Are Junk Bonds just Junk?
High-yield bonds have become a hot story in the last few months, with many market participants wondering what the effect might mean on the broader market. DoubleLine Capital LP’s Jeffrey Gundlach and others have cited declines in high-yield bonds as a sign that U.S....
To Spend or Save?
Even as financial markets hit new highs every week, the trend in savings has dropped to 10 year low of just 3.1%, from a recent peak of 6.3% in October 2015. But it has not always been this bad. From 1950 to 2000, it averaged about 9.8%. It peaked in May 1975, hitting...
Q3:17 Earnings Recap
Thursday afternoon this week produced key Q3:17 earnings results from Amazon, Alphabet, Intel, and Microsoft - and all reporting earnings beating expectations across the board. Google's parent company Alphabet beat expectations on third-quarter results, with $27.77...
Risk vs Return
Finishing the week were all three indices posting record closing highs, extending their recent run of records, and the Dow, which broke above 23,000 this week, registered a sixth week of gains while the Nasdaq posted four weeks of gains. Initial jobless claims, a way...
Grinding to a halt
Last week, UK’s budget airline - Monarch Airlines went belly up stranding 100,000 passengers across Europe. Germany’s budget airline - Air Berlin filed for bankruptcy few months ago. For several weeks now, Irish carrier Ryanair has been cancelling thousands of...
Another day in America – Another shooting and an Another data breach
Just as the frequency and intensity of shootings in America seems to be picking up with every passing year, the size and scope of data breaches appears to be keeping pace. Target’s data breach in 2013 that put 70 million customer accounts at risk seems lame when...
Impact of Tax Reform
The tax plan that the President touted at its official unveiling earlier this week has winners and losers. While the plan is thus far scant on details and revenue projections, it appears to be designed to win over Main Street and Wall Street. But, the biggest...
Investment Outlook for the Next 100 Years
At a time when the Dow Jones industrial Average (DJIA), a widely watched index of 30 large U.S. company stocks, has been hitting records along with other indices, earlier this week, the famously optimistic, but usually quiet and conservative Warren Buffett, predicted...
$1000 for a smartphone?
Consumer Electronics products have traditionally fallen in price in the years after their introduction. Economies of scale, lower component costs, integration of features etc., all offer the potential to reduce the cost and the price, even with incremental features...