & P 500 is misleading and complacent investors could be in for a nasty surprise.   And as traders hit the beaches, and the Federal Reserve makes interest rate decisions in the next few days and weeks, the markets are increasingly vulnerable. Read More

Calm waters can be hiding places for big sharks.  This market seems to be in a steady up trend and many investors are looking to relax.  But in our opinion the calm demeanor of the S & P 500 is misleading and complacent investors could be in for a nasty surprise.   And as traders hit the beaches, and the Federal Reserve makes interest rate decisions in the next few days and weeks, the markets are increasingly vulnerable. Read More