Lots of folks think global bankers got off easy after the financial crisis.But this week the tide started to turn.Deutsche Bank, one of the world’s most powerful financial institutions, is under all sorts of pressure, and that could have serious repercussions for Europe’s already troubled economy. The shares took a… Read More
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Two weeks ago we criticized the appalling lack of accountability by senior management at Wells Fargo (“Wells Fargo Sins, But…”). Looks as though others agree with me. Just yesterday Wells CEO John Stumpf morphed from bank executive into a blue-suited, silver-haired piñata before the House Financial Services Committee. And not only has… Read More
Renewable energy income plays are staging a comeback after a draining year. Read More
Did you see what Elon Musk is up to now?Musk made billions as an early investor and CEO of PayPal. He parlayed that fortune into Tesla, SpaceX and SolarCity – each an ambitious attempt to revolutionize an industry (cars, space travel and energy). He’s done remarkable work in all three… Read More
Seems like the 1970s all over again. OPEC ministers meeting in Algiers cut a deal to limit production starting in November. The last time OPEC showed this kind of discipline, Jimmy Carter was president and Donald Trump was still partying at Studio 54. Crude oil prices rallied nearly 4%… Read More
We’ve already hit paydirt twice this year by using history to time our buys; could we go 3-for-3? Read More
We know a lot more about investing than we did 30 years ago. I’m not talking about supercomputers, sophisticated algorithms or breaking down “big data.” No, the calculations that we’ve learned more about happen inside each investor’s mind. Neuroscience and psychology have taught us that human beings aren’t… Read More
Tonight’s presidential debate is expected to garner a Super Bowl-sized television audience – as it should. Our economy remains fragile, and we’re all hoping some new leadership will kick start our economy – and our investments.But sadly, tonight’s show will not only rival a major sports event in viewership, it’s… Read More
Various initiatives are underway to revive the nuclear power industry, which could make some electric utilities excellent long-term investments. Read More
Despite recent turmoil in the space, consumers continue to spend. Read More
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