Summary: “Risk Comes From Not Knowing What You’re Doing” – Warren Buffett. Unlike his personal investment in NYU, Buffett has a third partner in the SRG deal who goes by the name of Mr. Market. I like to own “quality
January 22, 2016
As they say: “What a difference a day makes”. Dealers were telling us yesterday that sentiment had changed for whatever reason and they were calling this one, the Mario Move. Continuing its overnight run into Asian trading eventually easing above
Businesses, consumers and the federal government have taken on enormous amounts of debt since the Great Recession. Optimists argue that total debt is irrelevant; that is, they believe the only thing that matters is the cost of servicing those debts.
Companies even in struggling industries can find new avenues for growth. Consider Callaway Golf (ELY– Get Report) . The Carlsbad, Calif.-based company’s stake in privately held, golf entertainment venue TopGolf is proving to be a smart investment for the company. Although the company’s share price
And the big bounce off these lows finally came, and they were not only able to stick it, they even rallied it into the close, after the rest of the world had gone home or to bed. So what next.
Global equity and other “risk” markets remain addicted to stimulus without which all the ugly “withdrawal symptoms” kick in. The market “dysfunction” created in part by the Fed’s drip withdrawal has been quite violent, and many would argue irrational. However
If markets have rebounded today after the sustained selloff on fresh “stimulus” hopes, then one would have to wonder immediately what the background fundamentals might be. Setting aside all notions of past “stimulus”, the call for more would seem to
The winter weather in the Northeast gave a boost to heating oil demand, which lifted the oil markets into the weekend. We will need some follow through next week to scare some of the shorts out of the market. (Video
Gold and Silver have held up well during the recent selloff in equities. From December 28 through Wednesday the broad NYSE lost 10.4% while the S&P 500 lost 9.6%. Precious Metals gained strength during that period. Gold advanced 3.0% while
One of the most interesting stocks listed on Euronext Amsterdam Stock Exchange is a company called TomTom (TMOAY, TMOAF). For investors unfamiliar with TomTom – the company is leading in the personal navigation devices (PNDs) market where it competes directly
