As I wrote earlier this week, the plunge in oil prices has dramatically cut profits for energy firms (see the article here). Some of those companies have been using their…
…revenues. That’s somewhat forgivable for a new company, though, because they are plowing money into their technology and trying to solidify their competitive advantage. When we evaluate a company’s profitability,…
…much better than what markets were expecting at the outset of the quarter, which was -4.6 percent as 73 percent of companies reported results better than analyst estimates. Results in…
There’s apparently plan floating around Washington that would dramatically change capital gains taxes, in my opinion, for the better. I try to be impartial about political matters (not always successfully,…
…purpose acquisition companies,’ but are often called blank-check companies. Historically, a relatively well-known investor would raise cash and form a SPAC, which is publicly traded. But, until the SPAC went…
…two companies, it makes sense that a more diversified pool of bonds would be less volatile than an un-diversified portfolio. The other factor to consider is the other main risk…
…(commodities, real estate, bitcoin, etc.), the inverted version of this last chart illustrates how important stocks are to the equation, even though stocks don’t do well with inflation spikes. As…
…for his financial news bureau, Dow, Jones & Co., it was a real innovation. Dow Jones had 1,000 subscribers that followed the market and a series of mergers in 1893…
…ARK Innovation fund, an ETF run by Cathy Wood. The fund enjoyed absolutely spectacular returns in the last few years, as you can see from the chart below, which shows…
September will mark the 25th anniversary of the failure of the massive hedge fund, Long-Term Capital Management (LTCM), and my podcast feed is filling up with retrospectives. One podcast featured…
