GAO: Serious Cuts, Tax Increases Possible Due to Health Care, Pension Costsby The Daily Reckoning.Posted 5 Days Ago.
Risky Business Makes a Comebackby Greg Guenthner.Posted Feb 7, 2013.Resize TextPrint This PageShare On TwitterShare On Facebook 2012 featured more of the same from skittish investors.They shunned risk. Instead, anyone interested in equities stuck to blue chips. Stocks paying a decent dividend received plenty of attention, while smaller companies were virtually ignored. Hesitant, fearful buying defined the collective attitude toward equities.But something changed after the market began moving higher three months ago…For most of 2012, small-caps and large stocks slogged through the ups and downs within spitting distance of each other. But since the market began to move off its November bottom, the Russell 2000 small-cap index has outpaced the Dow Jones Industrial Average by a wide margin…Appetite for risk has abruptly changed. The Russell is up an impressive 18% since its November lows, while the Dow has risen about 11.5% during the same timeframe. Even as stocks consolidate this week, smaller names have not given up much ground to the big kids. The last time we saw similar small-cap outperformance was in September 2010. In that case, a strong Russell helped propel a broad market rally lasting more than 10 months.When investors show they are willing to take chances on some of the smaller, more volatile names on the market, stocks will continue higher.Pay close attention to the Russell as stocks consolidate this week. If it fails to hold its ground, you’ll have an early signal to take profits…Best,Greg
A New Spin on the Old Oil Warby Matt Insley. Posted 1 Day Ago.When you've got a room full of 200 oil insiders scratching their heads at current high prices, something's gotta give.
Closing the Dow Gapby Greg Guenthner. Posted 1 Day Ago.For most investors, it’s weird to think of stocks as their go-to investing option.
U.S. Shale Gale vs. the Debt Leviathanby Peter Coyne. Posted 2 Days Ago.The petropoly has bills to pay and setting the price of oil was a simple way to balance their budgets.
A Grotesque Economic Experimentby Bill Bonner. Posted 2 Days Ago.Investors don’t seem to care that what's propping up their investments is what will ultimately destroy them: government monetary policy.
Shale Gas and Pax Americanaby Deepak Lal. Posted 3 Days Ago.For the next decade the energy revolution will be likely confined to the US, displaying the robustness of American entrepreneurship.
H.L. Mencken and Thinking Independentlyby Bill Bonner. Posted 1 Day Ago.Why the Sage of Baltimore’s commentary persists through America’s changing times.
It’s Not The End Of OPEC…But Might As Well Beby Matt Insley. Posted 2 Days Ago.After attending Platt’s oil conference in London I want to relay two important themes you need to know.