investing

The larger question is the economy. If it improves from here, the President gets re-elected. If the debt ceiling and budget cut debates tank the economy, the Republicans will get the blame and Obama wins too. If the economy sours without a…

Yields are incredibly low in the investment grade space. So that has put pressure on managers to get some yield pick up. Could European high yield be it, not just for European fund managers but for Americans as well?

Below is a nice little interview with Hedge Fund manager Hugh Hendry . The headline quote was his way of showing us he doesn’t take himself too seriously. But his underlying message is that he believes it pays to really massage the most…

In this week’s Big Interview, Barton Biggs has a lot to say. What stands out and what the WSJ has stressed is his support for public works programs.

The mitigating factors are the recent manufacturing data and the pickup in small business credit. I especially like to see small business with access to and take up of credit because that could mean renewed hiring. The jobless claims…

In Montier’ view, “value investing is the only risk-averse way of investing” that addresses tail risk. He identifies, value risk, fundamental risk and financial risk as three main risk characteristics value investing captures. The subtext…

As the Q2 winds down, it may be useful to review the recent correlations between some of the major currencies and the US S&P 500. The correlation calculations are conducted on the basis of percentage change of the currency and the…

Michael Mauboussin talks to Consuelo Mack about why its getting harder to beat the market and why doing less can actually make you more.

India is still an emerging economy, one which has made great strides forward in recent years. And despite many difficulties India has remained a democracy since independence. It is a country where human rights are by and large respected,…

Here’s an interesting note from UBS’ Andy Lees on the background story to the oil market. You may have heard that US President Obama decided to release some of the oil from the Strategic Petroleum Reserve (SPR). This move was bearish for…