investing

I think it goes without saying for those of you who have been using the sectoral balances approach, government deficits are what have been driving corporate profits in the U.S. to record levels. Most analysts and news outlets focus on the…

I was reading through an article at Reuters on the problem that public pension plans are having with shortfalls that can only be made up via increased tax revenue, increased investment returns, or decreased benefits. The Reuters article…

According to a questionnaire given by the leftist German party "Die Linke", German pensioners have seen a significant erosion of their purchasing power over the last twelve years. Average pension payments this year after deducting all…

By Marc Chandler The US dollar and Japanese yen are starting the week on a firm note, despite their respective markets closed for holidays. The gains are concentrated against the major European currencies, with the dollar-itself little…

I have been an observer of financial markets, and of those who operate within the markets, for almost 30 years. I have never before experienced investors paying more attention to career risk than they do at present. A preoccupation with…

I spoke on the panel of a conference that backed into a keynote address by Dennis Gartman. I thought he had a lot of interesting things to say, a lot of which I agreed with. The basic theme of his talk - and this was an investing in…

I participated in a Euromoney conference on investing in inflation this afternoon. I was on a panel of five right before the closing remarks by keynote speaker Dennis Gartman and I wanted to make a few remarks about what I learned. First,…

I am going to be speaking on a panel on "Investing in Inflation" tomorrow. And I thought I would put forward some ideas here regarding what I intend to say. The key word describing where we are is biflation, meaning inflation in some things…

By Sober Look High Yield corporate loans (sometimes also called "institutional", "syndicated", "leveraged", "par", or "bank" loans) continue to be in high demand. And it's not only hedge funds and CLOs (see post) who like this product.…

This is a brief note on Apple since it sold 5 million iPhones at the weekend. I have been saying that the upgrade cycle for Apple would be bullish and it has been as we are seeing record sales. This is due mostly to the fact that Apple's…