U.S. debt is skyrocketing with no end in sight. And while the dollar has recently functioned as a short-term safe haven, its long-term fundamentals are deteriorating. #-ad_banner-#To put it in perspective, U.S. public debt in 2000 was $3.4 trillion. That has now more than doubled to $8.6… Read More
Exchange-Traded Funds (ETFs)
Soon after taking office, U.S. Treasury Secretary Tim Geithner made U.S. banks undergo a stress test to see how they would fare in ever more dire economic scenarios. Almost all U.S. banks passed the test with flying colors. And as investors breathed a sigh of relief, they called their brokers… Read More
Love is a fickle thing. When oil prices surged past $100 a barrel in 2008, investors fell madly in love with alternative energy stocks. But when oil prices crashed, and when signs emerged that government budget problems would curtail the industry-friendly subsidies, so did investor ardor for this young industry. Read More
I believe the odds of a double-dip recession in 2011 are high — very high. The U.S. and global economies are struggling. You might think that good earnings reports here in the United States are indicative of an… Read More
It just might be one of the biggest, far-reaching pacts of the decade — and I’m betting you’ve never heard of it. It will govern business in more than a dozen countries, influence the shopping patterns of 1.9 billion consumers and facilitate trade in a region whose annual… Read More
Stock market volatility has caused many investors to question their commitment to buying individual stocks. This combined with a decade of flat to slightly negative stock market returns has stoked a debate over whether buy-and-hold investing makes any sense going forward. Defensive-minded investors looking to lower equity… Read More
After surging to a new all-time high of $1,258.58 an ounce on Friday, the yellow metal certainly could come under pressure from profit-taking or some other yet unknown exogenous event. However, for lots and lots of reasons, I like gold in this market. Here’s why: To begin… Read More
Stock analysts have taken their fair share of criticism in recent years. Some so-called experts are consistently off-the-mark and issue earnings projections that seem to be little more than guesstimates. Others simply follow the herd and are reluctant to raise… Read More
Emerging markets contain more than 40% of the world’s population and now account for about one third of the world’s gross domestic product (GDP). And that number keeps growing. Yet most of these countries… Read More
Will it ever end? It seems like one day the Dow Jones Industrial Average swings up +200 points and then gaps down -300 points the next. Several weeks of that is enough to make most investors nauseous. But a simple change in attitude can fix all of… Read More