Oil at $200 per barrel: That’s what an analyst at Goldman Sachs (NYSE: GS) predicted in May 2008. At the time, oil had just hit a record high , surpassing $110 per barrel. A month later, the CEO of the Russian energy company Gazprom predicted $250 per barrel oil. Read More
Energy & Commodities
Beginning next Wednesday and for the following two weeks Copenhagen will have the coal industry on pins and needles. That’s where President Barack Obama and leaders of 190 other countries will convene to try to reach a consensus on reducing carbon emissions. It’s doubtful that the international… Read More
Gold has been grabbing all the headlines lately as the price for the precious metal has hit record highs. In the weeks and months to come, however, you’re going to be hearing about a far more pedestrian commodity: Rice. The price of rice has started to climb based on reports… Read More
Brazil has been one of the best places for U.S. investors for a long time. During the past five years, the Bovespa Index, Sao Paulo’s premier index, has gained +167.0%, or +21.7% compounded annually. The… Read More
In the study of physics, momentum is the product of the mass and velocity of an object. That’s not a bad way to define the term when descrialink_72192ng a company’s earnings, either. When a company’s per-share earnings grow, it means revenue is growing… Read More
Back in 1986, Halley’s Comet streaked through the sky, Bill Buckner broke the hearts of Red Sox fans in the World Series, and the U.S. government passed a landmark tax reform act. You may not remember that last event, but more than two decades later it still has a profound… Read More
The emergence of China and other developing markets has exponentially and permanently increased the trade of goods across the globe. In the past decade alone, world trade has exploded to a level far beyond what the world has ever known. Then came the financial crisis. Read More
I’m going to tell you how to save some money. It’s an easy fix. You probably won’t notice anything other than the savings. It has to do with your icemaker. If your house is anything like mine, there are certain sounds you’ve learned to ignore. My dishwasher, for example, makes… Read More
Big is in. The question marks lingering about the strength of the recovery has prompted many investors to seek shares in large, stable companies that have weathered the downturn in good shape. The 100 largest public companies in the world have beaten the MSCI… Read More
An often-overlooked industry may just be the best place in the entire market to find steady income. Major players are paying rock-solid yields as high as 7% to 10%. When you think of energy companies, you probably think of oil and natural gas. Or maybe you even… Read More