Black Monday – Part Deux?
As the financial markets continue to roar with boundless optimism, a look back 30 years ago to a similar bull run paints a much more sobering view. 1987 had been a strong year for the stock market, as it continued the bull market that began in 1982. However, there...
Investing Internationally
With the stock markets in the US hitting all time highs almost every day, the question on everyone’s mind is when will the rally end and where else to invest to reduce risk in one's portfolio. Here is a recap of US economic data. All the signs point to improving...
When was the last time you shopped at JC Penney?
Or Sears or KMart? It is widely known that Sears Holdings is closing 150 of its Kmart and Sears stores this year and Macy's is shuttering 68 of 100 locations. JC Penney has closed 90 stores in the last four years and expects to close 300 more stores as it adjusts to...
Fool’s Gold
As the earnings season comes to end with most of the major US companies having reported Q4:16 results, a look at fourth quarter corporate profits reflects an increase of 4.6 percent, with 2017 forecasted to show earnings growth of 11.1 percent on a 5.8 percent...
Top Down Amateurism
Trump’s first week has given everyone a sign of things to come for the next four years. He has imposed a massive travel ban preventing tourists from 7 countries to enter the US, blasted the Mexican President, hung up on the call with Australian PM and prayed for...
Economics of Uncertainty
The prevailing theory among economists is that uncertainty and the unknown will make consumers less confident about their prospects and more cautious with spending. This would mean that uncertainty should act as a drag on growth. But in the past six months, amidst an...
Davos or D.C.?
This week was a big week for economists and world leaders who congregated in the quaint swiss town of Davos to participate in the World Economic Forum (WEF). While many flocked to listen to the elite speak about economic global outlook, major political concerns, new...
Investing in Stars of the Past
In every one of the past 3-4 decades, we have had one or two noteworthy companies that revolutionized the landscape through innovative products and consequently has seen its stock outperform its peer group and the entire industry. In the 80s, it was Microsoft. Cisco...
Tweets: Method or Madness?
With just 2 weeks till Trump assumes the Presidency, his unorthodox mode of communication continues unabated, wading into topics and subjects, large and small with little to no depth or subtlety. On Tuesday, Ford Motor said it will cancel a planned $1.6 billion...