Archive

July 21st, 2016

What Will It Take For Geopolitical Shocks To Worry Investors?

“...we are living in unprecedented times of geopolitical and social uncertainties. For investors, it is really hard to quantify those risks.. In this age of monetary policy uber alles, every setback somehow gets sold as a buying opportunity. There are no long-term ramifications ascribed to anything,” So what will it take for risk appetite to shift?

The 'Fed Model' For Stocks Is Just "Another 90s Gimmick To Justify The Unjustifiable"

Stocks trading on very shaky ground at already high multiples (and greater uncertainty that it will all be corrected naturally by the any-day-now thriving economy), means efforts to justify increasingly outlying earnings multiples are over-reaching... "There is just nothing to suggest interest rates are related to PE’s or EP’s, and thus the “Fed model” was but another 1990’s gimmick to justify the unjustifiable."

5 Charts That Prove Millennials Are Worse Off Than You

They've been called spoiled and entitled, but millennials may not be in nearly the advantaged position many think. Millennials may be the first generation ever to have lower lifetime earnings than their predecessors, which is “in contrast to the taken-for-granted promise that each generation will do better than the last."

The Unique Evil Of The Left

Is it too much to say that since the French Revolution, the left has been the source of virtually all political evils, and continues to be so in our day?

Trump Vs Clinton: How Will Energy Fare?

While countless articles have been written about the differences between the two candidates, the Republican and Democratic Parties just released their official platforms, which details their dream agenda if they were to gain control of the White House and Congress. It should come as no surprise that they are far apart on energy issues.

Trump Sparks "Wave Of Alarm" Across Europe After Warning US May Not Help NATO Members

Having entertained America for the past three days, overnight Donald Trump's rhetoric crossed the Atlantic and as the FT puts it, "has sparked a wave of alarm across Europe" as well as calls for solidarity from the head of NATO after warning that the US might not come to the defence of an alliance ally under attack from Russia if that country had not fulfilled its obligations to America.

"Are Stocks Cheap Or Expensive" - Here Are 20 Answers

"Is the S&P 500 cheap or expensive" - In trying to answer that question, BofA does the right thing and instead of giving a blanket statement, it looks at the 20 most important valuation measures, and finds that the market is overvalued, in some cases dramatically, according to 18 of of the 20 most popular metrics.

Energy Giant Schlumberger Fires Another 8,000 As "Market Conditions Worsened" In Q2

"As a result of the weakness in activity that will persist through 2016 as expected, we have made another significant adjustment to our cost and resource base, including the release of more than 16,000 employees during the first half of 2016 and a further streamlining of our overhead, infrastructure, and asset base."

Mattress Money & Need-For-Yield: "We Saw This In 2007"

“Cash On The Sidelines.” is the age old excuse why the current “bull market” rally is set to continue into the indefinite future. The ongoing belief is that at any moment investors are suddenly going to empty bank accounts and pour it into the markets. However, the reality is if they haven’t done it by now after 3-consecutive rounds of Q.E. in the U.S., a 200% advance in the markets, and now global Q.E., exactly what will that catalyst be? However, Clifford Asness summed up the problem with this myth the best and is worth repeating...

Roger Ailes Resigns From Fox News; Rupert Murdoch Takes Over As Acting CEO

Following a barrage of allegations of sexual misconduct involving Fox News' iconic CEO Roger Ailes, it seemed like it was only a formality before the departure was announced, and sure enough, moments ago it became official when Fox announced that Ailes has resigned as CEO and Chairman.