Pessimism Rises Even as Dow Hits a New High
Though aggregate pessimism increased as the Dow Jones industrial average reached new record highs, some individual investors described themselves as being more optimistic in the...
Category : Home
Petrobras Gain is Biggest 2-day Rally Since December 2008
Continuing our call from yesterday, Petroleo Brasileiro Petrobras (PBR, quote) is seeing tremendous short covering follow through. A stock that remains guilty until proven innocent...
In Praise of Theft and Fraud (But Not Deceit)
Some people are in favor of theft and fraud as long as it's not deceitful. Financial Times columnist Martin Wolf is one of those people....
US Oil Production Surpasses Saudi Arabia
This Great Graphic comes from Mark Perry’s Carp Diem blog, which I saw on the American Enterprise Institute website. It shows that last November, the...
Richard Bernstein: 3 Signs to Watch for the Next Bear Market
Richard Bernstein has been very bullish over the last few years and very right. I’m biased towards his research because I was a big fan...
Dow Jones Industrial Average at All Time High? Not So Fast
So the Dow Jones Industrial Average (INDEXDJX:.DJI) has hit a new nominal high? Big deal. It has not yet eclipsed its inflation adjusted high, as is...
The U.S. Budget as a Ford Truck
Former high school teacher and current Congressman Kerry Bentivolio (R-MI) makes an interesting analogy between the U.S. budget and the cost of a Ford truck...
Gallup Economic Confidence Index Plunges
It’ll be a week until we get another read on retail sales and it’s important to remember that, oftentimes, Americans do and say two very...
Recession Index Still Says “No Recession”
One of the main indicators I rely on for the cyclical view of the markets is the Orcam Recession Index (which I update in the...
How Much Water Are We Wasting? [INFOGRAPHIC]
Water plays an important role in the lives of most living beings. Though it is abundant on planet earth, 97% is salt water and unfit...