One thing was abundantly clear in the most recent earnings season: Quarterly results were often terrific as analysts had apparently underestimated the earnings strength of a wide range of companies in a wide swath of industries. And in… Read More

As the second quarter winds down, investors are shifting their sights to macro themes. We’re... Read More

As the second quarter winds down, investors are shifting their sights to macro themes. We’re about to get a better sense of whether the economy is building steam, or stalling out. Here’s a look... Read More

Put that cork back in the champagne bottle. As the dust has settled, it’s increasingly clear that... Read More

Put that cork back in the champagne bottle. As the dust has settled, it’s increasingly clear that China’s bold actions this weekend regarding its currency may be less bold than it seems. Clearly,... Read More

Today I’d like to introduce you to my friend Mike. Mike is a real person and that is, in fact, his real name. He and I met in college and have been close friends since. He’s extremely intelligent, a partner in a major law firm, and he has, to my… Read More

First-quarter earnings season is a distant memory, and we’re still six weeks away from the next torrent of earnings reports. To fill that vacuum many investors will be focusing on economic data points that will be released… Read More

Warren Buffett seemed to take it on the chin last week. In fact, he’s been hammered for a couple of months now. First came the annual Berkshire Hathaway (NYSE: BRK-B) shareholders meeting, the annual Woodstock for Capitalists and Buffett love fest held each May,… Read More

During my former days as a financial advisor, I’d occasionally get a call or email from someone in our “Alternative Investments” department trying to drum up business. Invariably, they wanted me to deposit my clients’ assets into a specialized hedge fund utilizing one esoteric strategy or another. Quite… Read More

When the stock market is on the upswing, private companies get in line to sell their shares and become members of the new crop of initial public offerings (IPOs). Bankers like to know that investors are in a buying mood when taking these companies… Read More

You can’t blame investors for bagging profits on big winners. Many investors that bought into... Read More

You can’t blame investors for bagging profits on big winners. Many investors that bought into Ford Motor Co. (NYSE: F) back when shares traded for the price of a Big Mac have been exiting the... Read More

As the Obama administration gets set to spell out the restrictions placed on offshore drilling, one... Read More

As the Obama administration gets set to spell out the restrictions placed on offshore drilling, one thing is clear: The domestic supply of oil and natural gas is bound to be cut — at least in... Read More