…on course to raise rates later this year, citing solid job gains and lower unemployment. Specifically, the statement yesterday added the word ‘some’ to a key phrase: ‘The Committee anticipates…
…Wash U. professor and founder of the highly regarded forecasting firm, Macroeconomic Advisors. He says, ‘what are you worrying about, September or December? It doesn’t matter. Just pull the trigger.’…
…to the Fed, ‘what are you worrying about, September or December? It doesn’t matter, just pull the trigger.’ Well, that was then and this is now. Not even a week…
…big flare-ups in early 2010 and late 2011, both related to the European sovereign debt crisis. Since then, it’s been unusually low, something I’ve written about before. Keep in mind…
…in Berkshire versus the S&P 500. By the mid-1990s, $1 invested in Berkshire was 100x more than $1 invested in the S&P 500. A few decades later, that’s still true….
…including our own Laclede Gas (now Spire). It was also pretty industrial, with companies like American Cotton Oil Co., US Leather Co., US Rubber Co., National Lead Co., American Tobacco…
Back in November, I wrote about the Sequoia fund (ticker symbol: SEQUX) on the losing side of a big bet on Valeant Pharmaceuticals (ticker symbol: VRX). Sequoia is a well-known…
…chance of a hike. While that’s a big move, it’s still well less than a coin toss – which is the market’s estimate for a December hike. One of the…
…construction/engineering and construction materials, which gained 4.84, 7.75, 8.91 and 10.63 percent respectively. Outside of hospitals, the worst performing broad sector were interest rate sensitive: REITs and Utilities, which lost…
…To put that into perspective, in our housing bubble, between 1998 and 2006, the most dramatic home price increases in California, Florida and Nevada were ‘only’ 80 percent. Vanguard asserts…
